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$ 765,000
Est. payment | /mo
8 Beds
$ 765,000
Est. payment | /mo
8 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12350139
Bedrooms 8
Year Built 1892
Annual Tax Amount $9,908
Tax Year 2023
Lot Dimensions 3000
Property Sub-Type Two to Four Units
Property Description
Introducing a rare and exceptional investment opportunity in one of the nicest areas of Logan Square! This fully-occupied, cash-flowing legal 3-unit property with 2-car garage is a proven income generator with a solid cap rate over 6%, making it an ideal addition to any investor's portfolio. The property is comprised of two 3 bedroom, 1 bathroom + den units (currently set up as 4 bedrooms), as well as one 2 bedroom, 1 bathroom garden unit. All three units feature hardwood floors, recessed lighting, gas forced heating, and updated kitchens with stainless steel appliances, white cabinets and granite counters. Units 1 & 2 have private rear decks, and there is also a large backyard and on-site laundry. Newer front deck, electric & plumbing. Adding to the property's appeal is the 2-car garage, providing ample parking and storage space for tenants, as well as the opportunity for additional income. Perfectly situated in prime East Logan Square only a couple blocks from Bucktown, this stunning property is surrounded by a vibrant mix of popular cafes, trendy boutiques, and tons of great dining, shopping & nightlife. Just moments from both the CTA Blue Line and the 606 Trail, this location offers convenience and accessibility to the entire city, while being immersed in the neighborhood's thriving culture. With a strong rental history and consistent demand, this property will provide a steady cash flow for years to come. Don't miss your chance to capitalize on this incredible opportunity in one of Chicago's most sought-after neighborhoods!
Location
State IL
County Cook
Rooms
Basement Finished, Exterior Entry, Egress Window, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Chase Elementary School
Middle Schools Chase Elementary School
High Schools Big Picture High School-Back Of
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Reve' Kendall • Redfin Corporation
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Volodymyr Poshpur
Broker | License ID: 475.207267