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$1,200,000
12696374 MLS ACTIVE Status
Exceptional Mixed-Use Investment Opportunity! This rare package includes two modern buildings being sold together, offering a total of 10 residential units and 4 commercial storefronts in a prime, income-producing location. 342-348 E. 71st, features four retail storefronts and four spacious 2-bedroom apartments, while 7051 S. Calumet Avenue is a three-story, six-unit apartment building, with all six units offering 2-bedroom layouts. Additional improvements include a partial roof replacement in 2024 on 342-348 E 71st, along with updated electrical and copper plumbing in 2020. The residential units are highly desirable 2-bedroom layouts, and the commercial component provides diversified income with additional upside potential. Whether you're expanding your portfolio or completing a 1031 exchange, this turnkey mixed-use investment offers strong cash flow, multiple revenue streams, and long-term appreciation potential.

342 E 71St Street, Chicago

$1,200,000
8 Beds 10 Baths 12580025 MLS ACTIVE Status
A mansion in Bronzeville, built in the 19th century for a leading grain dealer and later used as a Black-owned hospital, is on the market for the first time in three decades, who has carefully restored many of its ornate historical finishes.Take a look back into the 19th century with this architectural masterpiece. Located in Chicago's historic Bronzeville neighborhood, this original home, built in 1890, offers a rare combination of Gilded Age grandeur and significant investment potential. house, a massive brownstone structure, rich with stone details including columns, window pediments and an ornate parapet, is one of the visible old bones that enhance Bronzeville's appeal. When it was built in 1890, the neighborhood then known as Grand Boulevard was where meatpackers and other prominent people built fancy homes. Adolph J. Lichtstern and his wife, Marion, built this one in 1890. The Chicago Tribune referred to Adolph, or A.J., as "a Board of Trade man and capitalist," who invested in Chicago real estate alongside his position as one of the nation's biggest traders in wheat. The Lichtsterns had a summer house in Glencoe, which apparently became their full-time home in the late 1910s. amazing home will take you back to the 18th century with its amazing Grand Stairway and Chandeliers and stunning woodwork, Huge Pocket Doors, and historic design all kept in tack. With so many possibilities for you to restore and design this home into your own. The main home has 6 bedrooms/ 6 baths plus 11 fireplaces and is 3 levels with a Grand stairway and views of the city from the Grand Ballroom on the top floor. On the ground level are 2 separate living quarters one is a 3 bed 1 bath and the other a 2 bed and 1 bath currently rented in addition to that is the attached Guest House with a separate address of 3738 which is under the same pin number as the main home and has 2 bed/2 bath and is 2 stories high also currently rented out.Bringing the Home with a Total of 13 Bedrooms and 10 Bathrooms!!! The building was tuck pointed 2 years ago. There is a brick Detached 3 car garage with the driveway off the alley.

