Cook, US
We are pleased to present for sale 735 E 88th, a six-unit multi-family investment property in the Chatham neighborhood of Chicago. The property is composed of six four-room 1-Bed/1-Bath apartments and a three-car garage that features updated electric, updated rear porch, central boiler heat (~8 years old), common hot water, newer windows, hardwood floors throughout, multiple units with updated kitchen and baths, and is located in a low-density pocket of south Chatham. 735 E 88th provides an excellent opportunity for an investor to re-lease the property to local subsidies that are currently offering 1300 to 1400 for one-bedroom residences with heat and hot water included. Upon stabilization, 735 E 88th has the potential to realize a 10-12 annual capitalization rate.
Courtesy Of: 33 Realty
Feature Highlights
- Built Before 1978
General Features
- List Date:
- 10/16/2025
Exterior Features and Amenities
- Lot Size Dimensions:
- 4500
Financial
- Days On Market:
- 99
- Tax Annual Amount:
- $2,743.00
- Tax Year:
- 2023
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Data last updated: 2026-02-09.
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