About this home

Fully rented and well maintained, this LEGAL 3-unit multi-family property is a solid turnkey investment opportunity. The building was updated in 2018 with improvements to electrical, plumbing, flooring, bathrooms, and kitchens, giving each unit a refreshed and modern feel. Recent updates include windows, floors, appliances, plumbing, and landscaping. All three units are currently leased, providing immediate and consistent rental income. Ideal for investors looking to add a stabilized asset to their portfolio with minimal upfront work. Located just steps from Fullerton Avenue next to shopping, dining, and everyday conveniences. Easy access to public transportation and major roadways makes it especially attractive to tenants.

Property details

Price: $624,000
Bedrooms: 8
Bathrooms: 4
Year built: 1908
Type: Multi-Family
Days on market: 3
Est. property tax: $12,979/yr · $1,082/mo · 2.08% IL avg
Last sold: $267,500 · May 2003

Estimated monthly payment

Down payment20% ($124,800)

Interest rate6.75%

Principal & Interest$3,238

Property Tax$572

Insurance$150

Total$3,960/mo

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Price history

$43K · Jun 78$624K · Apr 26

Apr 23, 2026$624,000Initial list price
May 13, 2003$267,500Sold
Oct 18, 1999$147,500Sold
Jun 27, 1978$43,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60639)

Median age is 35.5; 10% hold a bachelor's degree; 48% of homes are owner-occupied; median household income is $54,969.

Median income: $54,969
Median age: 35.5
Owner-occupied: 47.5%
Bachelor's degree: 10.3%
Census median home value: $279,400

Source: US Census Bureau American Community Survey 5-year estimates.

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