732 West 54th, Chicago IL 60609
Property Description
Exceptional 5-unit investment in Chicago's New City/Back of the Yards community. Originally a 4-unit building of 2BD apartments, extensive work was completed in 2011 to secure city permits for a legal 5th unit - a spacious 3BD - bringing the total to five income-producing apartments. New boiler and hot water tank installed 2016. Comprehensive roof repair completed 2024 and remains under contractor warranty. Located near Sherman Park, ALDI, local dining, and everyday retail. Strong commuter appeal with Orange Line access on S. Western Blvd. and Red Line at 47th St. A stabilized 5-unit asset with major capital improvements done - turnkey addition to any portfolio. Offered at $335,000.
Features & Information
Key Details
- List Price $335,000
- Property Taxes $3,959
- Price/ Sq. Ft. Unavailable
- Year Built 1895
- Status New
Building Information
- Age of Building Older
- Exterior Construction Brick
- Heating & Cooling Central Bldg Heat, Radiators
Location
- County Cook
- Directions to Property Halsted North Or South To 54th Place, East To Address On The Left.
-
Property Taxes
- Tax 3959
- Parcel Identification Number 20093240280000
Listed by: Coldwell Banker Realty | Phone: 219.865.9911
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 6/28/2026 12:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Back of the Yards
The Back-of-the-Yards neighborhood is one of the original communities of the American Industrial Revolution. This was the site of radical social change that moved the country forward with progress in labor relations and how society views laborers. The slaughterhouses and harsh working conditions attracted both reformers and authors who acted as advocates for the everyman. Now the neighborhood is an intriguing place to explore, with a plethora of parks and a strong, diversified community that is expanding on its industrial base. Classic Chicago bungalows are joined by other single-family homes and some condominium conversions to give homeowners a wide range of real estate to choose from. Specialty grocery stores and an international selection of restaurants round out the backdrop of Chicago's Back-of-the-Yards neighborhood.
Mortgage Calculator
- List Price${ 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.