3736 S Michigan Avenue, Chicago

$1,200,000
12573303 MLS ACTIVE Status
Pleased to present 619 E. Groveland Park, a 7-unit multifamily investment located within the gated, landmarked Groveland Park community in Chicago's Bronzeville neighborhood. Offered at a list price of $1,200,000, the property provides an opportunity to acquire an apartment asset in one of Chicago's most architecturally significant and supply-constrained submarkets, with a light value-add plan supported by a $50,000 renovation budget. Originally constructed in the early 1900s and thoughtfully revitalized, the property encompasses approximately 5,697 square feet across a unit mix of (3) 2-bedroom + den / 1-bath units and (4) 1-bedroom / 1-bath units, plus a garden unit. Unit sizes generally range from approximately 525-950 SF (with the garden at ~650 SF), featuring efficient layouts and individual unit appeal that support operational stability and long-term tenant retention. In-place financial performance is strong and stabilized. The asset is currently generating $127,800 in gross annual rental income ($10,650/month). With a 4% vacancy assumption (-$5,152) and $1,008 in annual laundry income, effective gross income totals approximately $123,656. Operating expenses are efficiently managed at approximately $30,171 (a 24% expense ratio), resulting in a current NOI of $93,484. Value-add upside is clear and executable via a light renovation program. A $50,000 renovation budget (light interior enhancements and unit turns) supports mark-to-market rent growth from $10,650/month to $13,200/month (gross annual rent from $127,800 to $158,400). Under the pro forma scenario (still assuming 4% vacancy and $1,008 in laundry income), effective gross income increases to approximately $153,032, with total expenses of approximately $31,377 (a 21% expense ratio), producing a pro forma NOI of $121,655. On a total cost basis of $1,250,000 (purchase price + $50,000 renovation), this equates to an estimated 9.73% pro forma cap rate and a 7.89 GRM on total basis. At the offered price, the asset is positioned at approximately $211/SF and $171,429/unit, aligning well with boutique multifamily pricing in Bronzeville and the broader South Lakefront. A sample financing scenario utilizing 80% LTV ($960,000 loan), 6.00% interest, and 30-year amortization results in an estimated annual debt service of approximately $69,068 and a 1.35x DSCR under the pro forma. This structure generates projected net cash flow of $24,416 in-place (10.17% cash-on-cash on $240,000 equity) and $52,587 post-renovation (18.13% cash-on-cash on $290,000 total equity, inclusive of the $50,000 renovation budget). Beyond the numbers, 619 E. Groveland Park benefits from its irreplaceable setting within a gated historic park environment-offering residents a quiet, residential atmosphere rarely found this close to Downtown Chicago-while still providing convenient access to Lake Shore Drive, major employment centers, public transit, and continued investment activity throughout Bronzeville. This offering is ideally suited for investors seeking durable in-place income with measured value-add upside, minimal operational disruption, and strong long-term appreciation fundamentals. With a modest $50,000 light-renovation plan to capture rent premiums, 619 E. Groveland Park delivers stabilized cash flow today and a clear path to enhanced returns tomorrow-within one of Chicago's most iconic and supply-restricted residential enclaves.

619 E Groveland Park, Chicago

$1,199,999
9 Beds 6 Baths 12738856 MLS ACTIVE Status
Location, Livability, Design, and a little bit of Architectural Drama! The question is not only why is it different, rather, come and find out what exactly makes this opportunity unique? This Newly built 3 -story full masonry building is ready for delivery whether you are looking for a spacious home to live in, or for an effortless investment opportunity. 1 The site location is strategic--the property is located just 2 blocks from the elevated train line and not on top of it which makes it close enough, and yet far enough away( Access without the noise) 2. The Architectural design was thought out and improved on to ensure each bedroom, kitchen, living area and bathroom was maximized for functionality and the highest form of livability. 3. The site lines from the extra tall vaulted ceilings with massive front elevation windows, wide open spaces and natural light directed from all sides. 4. The finishes have been thoughtfully curated and intentionally designed to make for a timeless and exceptional living experience rather than conforming to what is trending. 5 Living space matters and so each unit offers a generous 1400 Sq ft floor plan. 6. The outdoor space is proprietary to each floor and spans wide and runs deep coming in at about 14 x 10 for each balcony. 7. There is a 3 car masonry garage to take the guess work out of where to park, and no car needs to settle for an outdoor space come winter! The garage was constructed with a higher load capacity truss system for your potential ideas to do so much more. The property lends itself to the owner/ user with an opportunity to capture $6,000 per month in income from the other two unit, or serves as an ideal investment for an arm chair investor with about $9000.00 per month in income potential. The property is brand new and so there is literally nothing to do but manage it. You can have it all, location, spacious living areas, outdoor space, full masonry structure, 3 car masonry garage and the peace and quiet you want and deserve!

