REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Laura Lindgren

llindgren@chicagorea.com +1(773) 844-7340

$ 499,000

Est. payment | -/mo

7 Beds

4 Baths

Save

$ 499,000

Est. payment | -/mo

Save

7 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12780819

Bedrooms 7

Year Built 1927

Annual Tax Amount $4,582

Tax Year 2025

Lot Dimensions 25x125

Property Sub-Type Two to Four Units

Property Description

Excellent investment opportunity in the heart of West Humboldt Park! This Mixed-use C1-1 zoned property offers a versatile configuration with 3 UNITS. The first floor offers 2 bedrooms, 1 bath, with a connecting 380 sqft storefront, the second floor offers 3 bedrooms, 1 bathroom, and the FINISHED garden apartment with 2 bedrooms, 1.5 bathrooms. An oversized 2 car garage with 13-ft ceilings, equipped with gas, water, and its own electrical panel, offering exceptional flexibility for storage, business use, workshop space, or other possibilities. Each apartment features SEPARATE UTILITIES, providing added convenience for owners and investors. The building is equipped with central heat, and the ability to add central AC. The C1-1 zoning opens the door to a variety of residential and commercial uses, located close to public transportation, and local businesses. The neighborhood is also seeing new investment and redevelopment, including The Ave, a mixed-use project bringing new housing, commercial space, and amenities to the area. Recent improvements include Tuckpointing, New sewer stack, NEW garage door (2024), NEW gates, NEW front door, and NEW security camera system. With the improvements already in place and continued development happening nearby, this property offers a great combination of convenience, income potential, and future upside for an investor looking to get into or expand in the multi-unit market. With a flexible setup, and a $50,000+ rental income potential and room for long-term growth!

Location

State IL

County Cook

Area Chi - Humboldt Park

Zoning OTHER

Rooms

Basement Finished, Full

Interior

Heating Gas

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Aluminum Siding,Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Aluminum Siding,Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Ingrid Hernandez of Keller Williams Premiere Properties

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 844-7340

llindgren@chicagorea.com

1941 N Elston Ave, Chicago, IL 60642, USA

4229 W Division ST Chicago, IL 60651