1247 N Cleaver Street
Chicago, IL, 60642
$1,300,000
1 Beds
1 Baths
0 SqFt
0 Acres
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$1,300,000
1247 N Cleaver Street
Chicago, IL, 60642
MLS #MRD12482803 image #0
Rare opportunity to own a fully rented 6-unit building in the heart of Noble Square! Near 90/94 Kennedy Expressway, CTA Blue Line, and the vibrant Milwaukee/Division Street corridor. Pride of Ownership! This property is in great condition! Six units feature 1 bedroom + den, living room and eat-in kitchen. Rear units include enclosed porches for added space. Each unit has its own HVAC systems, and tenants pay their own utilities. Roof approximately 8 years old. Majority of tenants are month-to-month. Exterior features: Gated front and back of property, Large front patio and private backyard to enjoy the outdoors, concrete parking pad for 3 cars at the rear lot. Unfinished attic offers potential to duplex top units for additional value. This terrific building is located in one of Chicago’s most sought-after neighborhoods! Don’t wait: this property offers immediate cash flow with long-term growth potential. A perfect opportunity for investors seeking value-add multifamily in a prime, transit-friendly location. By appointment only.

Property Details

Price:
$1,300,000
MLS #:
MRD12482803
Status:
Active
Beds:
1
Baths:
1
Type:
Commercial
Neighborhood:
chiwesttown
Listed Date:
Oct 1, 2025
Total Sq Ft:
2,800
Year Built:
1900
Chi – West TownChiwesttown

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Roof
Composition

Financial

Maintenance Fee
$350
Net Operating Income
$64,228
Tax Year
2023
Taxes
$15,689
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Oct 08, 2025
1,126
Commercial Listed
161
Avg DOM
148
Avg $ / SqFt
$1,049,647
Avg List Price

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Property Summary

    1247 N Cleaver Street Chicago IL is a Commercial for sale in Chicago, IL, 60642. It is listed for $1,300,000 To schedule a showing of MLS#mrd12482803 at 1247 N Cleaver Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1247 N Cleaver Street
Chicago, IL