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Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013

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Status: New (For Sale)
Type: Multi Family
Year Built: 1910
Bedrooms: 10
Bathrooms: 4
MLS ID: 12617016


Overview
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Turn-key 4-unit with major capital improvements, immediate rental income, and room to grow in one of Chicago's steadily appreciating neighborhoods. Three units were remodeled in 2024 and are currently leased, providing immediate rental income. The fourth unit was fully upgraded in 2026 with higher-end finishes, setting a strong rental standard for the property and future income growth. Major capital improvements include new electrical, plumbing, HVAC (2024) and a new roof (2024)-reducing near-term maintenance costs. A brand-new on-site laundry room with washer and dryer(2025) adds tenant convenience and additional income potential. There may also be potential to add a garden unit or a duplexed unit, creating another opportunity to increase unit count and/or more cash flow. The property is fully fenced and the owner currently maintains the adjacent vacant lot, which may offer future possibilities for expansion or development (buyer to verify). Adding to its character, the building was featured in a Spike Lee film, giving the property a unique piece of Chicago film history. Conveniently located ~15 minutes from downtown, ~10 minutes from Sox Stadium, and ~5 minutes from I-90/94.

Courtesy Of: Epique Realty Inc


Feature Highlights


  • Built Before 1978

General Features


List Date:
04/12/2026

Interior Features


Bedrooms Possible:
10
Rooms Total:
18

Exterior Features and Amenities


Lot Size Dimensions:
30 X 125

Financial


Days On Market:
3
Tax Annual Amount:
$1,899.00
Tax Year:
2023

Other Features


Elementary School District:
299
High School District:
299
Middle Or Junior School District:
299
Age:
100+ Years


Directions


63RD Street to 1240 WEST(ELIZABETH), SOUTH TO 6331 BUILD

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: 2026-04-16
.

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
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