This is truly a fantastic opportunity for potential buyers. It’s a really well-maintained building nestled in a super convenient part of Irving Park area. It’s already fully rented out, and all the current tenants are on a month-to-month basis. The best part is that the current rents are actually quite a bit below market value for the area, so there’s some excellent potential for a new owner to increase their income. The location itself is unbeatable – it’s literally close to everything! We’re talking top-notch schools, handy daycares, the local library, all sorts of grocery stores, a vibrant array of restaurants, and fantastic public transportation links right at its doorstep. It’s ideal for an investor looking for a steady income stream, or even someone who wants to live in one unit and rent out the other. The first-floor apartment is offering two generous bedrooms plus an additional room that’s currently being used as a third bedroom. It also features a comfortable living area, a dedicated dining space, a functional kitchen, and one full bathroom. Upstairs is a duplex apartment This unit boasts four comfortable bedrooms and two full bathrooms, along with a spacious living room, a separate dining area, and a large, inviting eat-in kitchen. Plus, it comes with plenty of extra space and useful closets throughout. Both apartments are equipped with their own washer, dryer, and dishwasher – a huge convenience for residents! You’ll find a lovely mix of hardwood, durable laminate, and ceramic tile flooring throughout both units. Another great perk is that the tenants are fully responsible for all their own utilities. The roof was completely replaced in 2022.The property is being SOLD “AS-IS”.
Property Details
Price:
$549,000
MLS #:
MRD12588062
Status:
Active Under Contract
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
chiirvingpark
Listed Date:
Mar 10, 2026
Year Built:
1907
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Frame
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Financial
Tax Year
2024
Taxes
$7,055
Listing Agent & Office
Katia Jeleva
Sky High Real Estate Inc.
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4039 N Central Park Avenue
Chicago, IL


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