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Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12306217
Year Built 1929
Annual Tax Amount $20,190
Tax Year 2023
Lot Dimensions 50 X 75
Property Sub-Type Multi Family 5+
Property Description
Unique Turnkey Investment Opportunity in Historic Bronzeville/Washington Park! 6 Newly Rehabbed Luxury Condos in a 15-Unit Building. Seize this rare opportunity to acquire a fully renovated, income-generating portfolio of six 2-bedroom, 2.5-bath condos, each with individual PINs. These modern residences feature open floor plans, high-end finishes, and stainless steel appliances, making them highly desirable for tenants and future buyers alike. Prime Investment Location - Just off Historic King Drive, these condos are strategically positioned near Hyde Park, Kenwood, the University of Chicago, the Lakefront, Rush Medical Center, and the Loop, ensuring strong rental demand. 5 Units Already Rented - Immediate cash flow with stabilized tenancy. Strong return potential in a rapidly appreciating market. Individually Pinned Units - Flexibility to hold or sell individually. High Tenant Demand - Modern renovations and prime location ensure continued occupancy. This value-add asset is perfectly suited for investors looking to expand their portfolio in one of Chicago's most sought-after neighborhoods. Act now to capitalize on this high-performing opportunity!
Location
State IL
County Cook
Area Chi - Grand Boulevard
Zoning OTHER
Interior
Cooling Central Air
Fireplaces Number 6
Fireplace Y
Exterior
Utilities Available Water-Municipal
Roof Type Rubber
Building
Dwelling Type Multi Family 5+
Level or Stories 3
Structure Type Brick,Stone
Others
HOA Fee Include Water,Insurance,Lawn Care,Scavenger,Snow Removal,Other
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Melinda Jordan • Jameson Sotheby's Intl Realty
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Sarah Leonard
Broker | Owner