Request Private Showing

Property Description

An excellent opportunity to own a fully renovated 8-unit multifamily building in a thriving Chicago neighborhood. Each unit features 2 bedrooms, and all are currently leased, generating $111,000 annually in rental income. Over the years, the property has been thoughtfully updated with newer water heaters, furnaces, and A/C units. All units have been gut rehabbed, offering sleek kitchens, modern bathrooms, and updated flooring throughout. Tenants pay their own gas and electricity, keeping operating expenses low. All appliances are included, and the building has been consistently well-maintained with minimal ongoing maintenance needs. Ideally located across from Piotrowski Park, residents enjoy convenient access to green space, daily exercise, and family-friendly activities. The surrounding neighborhood is vibrant and walkable, with local dining, shops, and public transportation nearby. This is a turnkey investment; just purchase and start collecting rent.

Features & Information

Key Details

List Price $1,400,000
Property Taxes $16,334.23
Price/ Sq. Ft. Unavailable
Year Built 1925
Status New

Building Information

Age of Building New Rehab
Exterior Construction Brick
Heating & Cooling Forced Air, Gas

Location

County Cook
Directions to Property Take The I55 To Pulaski Rd., Head North To 31st St., Then West To Keeler Ave. Home Is Directly Across From Park On Corner.

Property Taxes
Tax 16334.23
Parcel Identification Number 16274270430000

Listed by Juan Narvaez for RE/MAX Premier | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/9/2025 1:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

Explore Little Village

Little Village, or South Lawndale as it was formerly known, is an area ripe with culture. Today it is a predominantly Mexican-American neighborhood, but in years past it has been host to ethnic groups such as Italians, Czechs, Irish, Croatians and Slovenians. These days, Little Village is fast becoming a popular neighborhood for young families looking for quality housing at affordable prices. New condominiums and vintage flats are a big draw for first-time homebuyers, while detached homes and brick bungalows catch the eye of families and folks who like a little more space. The neighborhood's strong Hispanic heritage is apparent in the multitude of excellent Mexican restaurants, Spanish-named stores and specialty grocery items you can get here. And there is no doubt Little Village residents take pride in their roots when the Mexican Independence Day Parade comes through each year, serenaded by mariachi bands and a sea of spectators dressed in Mexico's colors – red, white and green.

Mortgage Calculator

List Price${ formatCurrency(listPrice) }
Taxes${ formatCurrency(propertyTaxes) }
Assessments${ formatCurrency(assessments) }

List Price
Taxes
Assessments

Estimated Monthly Payment

${ formatCurrency(monthlyTotal) } / month

Principal & Interest${ formatCurrency(monthlyPrincipal) }
Taxes${ formatCurrency(monthlyTaxes) }
Assessments${ formatCurrency(monthlyAssessments) }

All calculations are estimates for informational purposes only. Actual amounts may vary.