Contact
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: Active (For Sale)
Type: Commercial
Year Built: 1926
MLS ID: 12131343


Overview
Photos (12)
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Presenting a beautifully updated, occupied 4 out of 6-unit building, perfect for both investors and homeowners. Rent for one of the units has been raised from $1,100 to $1,700. The property features five 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, all with living rooms. Each unit has been tastefully renovated, with modern kitchens and baths, updated plumbing, and individual furnaces. Tenants are responsible for their own electricity, heating, and cooking gas, ensuring a strong cash flow and cap rate. The building also offers potential for additional income by installing a coin-operated laundry and an extra livable unit in the spacious basement. The exterior is well-maintained, featuring new windows and a full perimeter fence. While the 3-car detached garage requires some work, it provides excellent on-site parking opportunities. Sold "AS IS." Please refer to the additional documents for the Financial Pro Forma.

Courtesy Of: Coldwell Banker Realty


Feature Highlights


  • Built Before 1978

General Features


List Date:
08/26/2024

Exterior Features and Amenities


Lot Size Dimensions:
50X125

Financial


Days On Market:
503
Tax Annual Amount:
$2,879.00
Tax Year:
2023


Directions


83rd Street to Maryland, North to Address

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: 2026-01-16
.

Copyright 2026 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
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Corporate Office 7700 W. Belmont Ave, Chicago, IL 60634
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