4217 S Indiana Avenue, Chicago

$1,198,000
9 Beds 9 Baths 12706029 MLS ACTIVE Status
WOW! Great building; great value! Don't miss out on 3762 S. INDIANA - a STUNNING, NEWER CONSTRUCTION (2022) THREE UNIT building w/ 3 CAR GARAGE in the heart of Bronzeville, designed for both SAVVY INVESTORS and owner-occupants seeking strong income potential. Each of the three expansive units features 3 BEDROOMS & 3 FULL BATHROOMS, offering an ideal layout for modern living. Thoughtfully designed interiors provide spacious, functional floor plans that appeal to today's renters, while small private rear decks add desirable OUTDOOR SPACE to each unit. The property is FULLY LEASED with stable tenants in place, currently generating CASH FLOW FROM DAY ONE! Rents are slightly below market, presenting a clear opportunity for future upside and increased returns. Additional highlights include a 3 CAR GARAGE, a highly sought-after amenity that enhances both tenant convenience and long-term value. Whether you're looking to expand your portfolio with a TURNKEY ASSET or live in one unit while offsetting your mortgage with rental income from the others, This building checks all the boxes: STRONG UNIT MIX, MODERN CONSTRUCTION, LOW-MAINTENANCE OWNERSHIP, SOLID INCOME, AND FUTURE GROWTH POTENTIAL. These exquisite 3 bedroom, 3 full bath units epitomize the high standard of luxury and beauty offered at this exciting living destination. The very unique layout is truly rare in Chicago, 3 BATHS; 2 ENSUITE in each unit, perfect for an in-law arrangement or roommates. Enjoy the finest finishes, including Oknoplast windows and a gracious open-plan layout for entertaining that flows seamlessly, complemented by prized outdoor space, with rear balcony and MAINTENANCE FREE DECKING. An elegant living/dining room is enhanced by a customized kitchen that will inspire your inner chef. Bedrooms are sun-filled and generously-sized, highlighted by a divine master suite with a WALK-IN CLOSET AND A SPA BATH. Full size front loader washer and dryer, and 1 parking space per unit round out the upscale comforts. This is a great opportunity to purchase as an owner occupied, investment or 1031 exchange option. Near IIT, U of C and Illinois College of Optometry. Near train and bus services to the city's Financial District and the core of Downtown and wide range of convenient transport links close by include the Green Line train, Metra Train and CTA bus routes. DON'T MISS THIS EXCEPTIONAL INVESTMENT OPPORTUNITY IN ONE OF CHICAGO'S MOST RAPIDLY APPRECIATING NEIGHBORHOODS!

3762 S Indiana Avenue, Chicago

$1,149,000
9 Beds 6 Baths 12762068 MLS NEW Status
READY FOR OCCUPANCY Welcome to the Calumet Collection-a newly constructed three-flat showcasing refined finishes, thoughtful layouts, and exceptional investment potential, all just minutes from downtown Chicago and the lakefront. Situated on a 25 x 128 lot, each spacious residence offers three bedrooms and two full bathrooms, including a private primary suite with a beautifully appointed bathroom featuring an oversized shower, frameless glass, custom mirrors, and designer plumbing fixtures. Each unit includes a professionally designed kitchen with custom cabinetry, integrated appliances, quartz island, custom backsplash, and engineered flooring throughout. Professional closet organization provides additional function and convenience. Three exterior parking spaces are included. Developed by an experienced team with more than 25 years in the industry and backed by a one-year warranty. Ideal for an owner-occupant looking to live in one unit and rent the others out while owning an 7 figure appreciating asset at a low monthly, investor, or 1031 exchange buyer seeking a turnkey property with convenient access to downtown and the lakefront. Part of an exclusive four-building collection and available for immediate delivery. Projected monthly income: $8,950. Projected annual income: $107,400. Projected cap rate: 6.6. Photos are from the actual project.

