Turnkey cash-flowing 3-unit building with strong income and upside. Each unit features a large 4-bedroom layout, fully occupied with rents at $1,850, $1,850, and $1,700/month. All tenants are on month-to-month leases, allowing for immediate flexibility and value-add potential. Offered at $475,000, this asset delivers approximately an 8% cap rate with current operations. Monthly expenses reported at ~$2,200, making this a solid performer from day one. Ideal for both investors and owner-occupants-live in one unit while the remaining units generate income to significantly offset your mortgage. Strong unit mix, in-place cash flow, and the ability to increase rents or reposition over time. Property is positioned with a city-owned vacant lot on one side, providing added spacing and a more open feel compared to typical densely built properties. Property being sold AS-IS. Buyer to perform their own due diligence.
— the listing agent’s description
The home
12 beds
3 baths
Built in 1926
Lot 3150
Two to Four Units
What it’ll cost
$6,453 taxes / yr
No HOA
27 days on dwello
Estimated monthly payment
$3,203/mo
Principal & interest$2,526
Property taxes$538
Homeowners insurance$139
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On our team, vettedYour info is never soldWith you through closing
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In person, on your schedule — a dwello agent meets you there.
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.
Features
Natural GasBrickPublic SewerOff AlleyYes
Schools
Elementary — Herzl Elementary School
Middle — Herzl Elementary School
High — Manley Career Academy High Schoo
Assigned schools per the listing — always verify enrollment + boundaries with the district.