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Property Description

Six-unit multifamily property located in the Chatham neighborhood on Chicago's South Side. The property consists of three 1-bedroom/1-bath units and three 2-bedroom/1-bath units. Each unit features separate living and dining areas. The building includes a detached four-car garage located at the rear of the property. All units are currently occupied. Tenancy is month-to-month. Current rental rates are below prevailing market levels for comparable units in the immediate area. The property is situated within close proximity to neighborhood retail corridors, public transportation options, and major arterial roadways, providing convenient access to downtown Chicago and surrounding employment centers. Asset offers rental growth potential through interior updates and market repositioning.

Features & Information

Key Details

List Price $449,000
Property Taxes $5,064
Price/ Sq. Ft. Unavailable
Year Built 1928
Status New

Building Information

Age of Building Older
Exterior Construction Brick
Foundation Brick
Heating & Cooling Central Bldg Heat, Radiators

Location

County Cook
Directions to Property From Cottage Grove - North Or South To Cottage Grove To 82nd Street (one Way Going East) To Drexel Then To Address

Property Taxes
Tax 5064
Parcel Identification Number 20351220030000

Listed by: Ware Realty Group, LLC | Phone: 312.376.1448
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 3/3/2026 11:02 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 Chatham

A strong history of prestigious African American-owned businesses established a solid base for a prosperous and successful Chicago neighborhood that is still present in Chatham and spills over into beautiful residential blocks and a viable commercial and dining district. Single-family homes dominate the neighborhood with a handful of multi-unit buildings here and there. But, for the most part Chatham residents live in classic bungalows and frame houses with small green yards and shaded front sidewalks. Along the main thoroughfares dozens of restaurants, takeout places, and neighborhood bars line the street, welcoming familiar faces to enjoy a meal and relax after a long day. Scattered among the eateries are a good selection of clothing stores and unique boutiques, with a Target on hand for the best in one-stop shopping.

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