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$ 1,000,000
Est. payment | /mo
3,511 SqFt
$ 1,000,000
Est. payment | /mo
3,511 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 3,511 sqft
Price per Sqft $284
MLS Listing ID 12543908
Year Built 1891
Annual Tax Amount $24,815
Tax Year 2024
Lot Size 2,613 Sqft
Lot Dimensions 23.25 X 124.56
Property Sub-Type Multi Family 5+
Property Description
Welcome home to a legal, 5-unit building and situated on a purely residential, tree-lined street in an incredible area! You are literally next door to Prescott Elementary, which received an "Exemplary" designation from the Illinois State Board of Education, and you are just a few minutes away from all of Lincoln Park's action! This building has several strategies: a) you can rehab all of the units and live in one of them, b) you can rehab all of the units and then rent them or c) you can tear down the existing structures and build another beautiful building and collect top, top dollar in rents. Furthermore, there are three apartments in the front building and there are two apartments in the rear building. The three front facing units consist of 2-bedroom, 1-bathroom units with a functional floor plan. The two rear facing units are also 2-bedroom, 1-bathroom units. All tenants are on a month-to-month lease. The building and the area is a: gem. Easy to show. A 10! Note: This property is zoned RS-3 and it is classified as legal, non-conforming building with five legal units.
Location
State IL
County Cook
Area Chi - Lincoln Park
Rooms
Basement Unfinished
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Utilities Available Sewer Connected, Water Available
Roof Type Composition
Building
Dwelling Type Multi Family 5+
Structure Type Wood,Other,Aluminum Siding,Vinyl Siding,Steel Siding
Others
HOA Fee Include None

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Peter Drossos of Peter Drossos Real Estate

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