1449 - 51 W Garfield BLVD, Chicago, IL 60636
1449 - 51 W Garfield BLVD, Chicago, IL 60636
1449 - 51 W Garfield BLVD, Chicago, IL 60636
1449 - 51 W Garfield BLVD, Chicago, IL 60636
1449 - 51 W Garfield BLVD, Chicago, IL 60636
1449 - 51 W Garfield BLVD, Chicago, IL 60636
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Legacy Property Management

Legacy Property Management

+1(224) 999-9200
$ 674,900
Est. payment | /mo

8,028 SqFt

Save
$ 674,900
Est. payment | /mo
Save

8,028 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 8,028 sqft

Price per Sqft $84

MLS Listing ID 12688777

Maintenance Fees $2,700

Year Built 1912

Annual Tax Amount $3,165

Tax Year 2023

Lot Size 5,662 Sqft

Lot Dimensions 48' x 125'

Property Sub-Type Multi Family 5+

Property Description

SELLER APPROVED $25,000 PRICE REDUCTION EFFECTIVE IMMEDIATELY!!! investment opportunity to acquire a well-maintained six-unit brick apartment building located on Chicago's historic Garfield Boulevard. This legal six-flat features six spacious 2-bedroom, 1-bath apartments comprising approximately 8,028 square feet of living space on a 6,000-square-foot lot. Each apartment offers generous room sizes, separate living and dining rooms, hardwood flooring and individual gas-forced air furnaces. Tenants pay their own heat, gas and electricity, providing attractive operating efficiency and reduced owner expenses. The property enjoys a strong rental history with long-term tenants and immediate income-producing potential. Current rents range from $1,000 to $1,150 per month, with additional upside through future rental adjustments. Numerous recent capital improvements enhance the property's value, including a new electrical service (2026), two new sump pumps (2026), repaired/replaced front porch lintels (2026), new basement flooring (2026), and a modified bitumen roof installed in approximately 2018 that is professionally inspected annually and maintained with a protective silver coating. Additional features include a spacious rear yard, five off-street parking spaces, full basement, and an excellent location with convenient access to CTA public transportation, Interstate 94 (Dan Ryan Expressway), Sherman Park, schools, shopping, restaurants, and Downtown Chicago. Whether expanding an investment portfolio or acquiring a stabilized multifamily asset with long-term appreciation potential, this property presents an exceptional opportunity in today's Chicago multifamily market.

Location

State IL

County Cook

Area Chi - West Englewood

Zoning MULTI

Rooms

Basement Unfinished, Exterior Entry

Interior

Cooling None

Fireplace N

Exterior

Utilities Available Water Available

Building

Dwelling Type Multi Family 5+

Water Municipal Water

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ronald Branch of  RLB Realty Group, Inc. 
Legacy Property Management

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9200

propertymanagement@legacypropertiesil.com

1350 Remington Rd, Suite B, Schaumburg IL, Other

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1449 - 51 W Garfield BLVD