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7700 W. Belmont Ave
Chicago , IL 60634
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888 317 9983
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773 664 0013

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404-406 Prospect Terrace
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Stephenson, US
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Status: Active (For Sale)
Type: Multi Family
Lot Size: 0.25 Acres
Year Built: 1897
Bedrooms: 4
Bathrooms: 2
MLS ID: 12590298


Overview
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Stop Renting. Start Owning! Unique homeownership opportunity designed for renters ready to make the move to owning. Two-story duplex featuring 2 bedrooms and 1 bathroom in each unit. The main floor unit offers a spacious living room and separate dining room with hardwood flooring, plus a kitchen with new vinyl plank flooring and main floor laundry hookups. The upper unit features a light-filled living room, separate dining room, and kitchen with new vinyl plank flooring. Property also includes separate basement access, separate utilities, and updated 100-amp service. Great opportunity for an owner-occupant or investor. This property qualifies for a unique homeownership program designed to help renters transition to ownership with minimal upfront cash and a simplified approval process. Example terms: $200,000 purchase price with payments as low as $1,395/month. Security deposit may be applied toward the down payment, and the first month's rent becomes the first mortgage payment. Program designed for hardworking buyers, including self-employed, 1099 earners, small business owners, ITIN holders, and credit-rebuilding applicants. If you qualify to rent, you may qualify to own. Program availability and terms vary. All approvals subject to income verification and underwriting guidelines. Equal Housing Opportunity.

Courtesy Of: Keller Williams Realty Signature


Feature Highlights


  • Built Before 1978

General Features


List Date:
03/11/2026

Interior Features


Bedrooms Possible:
4
Rooms Total:
10

Exterior Features and Amenities


Lot Size Dimensions:
80X134
Parking Total:
2

Financial


Days On Market:
7
Tax Annual Amount:
$1,501.00
Tax Year:
2024

Other Features


Elementary School District:
145
High School District:
145
Middle Or Junior School District:
145
Age:
100+ Years


Directions


Heading N on S Float Ave, make a left onto E Prospect Terrace. No sign in yard

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: 2026-03-27
.

Copyright 2026 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
Illinois License 478101578
Corporate Office 7700 W. Belmont Ave, Chicago, IL 60634
An Equal Opportunity Company. Equal Housing Opportunity.
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