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$ 1,250,000
Est. payment | /mo
$ 1,250,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12555104
Maintenance Fees $5,000
Year Built 1926
Annual Tax Amount $11,139
Tax Year 2024
Lot Dimensions 50x209
Property Sub-Type Multi Family 5+
Property Description
This extraordinary rental investment opportunity features six 2-bedroom, 1-bath units, two 1-bedroom, 1-bath units, and a SEPARATE, FREE STANDING 2-BEDROOM, 1.1 BATH SINGLE FAMILY HOME with full basement and two-car garage on the same property PIN number. This classic red brick building is located in the desirable Montclare neighborhood, just blocks from Metra, shopping, restaurants, and nightlife. The buildings have been well maintained and operated as a family business for many years, and are fully occupied. Rents have not been increased in years and are below market, offering improved CAP and GRM potential. Five apartments are on a month-to-month basis. This investment property is being discreetly marketed with respect for tenant privacy a very high priority. Showing appointments will be scheduled with advance notice only and limited to advance verification of funds or pre-approved financing. See the actual rent roll below. 2br -1.1ba house w/ basment & two car garage $1300.00 2br 1ba apartment. $925.00 2br 1ba apartment $850.00(Discount for cleaning the bldg.) 2br 1ba apartment $950.00 2br 1ba apartment $925.00 2br 1ba apartment $900.00 2br 1ba apartment $900.00 1br 1 ba apartment $750.00 1br 1ba apartment $700.00
Location
State IL
County Cook
Area Chi - Montclare
Zoning MULTI
Rooms
Basement Unfinished
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Structure Type Brick

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Joseph Woodbury of Baird & Warner
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