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$ 1,600,000
Est. payment | /mo
0.25 Acres Lot
$ 1,600,000
Est. payment | /mo
0.25 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12739431
Year Built 1926
Annual Tax Amount $38,763
Tax Year 2025
Lot Size 10,890 Sqft
Lot Dimensions 225x70
Property Sub-Type Multi Family 5+
Property Description
Prime investment opportunity featuring a 24-unit residential building with strong in-place cash flow and clear value-add upside. The property offers an attractive unit mix of 1, 2, and 3-bedroom floor plans, catering to a diverse tenant base. 19 units are fully occupied by long-term tenants, providing immediate stability. Four units are turn-key ready-renovated and available for immediate leasing.One remaining vacant unit needs turnover.
Location
State IL
County Cook
Area Chi - Chatham
Interior
Cooling None
Fireplace N
Building
Dwelling Type Multi Family 5+
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Olszewski of Area Wide Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
propertymanagement@legacypropertiesil.com
1350 Remington Rd, Suite B, Schaumburg IL, Other