223-233 North Kolmar, Chicago IL 60624
Property Description
Discover an exceptional investment opportunity with this fully occupied 7-unit brick building that delivers immediate income potential. This well-maintained property features individual in unit furnaces and NEW separate water heaters, ensuring tenant comfort while minimizing owner expenses. The building showcases thoughtful updates throughout, including modernized kitchens and bathrooms, as well as NEW copper plumbing that stands the test of time. Recent improvements include professional roof maintenance with silver coating and newer back porch that enhance both energy efficiency and curb appeal. The property features spacious two-bedroom, one-bathroom units with generous living areas and large bedrooms that tenants love. The solid brick construction provides durability and timeless appeal while maintaining excellent occupancy rates. This turnkey investment requires no immediate property improvements, making it perfect for investors seeking steady cash flow from day one. The building's proven track record of high occupancy rates and premium rents speaks to its desirable location and quality management potential.
Features & Information
Key Details
- List Price $825,000
- Property Taxes $8,468
- Price/ Sq. Ft. Unavailable
- Year Built 1927
- Status Active
Building Information
- Age of Building New Rehab
- Exterior Construction Brick
- Foundation Concrete
- Heating & Cooling Forced Air
Location
- County Cook
- Directions to Property Take Cicero To Maypole East To Kolmar South To Address
-
Property Taxes
- Tax 8468
- Parcel Identification Number 16103210010000
Listed by: Berkshire Hathaway HomeServices American Heritage | Phone: 847.364.6030
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/21/2025 10:02 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 West Garfield Park
Since being settled by Scandinavian and Irish immigrants in the 1870s, West Garfield Park has become a working-class neighborhood on the rise. Its convenience to downtown has attracted the interest of business-owners and residential developers, but as of now, the up-and-coming West Garfield Park is still an affordable option for first-time homebuyers, young working singles and families alike. Gradual modernization of housing is slowly giving this classic neighborhood a contemporary face-lift, although the majority of properties here are of the vintage persuasion, rather than new design. West Garfield Park is also embellished with a healthy assemblage of retailers and restaurateurs, not to mention a large number of educational academies that include a specialized charter school and college level institution.
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.