4447 S Calumet Avenue, Chicago

$1,125,000
12760248 MLS NEW Status
4723-25 S. Vincennes Avenue is a six-unit plus one non- conforming multifamily investment opportunity located in the heart of Bronzeville, one of Chicago's most historic and rapidly evolving neighborhoods. Comprised of exceptionally large apartment layouts, the property features three 2-bedroom/1- bathroom units, three 3-bedroom + den/1-bathroom units, and one non-conforming garden unit consisting of a 2-bedroom/1-bathroom apartment. The asset presents a compelling value-add opportunity through interior renovations and strategic unit reconfiguration. Given the substantial unit sizes, investors have the ability to modernize the apartments while potentially adding additional bathrooms and creating more desirable 3-bedroom/2-bathroom layouts. Beyond the in-place rental upside, investors have multiple opportunities to further enhance value, including the potential to reconfigure the three oversized units, add additional bathrooms, and pursue a potential condominium conversion, subject to applicable zoning, approvals, and city requirements. The property also includes a non-conforming garden apartment that is currently leased and provides additional rental income. Combining below-market rents, substantial apartment layouts, and multiple value- add strategies, 4723-25 S. Vincennes Avenue presents an attractive opportunity to increase rental income and enhance the overall value of the asset in one of Chicago's established South Side neighborhoods.

4723 S Vincennes Avenue, Chicago

$1,100,000
6 Beds 6 Baths 12286726 MLS ACTIVE Status
Majestic Historic Georgian on Michigan Avenue Elegant Historic Estate with Income-Producing Coach House This magnificent historic Georgian residence offers the perfect blend of timeless architecture and modern comfort. Boasting approximately 5,000 square feet of luxurious living space, this stately home features six bedrooms, three full bathrooms, and two half baths. Main Residence Step inside to discover rich hardwood floors throughout the first and second levels, creating a warm, inviting atmosphere. The expansive living room flows seamlessly to a long terrace overlooking Michigan Avenue-ideal for al fresco dining and entertaining on summer evenings. The heart of this home is the large, open kitchen and dining area, beautifully designed for hosting gatherings of any size. The master bedroom retreat features a sumptuous en suite bathroom complete with an oversized shower and elegant double vanity. Modern Upgrades This historic gem has been meticulously maintained with numerous updates, including:Brand new roof, Boiler replacement (2015) Central air conditioning Updated kitchen with newer appliances Modernized bathrooms Unfinished basement offering additional potential for more living space or another unit. Wide driveway can fit up to five cars. Corner lot feels spacious. This home is truly special Income-Producing Coach House A rare opportunity awaits with the included coach house, currently configured as three one-bedroom apartments generating $3,600 in monthly rental income. These recently updated units feature their own laundry room, with a one-car garage available for the first-floor tenant. This exceptional property presents a unique chance to own a piece of history while enjoying modern amenities and supplemental income in one of the city's most desirable locations. Coach house is tenant occupied so please leave time for proper notice.

4560 S Michigan Avenue, Chicago

$1,099,000
9 Beds 6 Baths 12762032 MLS NEW Status
Magazine Caliber Simply Stunning, Massive Expansive footprint, with 3 car garage New Construction 3 flat all 3 bedroom 2 baths set on over sized 152 deep lot. Exceptional, Elegant, Intelligent Design, Professional Fully Appointed Kitchen Cabinetry, Integrated Appliances, Quartz Island Full Back splash, Fireplace with Custom Mill Work and indirect Lighting, Mud Rooms, Wide Plank Engineered Flooring, Accent Wall Cohesive Design offering relief from ordinary, sequestered primary suite, lifestyles primary bathroom offer Opulent over sized Shower w/ Frame less Glass, & Custom Mirrors and designer plumbing fixtures. Professional closet organizers throughout, 3 car Garage. Urban Intimacy w/ Hyper Convenience Experience excellence. Veteran developers of 25 + years, 1 year warranty included. Hyper Convenient, AAA Trophy Piece Perfect Turn key, Owner Occupied, Investor or 1031.This is exceptional property and location. IMMEDIATE Delivery. Pictures are from actual project. Projected Monthly $8950/ $105,000 Annual/7.5 CAP Move in ready

