Don't miss this beautifully renovated all-brick 4-unit building in Chicago's desirable Chatham neighborhood. Extensively rehabbed over the past two years, this income-producing property offers the perfect combination of modern updates and long-term value. Each unit has been thoughtfully updated and features brand-new appliances, while major mechanical improvements include new furnaces and new water heaters, providing peace of mind for years to come. The roof is approximately 10 years old, further minimizing future maintenance expenses. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this property is truly move-in ready. Conveniently located near public transportation, shopping, schools, parks, and major expressways, this is an exceptional opportunity to own a low-maintenance multifamily asset in one of Chicago's established South Side neighborhoods. Schedule your private showing today and discover the potential this turnkey property has to offer! Similar units have rented in the area from $1050 to $1150 per month.
— the listing agent’s description
The home
4 beds
4 baths
Built in 1881
Lot 4522
Two to Four Units
What it’ll cost
$3,215 taxes / yr
No HOA
7 days on dwello
Estimated monthly payment
$2,231/mo
Principal & interest$1,861
Property taxes$268
Homeowners insurance$102
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.
Features
Natural GasForced AirBrickPublic Sewer
Schools nearby
Harvard Elementary School · 0.2 mi
Saint Carthage School · 0.4 mi
Westcott Elementary School · 0.5 mi
Oglesby Elementary School · 0.5 mi
Simeon Career Academy · 0.7 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.