460 W 28th Place
Chicago, IL, 60616
$1,299,000
5 Beds
7 Baths
0 SqFt
0.07 Acres
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$1,299,000
460 W 28th Place
Chicago, IL, 60616
MLS #MRD12611934 image #0
This well-maintained brick 6-unit building presents a compelling investment opportunity featuring a desirable unit mix of two (2) 2-bedroom / 2-bath apartments, two (2) 2 Bedroom/1 -Bath Units and two (2) 1-bedroom / 1-bath units. The property offers apartment-quality updates throughout, including modern kitchens and baths, stainless steel appliances, and contemporary range hoods that appeal to today’s renters. Interiors are thoughtfully improved while maintaining operational efficiency, creating strong in-place tenancy and long-term rental stability. The building includes shared laundry facilities in the rear lower level, offering free on-site laundry as a valuable tenant amenity, along with bundled utilities including water, sewer, trash, and Wi-Fi to simplify management and enhance leasing appeal. A two-car garage provides additional income potential and convenience for residents. With its solid brick construction, updated interiors, and tenant-friendly amenities, this asset delivers a balanced combination of durability, modern finishes, and steady cash flow potential.

Property Details

Price:
$1,299,000
MLS #:
MRD12611934
Status:
Active
Beds:
5
Baths:
7
Type:
Commercial
Neighborhood:
chibridgeport
Listed Date:
Apr 7, 2026
Total Sq Ft:
3,960
Lot Size:
3,125 sqft / 0.07 acres (approx)
Year Built:
1899
Chi – BridgeportChibridgeport

Schools

Interior

Cooling
Central Air, Central Individual

Exterior

Construction Materials
Brick
Roof
Rubber
Stories
3

Financial

Net Operating Income
$90,468
Tax Year
2024
Taxes
$12,657
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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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935
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Avg DOM
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Avg List Price

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Property Summary

    460 W 28th Place Chicago IL is a Commercial for sale in Chicago, IL, 60616. It is listed for $1,299,000 To schedule a showing of MLS#mrd12611934 at 460 W 28th Place in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
460 W 28th Place
Chicago, IL