4841 S Prairie Avenue, Chicago

$999,950
9 Beds 6 Baths 12723096 MLS ACTIVE Status
Discover this fully stabilized, newer-construction three-flat in the heart of Bronzeville; an exceptional turnkey investment opportunity. Each spacious unit offers 3 bedrooms and 2 bathrooms with in-unit laundry, stainless steel appliances, quartz countertops, modern cabinetry, designer finishes, and a private primary suite with an en-suite bathroom. Rear balconies overlooking the backyard provide additional outdoor living space for tenants. Ideal for investors or a 1031 exchange, this income-producing property offers a current rent roll of $7,100 per month / $85,200 annually, providing strong rental income in one of Chicago's fastest-growing neighborhoods. Financials available upon request. Perfectly positioned in a high-demand location, the property is just minutes from the South Loop and Downtown Chicago, with convenient access to the CTA Green and Red Lines, Metra, Lake Shore Drive, and the Dan Ryan Expressway. Mariano's, neighborhood parks, schools, churches, and local dining are all within easy reach, making this an attractive location for tenants and an excellent long-term investment.

4053 S Prairie Avenue, Chicago

$999,000
3 Beds 4 Baths 12706221 MLS ACTIVE Status
Move-in ready new construction at The Kenwood Reserve, an exclusive collection of just three boutique luxury residences nestled on a quiet, tree-lined cul-de-sac in historic Kenwood. Thoughtfully designed as a full masonry build, each three-level residence delivers the scale and privacy of a single-family home with the ease of modern new construction, offering expansive living spaces, refined designer finishes, private outdoor living, and a 2-car garage. Sun-filled interiors are complemented by clean architectural lines and timeless finishes throughout. The beautifully appointed kitchen is designed for both everyday living and effortless entertaining, featuring custom dark wood Studio 41 cabinetry, an oversized quartz island, and a spacious pantry offering exceptional storage. Limited opportunity remains for buyer customization and select finish selections. The open-concept main living spaces flow seamlessly into a rare private outdoor retreat, ideal for entertaining, relaxing, and indoor-outdoor living rarely found in the neighborhood. With no monthly HOA assessment, The Kenwood Reserve delivers a rare combination of privacy, autonomy, and boutique luxury living. The lower level offers a warm and versatile secondary living space perfect for a media room, lounge, playroom, or fitness area, alongside a private fourth bedroom ideal for guests or a home office. A unique additional 230 SF unfinished space presents endless possibilities for customization, including a wine cellar, creative studio, wellness room, or additional storage. Dual HVAC systems with two furnaces and two central air-conditioning units for efficient, zoned comfort throughout.Located moments from Hyde Park, the University of Chicago, lakefront parks, dining, and cultural institutions, The Kenwood Reserve offers a rare opportunity to own full masonry new construction with private outdoor space, garage parking, and boutique luxury living in one of Chicago's most historic neighborhoods.

4721 S Ingleside Avenue, Chicago

$998,000
9 Beds 9 Baths 12694337 MLS PRICE CHANGE Status
Introducing one of Chicago's most exceptional new construction trophy investments-an architectural masterpiece that effortlessly blends sophisticated luxury, uncompromising craftsmanship, and extraordinary income-producing potential. Situated on an oversized lot in one of the city's fastest-appreciating neighborhoods, this spectacular three-unit building sets a new benchmark for modern multifamily living. Each expansive residence offers approximately 1,500 square feet of impeccably designed living space featuring three spacious bedrooms, three designer bathrooms, and an extraordinary floor plan that lives like a luxury single-family home. Every unit boasts two lavish primary suites with spa-inspired baths, creating an unparalleled level of comfort, flexibility, and privacy rarely found in today's market. Designed to impress from the moment you enter, the stunning open-concept interiors showcase exquisite finishes throughout, including custom designer cabinetry, premium quartz countertops, striking statement backsplashes, stainless steel appliances, expansive entertaining spaces, private balconies, abundant natural light, and convenient in-unit laundry hookups. Every finish has been thoughtfully curated to deliver a timeless blend of elegance, functionality, and modern sophistication. Built with exceptional attention to detail, this remarkable property features enhanced sound insulation between floors and exterior walls, providing superior privacy and an elevated living experience. A one-year builder warranty offers additional confidence and peace of mind. The outdoor living is equally impressive, featuring an expansive, fully fenced backyard designed for entertaining, gatherings, and everyday enjoyment, along with three dedicated exterior parking spaces. Perfectly positioned just moments from the CTA Green Line, only two blocks from Washington Park, and minutes from the transformative Obama Presidential Center, this extraordinary investment stands at the heart of one of Chicago's most exciting redevelopment corridors. Surrounded by billions of dollars in public and private investment-including the visionary 62-acre 78th Neighborhood development along the Chicago River-this location is poised for exceptional long-term appreciation and sustained demand. Whether you're a seasoned investor seeking a prestigious addition to your portfolio or an owner-occupant looking to offset your mortgage with substantial rental income, opportunities of this caliber are exceedingly rare. Every square foot reflects refined design, enduring quality, and exceptional craftsmanship. This is more than a multifamily property-it is a legacy investment, a trophy asset, and a statement of excellence that will captivate even the most discerning buyer.

