About this home

Turnkey investment opportunity that truly delivers-this multi-unit property is a proven cash-flow powerhouse with the potential to generate up to four separate rental incomes with ease. Whether you're a seasoned investor or looking to build a reliable income stream, this property checks every box for strong ROI and long-term wealth building. Each unit offers comfortable living spaces ideal for tenants, making it easy to maintain consistent occupancy and maximize returns. The flexible layout provides multiple income streams under one roof - live in one unit while the others cover your mortgage, or lease all units for maximum cash flow. It also presents a unique opportunity for a large or extended family setup, offering ample space and privacy while keeping loved ones close under one property. Perfectly positioned just minutes from Midway Airport, this property benefits from unbeatable convenience and accessibility. Tenants will love the proximity to major transportation options, making commuting a breeze. Surrounded by neighborhood parks, popular restaurants, and abundant shopping, the location adds even more value and appeal. Whether you're expanding your portfolio or planning for the future, this is more than just a property-it's a retirement fund that keeps on giving.

Property details

Price: $469,900
Bedrooms: 6
Bathrooms: 4
Year built: 1942
Type: Multi-Family
Days on market: 2
Est. property tax: $9,774/yr · $815/mo · 2.08% IL avg
Last sold: $287,000 · May 2003

Estimated monthly payment

Down payment20% ($93,980)

Interest rate6.75%

Principal & Interest$2,438

Property Tax$431

Insurance$150

Total$3,019/mo

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Price history

$35K · Apr 85$470K · Apr 26

Apr 24, 2026$469,900Initial list price
Jan 2, 2026$479,900Initial list price
Oct 24, 2025$479,900Price change
Sep 10, 2025$490,000Price change
Jun 16, 2025$500,000Initial list price
May 15, 2003$287,000Sold
Aug 21, 2000$163,000Sold
Apr 8, 1985$35,000Sold

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 60629)

Median age is 32.9; 10% hold a bachelor's degree; 59% of homes are owner-occupied; median household income is $53,318.

Median income: $53,318
Median age: 32.9
Owner-occupied: 59.1%
Bachelor's degree: 9.5%
Census median home value: $224,500

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

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$469,900

5834 S Keeler Ave, Chicago, IL