This exceptional investment opportunity is ideally located just steps away from beautiful Douglas Park. Situated close to the vibrant Tri-Taylor and Illinois Medical District neighborhoods, this property is perfectly positioned in one of Chicago's rapidly developing areas, surrounded by ongoing growth and redevelopment. Surrounded by nearby public transportation options and quick access to the I-290 expressway, providing an easy connection to downtown Chicago and surrounding neighborhoods. The location also places you minutes from major hospitals, universities, and local dining and shopping destinations. The property has been fully gutted, presenting a rare blank canvas for investors, developers, or homeowners with a vision. With the interior already cleared out, it's ready for your custom design, renovation plans, or redevelopment ideas to bring new life to this promising space.
— the listing agent’s description
The home
9 beds
6 baths
Built in 1917
0.07-acre lot
Two to Four Units
What it’ll cost
$5,889 taxes / yr
No HOA
7 days on dwello
Estimated monthly payment
$2,594/mo
Principal & interest$1,994
Property taxes$491
Homeowners insurance$109
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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.
Features
Natural GasBrickPublic SewerUnassignedOff Alley
Schools nearby
Shepard School · 0.1 mi
Chalmers Elementary School · 0.1 mi
Manley High School · 0.3 mi
Saint Francis Cabrini Learning Center · 0.3 mi
Collins Academy High School · 0.4 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.