5302 S Prairie Avenue, Chicago

$989,900
12 Beds 8 Baths 12277868 MLS PRICE CHANGE Status
Fantastic four-unit, 2007 construction, owner-occupant investment opportunity in appreciating east Washington Park! Unit 4 has been rehabbed to feature modern improvements to be comparable to other new construction (in the area. All four units are 3-bed / 2-bath and three units have in-unit laundry hook-ups. All units have hardwood and tile throughout, modern appliances, gas-forced-heat / central air, granite counter tops, in-unit hot water tanks, and individual utilities. The residences are larger than most of the new construction in the area, ranging in size between 1,200 and 1,400 SF and feature separate dining & living areas. The property has had extensive improvements in the last year to the interior and exterior (please request detailed building improvement list from broker). Other notable features: steel porches with individual outdoor spaces, sump pump and grinder pump, breaker panels in-unit, five exterior parking spaces with automatic gate, common coin laundry, new carpet and paint in common hallway, granite countertops and islands, separate living and dining areas, and updated lighting and bathroom fixtures. All kitchens have refrigerators, dishwashers, gas stoves, built-in microwaves, garbage disposals, and condo-quality cabinetry. The current leases are below market: Unit 1 - 2000, Unit 2 - 2,250, Unit 3 - 2350, and Unit 4 - 2750. This is a fantastic opportunity for an owner-occupant to occupy one unit and benefit from the income from the other three units. 5333 S Calumet and 5644 S Prairie also available for sale. PLEASE REQUEST FULL MARKETING AND BUILDING INFORMATION FROM BROKER.

5331 S Calumet Avenue, Chicago

$988,000
12672468 MLS ACTIVE Status
Prime 6-Unit Investment Property in the Heart of Armour Square, Near Chinatown. Exceptional opportunity to own a solid, six-unit building ideally located in Armour Square, just minutes from the vibrant Chinatown neighborhood. The front building comprises five units: a spacious first-floor space, two units on the second floor, and two additional units on the third floor. A separate, remodeled coach house at the rear of the property serves as the sixth unit. Two of the units, including the coach house, have been tastefully renovated. The remaining units are occupied by long-term tenants and may benefit from future updates, offering excellent value-add potential. Conveniently situated within walking distance of James Ward Elementary School, and close to Downtown Chicago, major highways, and public transportation. This is a good chance to invest in a high-demand area with strong rental appeal and long-term growth prospects. Don't miss this outstanding investment opportunity and contact us today to schedule a tour!

334 W 29Th Street, Chicago

$975,000
9 Beds 6 Baths 12716167 MLS ACTIVE Status
BRAND NEW CONSTRUCTION 3 Unit on an oversized lot. Each luxury simplex is an oversized 3 bedroom, 2 bathroom Condo Quality Unit; each features a beautiful 1,500 sq ft open floorplan, each kitchen with high-end stainless steel appliances, quartz counters, and in-unit laundry. Extra insulation for noise reduction between floors and from the outside. Unbeatable location walking distance to the CTA Green Line station and two blocks from Washington Park. Projected rent roll is $8,400. Developed by Woodlawn's premier New Construction builder, this home is ready for immediate occupancy and comes with a one-year builder warranty. This is an opportunity to own a trophy investment property in a rapidly appreciating neighborhood. Schedule a private showing today to experience the exceptional craftsmanship and modern design firsthand.

