Exceptional value-add opportunity in Chicago’s desirable Chatham neighborhood. This corner 12 unit building consists of 3 x 2bd/1ba and 9 x 1bd/1ba. Individually metered electric and gas, with individual forced air heat furnaces. Extensive electric upgrades in the past 4 years. You can hit the ground running on this one and stabilize quickly with only 4 units currently leased. The remaining 8 units are vacant. The condition of the vacant units vary, with some ready-to-rent and others needing a more thorough renovation. Coin operated laundry in the basement.
Property Details
Price:
$650,000
MLS #:
MRD12412459
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
CHI – Chatham
Listed Date:
Jul 7, 2025
Year Built:
1925
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$10,979
Listing Agent & Office
Joseph Giannini
Agent Realty Partners
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