1526 W 89th Street
Chicago, IL, 60620
$525,000
4 Beds
3 Baths
0 SqFt
0 Acres
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$525,000
1526 W 89th Street
Chicago, IL, 60620
MLS #MRD12691638 image #0MLS #MRD12691638 image #1MLS #MRD12691638 image #2MLS #MRD12691638 image #3MLS #MRD12691638 image #4MLS #MRD12691638 image #5MLS #MRD12691638 image #6MLS #MRD12691638 image #7MLS #MRD12691638 image #8MLS #MRD12691638 image #9MLS #MRD12691638 image #10MLS #MRD12691638 image #11MLS #MRD12691638 image #12MLS #MRD12691638 image #13MLS #MRD12691638 image #14MLS #MRD12691638 image #15MLS #MRD12691638 image #16MLS #MRD12691638 image #17MLS #MRD12691638 image #18MLS #MRD12691638 image #19MLS #MRD12691638 image #20MLS #MRD12691638 image #21
Exceptional cash-flow opportunity in Chicago’s Auburn Gresham neighborhood! This solid five-unit brick building features an attractive unit mix of two spacious 2-bedroom apartments and three generously sized 1-bedroom apartments, providing a diversified rental income stream. Several units have been updated with recent renovations, offering immediate rental appeal while presenting additional value-add potential through future improvements and rent optimization. The property is heated by a newer, central boiler system, helping to simplify maintenance and operating expenses. Water heater and electric meters have also been updated. Conveniently located within walking distance of a Metra station, multiple bus lines and grocery stores, the building offers excellent commuter access, supporting strong tenant demand and occupancy. Rent roll and expenses are available upon request for qualified buyers. One unit is currently vacant. No representations are made regarding the legality of garden unit.

Property Details

Price:
$525,000
MLS #:
MRD12691638
Status:
Active
Beds:
4
Baths:
3
Type:
Commercial
Neighborhood:
chiauburngresham
Listed Date:
Jun 30, 2026
Total Sq Ft:
3,994
Year Built:
1929
Chi – Auburn GreshamChiauburngresham

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick
Stories
2

Financial

Maintenance Fee
$7,928
Net Operating Income
$51,057
Tax Year
2024
Taxes
$5,288
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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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Avg DOM
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Property Summary

    1526 W 89th Street Chicago IL is a Commercial for sale in Chicago, IL, 60620. It is listed for $525,000 To schedule a showing of MLS#mrd12691638 at 1526 W 89th Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
1526 W 89th Street
Chicago, IL