5637 S Prairie Avenue, Chicago

$959,900
9 Beds 6 Baths 12760624 MLS NEW Status
Gorgeous NEW Construction Oversized 3-unit in prime Washington Park Location, Set alongside another New Development by the same developer and with rent and sales comps already established. Modern design with the perfect blend of city living and convenience. Each unit has a spacious, open-concept layout and condo-quality features, such as 42" cabinets, stainless steel appliances, recessed lighting, in-unit laundry. Each unit is a large 1,500 sq ft, 3 bed/ 2 bath, with a luxury master bathroom at the rear and extra built-out storage closets. The units will rent easily and proforma rents are $8,400/month. The top unit features a vaulted ceiling and decorative railings for an added touch of luxury. Unit has cameras built in for security, plus the ButterflyRX system for entry, which is a cloud-based video intercom system that allows residents to manage building access, grant entry to visitors, and receive deliveries directly from their smartphones. This property offers unbeatable convenience, 2 minute walk to CTA line and easy access to Washington Park. Prime investment opportunity, positioned for cash flow, appreciation, and creating generational wealth in one of Chicago's most exciting neighborhoods. Can arrange property management for any out-of-state buyers.

5167 S Michigan Avenue, Chicago

$950,000
10 Beds 4 Baths 12751982 MLS ACTIVE Status
4-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY FEATURING 10 BEDROOMS AND 4 BATHROOMS WITH ESTABLISHED RENTAL INCOME. EXTENSIVE RENOVATIONS AND IMPROVEMENTS COMPLETED IN 2021-2022, INCLUDING NEW WINDOWS AND WINDOW LINTELS, UPDATED ELECTRICAL SERVICE WITH INDIVIDUAL CIRCUIT BREAKERS FOR EACH UNIT, ALL-COPPER PLUMBING, HIGH-EFFICIENCY HVAC, AND INDIVIDUAL 40-GALLON POWER-VENT WATER HEATERS. ADDITIONAL IMPROVEMENTS INCLUDE HARDWOOD FLOORING, UPDATED KITCHENS WITH GRANITE AND QUARTZ COUNTERTOPS, FENCING, REAR PORCH, CONCRETE WORK, AND AN UPDATED MAIN ENTRANCE. CLEAN BASEMENT WITH POTENTIAL FOR FUTURE USE, SUBJECT TO ZONING AND APPROVALS. WELL-MAINTAINED, SUBSTANTIALLY IMPROVED PROPERTY WITH MULTIPLE INCOME-PRODUCING UNITS AND LONG-TERM INVESTMENT POTENTIAL.

6950 S Indiana Avenue, Chicago

$950,000
12704484 MLS ACTIVE Status
Value Add Multi Family in Chicago's Auburn Gresham Neighborhood. 1513 W 87th St presents a solid investment featuring 11 total unit: 8 residential apartments and 3 commercial storefronts, offering immediate income with long-term upside. The residential component includes eight 1-bedroom, 1-bath units, with four units on the second floor and four on the third floor. All units feature similar layouts and are occupied by long-term tenants on month-to-month leases, currently renting at $750 per month, providing stable cash flow with flexibility for future rent growth. The three commercial storefronts, located on the first floor, offer excellent street visibility and can be utilized for retail or office use. These spaces are currently owner-occupied and will be delivered vacant at closing, allowing a new owner to set market rents or occupy the space. Additional features include a rear parking lot accessed from the alley, a garage/storage room, and an unfinished basement offering additional storage or potential value add opportunities. This property is ideal for investors seeking a mixed-use asset with existing income, commercial flexibility, and upside potential in a well-established South Side neighborhood. Package Opportunity: A separate commercial corner-lot storefront located directly across the street is also available and may be purchased as a package with this property.

