905 W Dakin Street Chicago IL 60613 MLS #MRD12483245

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**PRIME** East Lakeview CLASSIC Greystone FOUR BLOCKS from WRIGLEY – Fully Renovated 3-Unit Investment with STRONG Cash Flow! On one of East Lakeview’s most picturesque tree-lined blocks, this Greystone has been updated since its purchase with LARGE units boasting spacious floor plans, large living spaces, eat-ins, separate dining rooms, updated kitchens and bathrooms, separate HVAC systems, and more. Office / den spaces can easily be converted into third bedrooms or left as bonus rooms. With all three units leased through 2026, this is a turnkey investment with very strong cash flow in one of Chicago’s most desirable rental markets. Unit 1 underwent a major renovation in 2024 with approximately $28K in improvements, including all new appliances and the addition of a private in-unit washer/dryer. The basement has plentiful tenant storage, maximizing functionality, and also has the convenience of a two-car brick garage. Ideally situated just BLOCKS from the lakefront, Wrigley, and two blocks from the Red Line ‘L’, the building is in a prime north side location to give tenants unbeatable access to Lakeview’s restaurants, shops, and nightlife. With a proven rental history, this building is an excellent investment that provides immediate stability with long-term upside in one of Chicago’s most sought-after neighborhoods.

Property Details

Price:
$1,599,000
MLS #:
MRD12483245
Status:
Active
Beds:
7
Baths:
6
Type:
Multi Family
Neighborhood:
chilakeview
Listed Date:
Oct 21, 2025
Year Built:
1902
Chi – Lake ViewChilakeviewSchool District

Schools

School District:
1

Interior

Heating
Natural Gas

Exterior

Architectural Style
Greystone
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Stone
Other Structures
Garage(s)
Parking Features
Garage Door Opener, On Site, Garage Owned, Detached, Garage
Parking Spots
2

Financial

Maintenance Fee
$750
Net Operating Income
$66,936
Tax Year
2023
Taxes
$23,635

Listing Agent & Office

Mark Zipperer
RE/MAX Premier

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905 W Dakin Street
Chicago, IL