Here is your opportunity to purchase a fully updated Courtyard Brick Apartment Building with 4 large units and a 5th non-conforming garden unit. Located on the city's Northwest Side, this Portage Park multi unit investment generates income of $107,894 annually. Rare, L-Shaped All Brick Building on oversized (40ftx133ft). Built in 1921, and freshly updated in 2020, all units feature white shaker cabinets, quartz countertops, new appliances, new paint, refinished floors and subway tiled bathrooms. Ideal for any arm-chair investor, this well-maintained, fully stabilized building is professionally managed for passive income with minimal time or experience required. Centrally located and accessible transportation via Bus/Train and easy access to Kennedy Expressway, nearby Entertainment, Dining & Shopping include Six Corners district, The Patio Theatre and Chicago Park District Portage Park make this area desirable for long-term tenants. Additional revenue can be captured with common laundry room converted to commercial machines + 4 rear exterior parking spaces to lease. Common Area features gated front entry offers residents outdoor seating and grilling, oversized lower level storage units. Central Heat.
— the listing agent’s description
The home
13 beds
5 baths
Built in 1921
0.12-acre lot
Two to Four Units
What it’ll cost
$14,777 taxes / yr
No HOA
33 days on dwello
Estimated monthly payment
$7,120/mo
Principal & interest$5,583
Property taxes$1,231
Homeowners insurance$306
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.