1513 W 87Th Street, Chicago

$950,000
12704452 MLS ACTIVE Status
Value Add Mixed-Use Opportunity in Chicago's Auburn Gresham Neighborhood. 1513 W 87th St presents a solid mixed-use investment featuring 11 total unit: 8 residential apartments and 3 commercial storefronts, offering immediate income with long-term upside. The residential component includes eight 1-bedroom, 1-bath units, with four units on the second floor and four on the third floor. All units feature similar layouts and are occupied by long-term tenants on month-to-month leases, currently renting at $750 per month, providing stable cash flow with flexibility for future rent growth. The three commercial storefronts, located on the first floor, offer excellent street visibility and can be utilized for retail or office use. These spaces are currently owner-occupied and will be delivered vacant at closing, allowing a new owner to set market rents or occupy the space. Additional features include a rear parking lot accessed from the alley, a garage/storage room, and an unfinished basement offering additional storage or potential value add opportunities. This property is ideal for investors seeking a mixed-use asset with existing income, commercial flexibility, and upside potential in a well-established South Side neighborhood. Package Opportunity: A separate commercial corner-lot storefront located directly across the street is also available and may be purchased as a package with this property.

1513 W 87Th Street, Chicago

$949,000
5 Beds 4 Baths 12763829 MLS NEW Status
Experience a lifestyle upgrade. 559 E 50th is a masterclass in modern living - a sanctuary inside and out. Spaces flow seamlessly into one another, for quiet mornings and effortless full-scale gatherings. In the great room the 14-foot ceilings let the space soar. The kitchen anchors it all: professional-grade appliances, a sweeping stone island, and abundant storage keep the workspace as clutter-free as it is beautiful. Quiet, precise details throughout reveal the hand of a top-tier architect - this is luxury that whispers rather than shouts, and comfort reigns supreme. The open kitchen, living, and dining spaces form the heart of the home, perfect for morning coffee overlooking your private outdoor oasis. Upstairs, the primary suite is a true retreat, with a spa-like bath and a custom walk-in closet that makes getting ready a pleasure. Second-floor laundry and generous closets throughout keep everyday life effortlessly organized. The lower level flexes to fit your needs - a spacious family room, with a full bath, and executive-style office or fifth bedroom. Outside, an urban retreat awaits, with a beautifully planted, very private backyard getaway. The two-car plus garage comes wired with its own electric service, making Level 2 EV charging an easy add. The house was built by a commercial grade contractor, so it is very tight and energy efficient. All just minutes from Provident Hospital, Hyde Park, the Obama Center (just blocks from their home), the Lakefront and the best the South Side has to offer.

Chicago

$925,000
6 Beds 5 Baths 12605785 MLS ACTIVE Status
Looking for a Stunning 3-Flat Georgian Style Multi-Family Building or convert to your Single Family Home in the Hyde Park/Kenwood Community, where historical elegance is seamlessly integrated with contemporary living. This rare gem has been updated on the 1st level only to offer both classic charm and modern amenities perfect for short-term rentals generating great annual income. Bring your own touches for units 2. Step through the front portico (with 4 tall columns), and see how 3 units, (1,300 ft on each floor) exude cozy living space with historic charm flooded with natural light from brand new windows, featuring many vintage details including solid mahogany doors, molding throughout, as well as oak and antiqued pine flooring. The 1st floor duplex unit has 1700+sf living space with various new updates including stainless steel appliances, cortz countertops, refurbished original hardwood floors, new fixtures, freshly painted and a fully height semi-finished basement, and so much more. The 3rd floor features an updated kitchen with new cortz countertops, laminate flooring mixed with the original oak wood, and freshly painted. This property is zoned as RM5 w/two city lots (25 ft x 200 ft), offering the new owner an opportunity for growth, with a shared driveway connected to a gated luxury townhome community, a new construction project converted from the original building constructed by the architect, Solon Spencer Beman. Don't miss your chance to own a piece of history that caters to today's lifestyle needs, and steps from Chicago's Beautiful Lakefront and shuttle service to the University of Chicago. Please note, this building can be easily converted to a single family home if wanted.

4836 S Dorchester Avenue, Chicago



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Based on information submitted to the MLS Grid as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MLS Grid. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Some listings have been excluded from this website.