$499,500
735 E 88TH Street
Chicago, IL, 60619
We are pleased to present for sale 735 E 88th, a six-unit multi-family investment property in the Chatham neighborhood of Chicago. The property is composed of six four-room 1-Bed/1-Bath apartments and a three-car garage that features updated electric, updated rear porch, central boiler heat (~8 years old), common hot water, newer windows, hardwood floors throughout, multiple units with updated kitchen and baths, and is located in a low-density pocket of south Chatham. 735 E 88th provides an excellent opportunity for an investor to re-lease the property to local subsidies that are currently offering 1300 to 1400 for one-bedroom residences with heat and hot water included. Upon stabilization, 735 E 88th has the potential to realize a 10-12 annual capitalization rate.
Property Details
Price:
$499,500
MLS #:
MRD12486593
Status:
Active
Beds:
1
Baths:
1
Type:
Commercial
Neighborhood:
chichatham
Listed Date:
Oct 16, 2025
Total Sq Ft:
4,236
Year Built:
1897
Schools
Interior
Exterior
Construction Materials
Brick
Financial
Maintenance Fee
$3,600
Tax Year
2023
Taxes
$2,743
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 Nov 07, 2025
1,094
Commercial Listed
169
Avg DOM
147
Avg $ / SqFt
$1,053,717
Avg List Price
Community
- Address735 E 88TH Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60619
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Property Summary
- 735 E 88TH Street Chicago IL is a Commercial for sale in Chicago, IL, 60619. It is listed for $499,500 To schedule a showing of MLS#mrd12486593 at 735 E 88TH Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
735 E 88TH Street
Chicago, IL
