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photo of Nikki Mayer
Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com

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Status: Contingent (For Sale)
Type: Commercial
Year Built: 1904
MLS ID: 12477563


Overview
Photos (30)
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Solid Greystone 5-Unit Building with Side Lot This solid greystone is a rare find, offering five total units with two apartments per floor and a spacious garden unit below. Each unit is generous in size and features hardwood floors throughout along with forced-air heating, giving tenants both comfort and style. The layouts are practical, open, and easy to rent, making this a smart investment that already sets itself apart. The property sits on a fenced, secure yard, adding peace of mind for both residents and owners. What makes this opportunity even more appealing is that it comes with a second lot included (PIN: 20074060300000 at 5116 S. Marshfield). That side lot offers endless potential-whether you use it for entertaining, outdoor gatherings, a private relaxation space, additional parking, or even consider future expansion. The total lot square footage reflects both parcels, giving you more land than the typical building in the area. For someone looking to live in the property, you could occupy one of the larger units and have the other four producing steady rental income to cover expenses and build equity. For a pure investor, this is a strong cash-flowing building with room to increase rents and maximize returns. The classic greystone construction is timeless and durable, adding long-term value to your portfolio. With five total units, hardwood floors in every apartment, modern forced-air systems, a secured yard, and a rare second lot included, this property checks all the boxes for both investors and owner-occupants who want more space, more income, and more opportunity. Buildings with this much potential, land, and flexibility don't come around often-and when they do, they don't last long.

Courtesy Of: eXp Realty


Feature Highlights


  • Additional Parcels
  • Built Before 1978

General Features


List Date:
09/22/2025

Exterior Features and Amenities


Lot Size Dimensions:
50X125

Financial


Purchase Contract Date:
2025-10-18
Days On Market:
29
Tax Annual Amount:
$3,221.55
Tax Year:
2023


Directions


ASHLAND TO 51ST WEST TO PAULINA, SOUTH TO 52ND, EAST TO MARSHFIELD, NORTH TO 5118

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2025-12-29
.

Copyright 2025 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
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