$525,000

Multi Family In Chicago

  • 8 Beds
  • 5 Baths
  • Updated: September 1
  • Source:
    Midwest Real Estate Data (MRED)  MLS#12734119

About the Property

Attention investors! Located near I-55 and just one block from McKinley Park, this 3-unit listing is a rare find on a corner lot. The property features two units (1F & 2F) in the main building and a coach house apartment (2R) above a 2-car garage in the rear, all sharing a courtyard. Main building new roof from 2022. Each unit is equipped with its own gas-forced-air furnace. The main building
Attention investors! Located near I-55 and just one block from McKinley Park, this 3-unit listing is a rare find on a corner lot. The property features two units (1F & 2F) in the main building and a coach house apartment (2R) above a 2-car garage in the rear, all sharing a courtyard. Main building new roof from 2022. Each unit is equipped with its own gas-forced-air furnace. The main building features a new hot water heater installed in 2024. The first-floor unit (1F) offers 2 bedrooms and 1.5 bathrooms and will be vacant by the end of August, providing the new owner with an opportunity to make cosmetic improvements, increase the rental income, or occupy the unit. Laundry hookups are ready. The second-floor unit (2F) features 4 bedrooms and 2 bathrooms and is currently rented for $1,699 per month through July 2027. The tenants have been in the unit since 2024, and the unit was repainted in 2024. The 2-bedroom, 1-bathroom coach house (2R) has been occupied by the same tenants since 2020 and currently rents for $1,100 per month. The 2-car garage is also rented separately for $100 per month. With three units, separate heating systems, a newer roof, and a combination of stable rental income and value-add potential, this property offers an excellent opportunity for both investors and owner-occupants. Please reach out to listing agent for a list of updates and current rental details. Selling as is.
  • Property type

    Other

  • Year built

    1900

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3600 S Winchester Avenue, Chicago, Illinois, United States View on Google Maps
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Fulton Grace Realty - Chicago

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Fulton Grace Realty - Chicago
Illinois, United States
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71
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2025
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Fulton Grace Realty - Chicago
Chicago, Illinois, United States
View agency profile
Last updated
September 1
First listed
Aug 27
Listing reference
12734119
Listing status
Active under contract
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