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$ 800,000
Est. payment | /mo
8 Beds
4 Baths
$ 800,000
Est. payment | /mo
8 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12482074
Bedrooms 8
Year Built 1925
Annual Tax Amount $10,246
Tax Year 2023
Lot Dimensions 47x125
Property Sub-Type Two to Four Units
Property Description
Prime Montclare 4-unit mix, which includes four (4) spacious 2BD/1BA apartments with hardwood floors plus two (2) garden layouts. Property improvements: separately metered electric (above-grade units), vinyl windows (last 15 years), flat roof tear-off (~5 years), Rheem hot water heater (recent), Richmond hot water heater (2007), and Weil-McLain boiler. Tenants pay electric and cooking gas, except one 1st-floor unit and a garden apartment (owner paid). Features include building-owned coin laundry, private storage lockers, and four (4) parking spaces (2 exterior, 2 garage). Rents are well below market, offering clear value-add potential through rent increases, parking income, and unit upgrades. Excellent investment in a strong, stable neighborhood.
Location
State IL
County Cook
Area Chi - Montclare
Rooms
Basement Finished, Partial
Interior
Heating Steam
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Adam Max of Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "