6331 South Elizabeth, Chicago IL 60636
- Units 4
- Total Beds 10
- Total Baths 4
- Taxes $1,899
- Payment Estimate View Mortgage Calculator
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Property Description
Turn-key 4-unit with major capital improvements, immediate rental income, and room to grow in one of Chicago's steadily appreciating neighborhoods. Three units were remodeled in 2024 and are currently leased, providing immediate rental income. The fourth unit was fully upgraded in 2026 with higher-end finishes, setting a strong rental standard for the property and future income growth. Major capital improvements include new electrical, plumbing, HVAC (2024) and a new roof (2024)-reducing near-term maintenance costs. A brand-new on-site laundry room with washer and dryer(2025) adds tenant convenience and additional income potential. There may also be potential to add a garden unit or a duplexed unit, creating another opportunity to increase unit count and/or more cash flow. The property is fully fenced and the owner currently maintains the adjacent vacant lot, which may offer future possibilities for expansion or development (buyer to verify). Adding to its character, the building was featured in a Spike Lee film, giving the property a unique piece of Chicago film history. Conveniently located ~15 minutes from downtown, ~10 minutes from Sox Stadium, and ~5 minutes from I-90/94.
Features & Information
Key Details
- List Price $699,990
- Property Taxes $1,899
- Price/ Sq. Ft. Unavailable
- Year Built 1910
- Parking Type None
- Status New
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
- Foundation Concrete
- Heating & Cooling Hot Water/Steam
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Units
- Unit 1 Stove, Refrigerator
- Unit 2 Stove, Refrigerator
- Unit 3 Stove, Refrigerator
- Unit 4 Stove, Refrigerator
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property 63rd Street To 1240 West(elizabeth), South To 6331 Build
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Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 1899
- Tax Year 2023
- Tax Exemptions None
- Parcel Identification Number 20201070090000
Utilities
- Sewer Sewer-Publ
Listed by: Epique Realty Inc | Phone: 888.893.3537
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 4/15/2026 8:32 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 Englewood
West Englewood is a neighborhood on the move and in a state of transition. Transportation has always played a key role in the history of this southwest side Chicago neighborhood, and today is no different. The community's proximity to Midway International Airport and the Dan Ryan Expressway help to maintain its vitality and accessibility. Single-family houses and public parks are plentiful in West Englewood, and the business district along Western Avenue is expanding, enticing even more homebuyers to consider the available real estate in this affordable part of Chicago. Commuter friendly and full of housing options for budget-conscious buyers, West Englewood suits the needs of growing families who desire a home to call their own.
Mortgage Calculator
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