Situated in the heart of Chatham, this exceptionally well-kept 3-flat is a true income-producing opportunity that's ready to go from day one. The property features three generous units, each approximately 1,200 square feet, showcasing soaring 9-foot ceilings, hardwood flooring, and thoughtfully designed layouts with separate living and dining areas. Spacious kitchens offer abundant cabinetry and pantry storage, while each unit includes three oversized bedrooms; the first-floor residence is further enhanced by an additional half bath. Recent improvements include a new hot water heater, and tenants are responsible for their own electric, adding to the property's efficiency. A full basement provides shared washer and dryer access along with individual storage spaces for tenants. Outside, enjoy a large backyard ideal for gatherings, plus a three-car garage for convenient parking. Ideally located near major interstates and commuter train access, this move-in-ready investment is one you won't want to miss.
— the listing agent’s description
The home
9 beds
4 baths
Built in 1927
0.10-acre lot
3-car garage
Two to Four Units
What it’ll cost
$5,767 taxes / yr
No HOA
18 days on dwello
Estimated monthly payment
$3,005/mo
Principal & interest$2,393
Property taxes$481
Homeowners insurance$131
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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.