1302 West 98th, Chicago IL 60643
$485,000

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Property Description

This well maintained four unit brick building on a quiet Washington Heights block offers a strong entry point for both seasoned investors and those purchasing their first multifamily property. The building includes three two bedroom units and one spacious one bedroom unit. One unit has been recently renovated, while the remaining apartments are occupied by long term tenants, providing immediate income with room to grow over time. Each unit features a practical layout with good natural light and comfortable living space. Significant updates have already been completed, reducing near term maintenance concerns. Improvements include a new roof, newer boiler, new gutter system, tuckpointed brick exterior, and a reinforced rear porch. These upgrades help the property run efficiently and make ownership more predictable, an important factor for newer investors. For an owner occupant, this property offers the ability to live in one unit while rental income helps offset monthly expenses. For investors, it represents a stabilized asset in an established South Side neighborhood with consistent housing demand. Washington Heights offers access to schools, public transportation, neighborhood retail, and the I 57 expressway. Well cared for four unit buildings like this remain limited in the Chicago market, making this a practical and durable long term investment.

Features & Information

Key Details

  • List Price $485,000
  • Property Taxes $2,210.10
  • Price/ Sq. Ft. Unavailable
  • Year Built 1924
  • Parking Type None
  • Status Active

Rooms

  • Total Rooms 18
  • Basement F

Exterior Features

  • Parking

  • Parking Details None
  • # of Cars:  0

Building Information

  • Number of Units 4
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling Radiators
  • Units

  • Unit 1 Stove, Refrigerator
  • Unit 2 Stove, Refrigerator
  • Unit 3 Stove, Refrigerator
  • Unit 4 Stove

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property North Or South On Loomis St To 98th Pl East To 1302-04
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 2210.1
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 25081140360000

Utilities

  • Sewer Sewer-Publ

Listed by: Keller Williams ONEChicago | Phone: 312.216.2422
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 12/25/2025 5:32 PM. 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 Longwood Manor

Small in acreage but big on character, Longwood Manor is home to some of the most historic houses on Chicago's south side. Like its neighboring communities of Brainerd and Washington Heights, Longwood Manor built an identity based on working-class traditions tied to the once-thriving railroad industry and an immigrant past that still defines much of the area's legacy to this day. Community parks and recreation facilities provide residents with ample room for exercise, play, sports and amusement. In addition to housing the usual tennis courts and baseball fields, the parks in Longwood Manor host free live music concerts and movie screenings. The rest of the neighborhood encompasses long blocks of classic Chicago bungalows and a few rib houses and seafood shacks for the best in southern-style cooking.

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