$1,580,000
$1,625,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
4,600 SqFt
SOLD DATE : 05/12/2025
Key Details
Sold Price $1,580,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 4,600 sqft
Price per Sqft $343
MLS Listing ID 12284509
Sold Date 05/12/25
Maintenance Fees $3,000
Year Built 1925
Annual Tax Amount $20,162
Tax Year 2023
Lot Dimensions 25X125
Property Sub-Type Multi Family 5+
Property Description
Turn-key 5-unit apartment building located in Chicago's highly desirable Little Italy neighborhood. Two buildings on a single lot - 2 units in front and 3 units in rear. This property underwent a full interior renovation in recent years and boasts bright, sun-filled units with generous floor plans. The buildings offer a well balanced unit mix of 5 bed, 3 bed, and 2 bedroom apartments. Located only blocks from UIC where enrollment grew in 2024 and continues to draw high quality and consistent tenants to the area. Vacancy is never a concern in this centrally located neighborhood with proximity to schools, downtown, restaurants and public transportation. New owner has the opportunity to leverage a turn key asset with rental upside in a booming location.
Location
State IL
County Cook
Area Chi - Near West Side
Zoning MULTI
Interior
Cooling Central Air
Fireplace N
Building
Structure Type Brick,Wood,Aluminum Siding
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Michael Scanlon of eXp Realty, LLC
"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