223-233 N kolmar Avenue
Chicago, IL, 60624
$825,000
14 Beds
7 Baths
0 SqFt
0 Acres
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$825,000
223-233 N kolmar Avenue
Chicago, IL, 60624
MLS #MRD12495709 image #0MLS #MRD12495709 image #1MLS #MRD12495709 image #2MLS #MRD12495709 image #3MLS #MRD12495709 image #4MLS #MRD12495709 image #5MLS #MRD12495709 image #6MLS #MRD12495709 image #7MLS #MRD12495709 image #8
Discover an exceptional investment opportunity with this fully occupied 7-unit brick building that delivers immediate income potential. This well-maintained property features individual in unit furnaces and NEW separate water heaters, ensuring tenant comfort while minimizing owner expenses. The building showcases thoughtful updates throughout, including modernized kitchens and bathrooms, as well as NEW copper plumbing that stands the test of time. Recent improvements include professional roof maintenance with silver coating and newer back porch that enhance both energy efficiency and curb appeal. The property features spacious two-bedroom, one-bathroom units with generous living areas and large bedrooms that tenants love. The solid brick construction provides durability and timeless appeal while maintaining excellent occupancy rates. This turnkey investment requires no immediate property improvements, making it perfect for investors seeking steady cash flow from day one. The building’s proven track record of high occupancy rates and premium rents speaks to its desirable location and quality management potential.

Property Details

Price:
$825,000
MLS #:
MRD12495709
Status:
Active
Beds:
14
Baths:
7
Type:
Commercial
Neighborhood:
chiwestgarfieldpark
Listed Date:
Oct 14, 2025
Year Built:
1927
Chi – West Garfield ParkChiwestgarfieldpark

Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$84,456
Tax Year
2023
Taxes
$8,468
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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 25, 2025
1,123
Commercial Listed
163
Avg DOM
156
Avg $ / SqFt
$1,040,172
Avg List Price

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Property Summary

    223-233 N kolmar Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60624. It is listed for $825,000 To schedule a showing of MLS#mrd12495709 at 223-233 N kolmar Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
223-233 N kolmar Avenue
Chicago, IL