Chicago, IL, 60617
$839,900
2 Beds
6 Baths
0 SqFt
0.14 Acres
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$839,900
Chicago, IL, 60617
MLS #MRD12451274 image #0MLS #MRD12451274 image #1MLS #MRD12451274 image #2MLS #MRD12451274 image #3MLS #MRD12451274 image #4MLS #MRD12451274 image #5MLS #MRD12451274 image #6MLS #MRD12451274 image #7MLS #MRD12451274 image #8MLS #MRD12451274 image #9MLS #MRD12451274 image #10MLS #MRD12451274 image #11
Turnkey, updated 6-unit building located in one of Chicago’s rapidly appreciating South Side neighborhoods with the potential to generate close to $100,000 annually when fully leased. Each spacious 2 bed, 1 bath unit features updated kitchens and baths, stainless steel appliances, granite countertops, hardwood floors, and modern finishes that attract quality tenants. This is a true low-maintenance investment with tenants paying their own gas and electric, helping maximize cash flow and overall profitability. Additional income opportunities include the potential to add 2 ADU basement units (subject to city approval), which could generate approximately $26,400 annually, plus coin laundry income and a 4-car garage with the potential to bring in an additional $400/month. Located near major future developments including the Obama Presidential Center and the Illinois Quantum & Microelectronics Park, this property is positioned for strong long-term appreciation, cash flow, and future growth. A rare opportunity to own a high-upside multifamily asset in an emerging investment corridor.

Property Details

Price:
$839,900
MLS #:
MRD12451274
Status:
Active
Beds:
2
Baths:
6
Type:
Commercial
Neighborhood:
chisouthchicago
Listed Date:
May 13, 2026
Year Built:
1927
Chi – South ChicagoChisouthchicago

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick
Stories
2

Financial

Maintenance Fee
$1,500
Net Operating Income
$94,831
Tax Year
2024
Taxes
$6,389
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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 May 15, 2026
899
Commercial Listed
189
Avg DOM
$1,023,221
Avg List Price

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Property Summary

    Chicago IL is a Commercial for sale in Chicago, IL, 60617. It is listed for $839,900 To schedule a showing of MLS#mrd12451274 at in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Chicago, IL