TURNKEY MULTIFAMILY OPPORTUNITY IN CHATHAM - INVESTORS & OWNER-OCCUPANTS Exceptional brick 4-unit property offering strong current rental income with excellent income-producing potential and modern updates throughout. The property features two spacious 4-bedroom apartments-one 4BR/2BA and one 4BR/1BA-plus two additional 1-bedroom apartments. Each unit features updated kitchens and baths, modern plank flooring, stainless-steel appliances, and abundant natural light. A fully finished basement provides additional valuable living space with 2 bedrooms, 1 bath, kitchen, and living area. Exterior features include a new privacy fence, backyard patio, and 2-car brick garage with remote access. Additional amenities include on-site laundry and a maintenance/storage area. Strong existing rental income with potential for continued rent growth and long-term appreciation. Excellent opportunity for investors seeking a well-maintained multifamily asset or owner-occupants looking to build their rental portfolio. Conveniently located in Chatham near the lakefront, transportation, shopping, dining, neighborhood amenities, and the Obama Presidential Center. SOLD AS IS.
— the listing agent’s description
The home
10 beds
5 baths
Built in 1925
0.11-acre lot
2-car garage
Two to Four Units
What it’ll cost
$6,067 taxes / yr
No HOA
Listed $445,300
Now $439,900
72 days on dwello
Estimated monthly payment
$2,973/mo
Principal & interest$2,339
Property taxes$506
Homeowners insurance$128
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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.