11446-48 S Forrestville Avenue #All, Chicago IL 60628
$599,900

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Property Description

Exceptional Four-Unit Investment Opportunity in Chicago's Historic Rarely Available Pullman Neighborhood! Discover this well-maintained, income-producing multifamily property offering strong cash flow, established tenants, and an attractive combination of updated interiors and major capital improvements. An excellent opportunity for investors seeking immediate rental income and long-term investment potential. The clean, updated units feature modernized kitchens, bathrooms, and flooring, along with significant property improvements, including newer siding and insulation, updated plumbing and electrical, separate furnaces and water heaters, and updated roofing. A private off-street parking lot accommodating up to eight vehicles adds exceptional convenience and tenant appeal. Benefiting from low property taxes and favorable operating expenses, this property offers an attractive income profile. Situated in Chicago's historic Pullman community, residents enjoy convenient access to Metra commuter rail, CTA transportation, major expressways, shopping, dining, and neighborhood amenities. The area's rich architectural history, ongoing community investment, and proximity to Pullman National Historical Park further enhance its appeal. Strong cash flow, established tenants, low operating expenses, and substantial property updates make this a standout investment opportunity. Secure an income-producing asset in historic Pullman with lasting value and long-term potential.

Features & Information

Key Details

  • List Price $599,900
  • Property Taxes $2,903
  • Assessments/HOA frequency Monthly
  • Assessments/HOA Fee Includes None
  • Square Feet 0
  • Year Built 1908
  • Listing Market Time 7
  • Status Active

Rooms

  • Total Rooms 8
  • Number of Bedrooms 8
  • Number of Bathrooms 4
  • Primary Bedroom

  • Room Size 10X10
  • Floor Level Main
  • Primary Bathroom None
  • Bedroom 2

  • Room Size 10X10
  • Floor Level Third
  • Bedroom 3

  • Room Size 10X10
  • Floor Level Third
  • Bedroom 4

  • Room Size 10X10
  • Floor Level Third
  • Bedroom 5

  • Room Size 10X10
  • Floor Level Main
  • Bedroom 6

  • Room Size 10X10
  • Floor Level Third
  • Bedroom 7

  • Room Size 10X10
  • Floor Level Third
  • Bedroom 8

  • Room Size 10X10
  • Floor Level Third

Interior Features

  • Appliances

  • Appliances Included Range, Refrigerator, Washer, Dryer
  • Heating & Cooling

  • Heating Type Forced Air
  • Air Conditioning None

Exterior Features

  • Parking

  • # of Cars 8

Building Information

  • Number of Units 4
  • Age of Building 100+ Years
  • Common Area Amenities Sidewalks

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property 115th To Cottage Grove, South To 114th Pl, West To Forrestville, North To Property.
  • Schools

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

  • Tax 2903
  • Tax Year 2025
  • Parcel Identification Number 25222250060000

Listed by Susan Mender for Listing Leaders MVPs | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/13/2026 4:32 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 Pullman

Pullman is an historic, planned community established by an enterprising railroad car tycoon. The neighborhood is no longer centered about the manufacturing business, but it continues to provide residents with comfortable homes and easy access to the rest of the Chicago city. Pullman upholds its unique roots by preserving the original buildings constructed as part of “Pullman Town.” Museum exhibits and walking tours of the streets and landmark structures are even offered, which give visitors a glimpse back in time. Fast forwarding to present day, Pullman provides all the perks of any modern Chicago neighborhood: good schools, affordable real estate, convenience shops, and a pinch of nightlife.  

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