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About the Listing 88391 - 1012689
High-performing four-unit asset in a rapidly appreciating neighborhood, offering potential for immediate cash flow with clear upside. Three remodeled (2025), well-maintained units are leased, creating a stable income base, while the luxury-upgraded (2026) fourth unit establishes a higher rent ceiling and supports long-term growth across the property. Recent capital improvements minimize near-term expenses, and a brand-new on-site laundry room equipped with washer and dryer adds convenience and additional income potential. The potential to add a garden unit (buyer to verify) provides an additional value-add strategy to increase unit count and NOI. A standout investment for buyers seeking stability today with multiple paths to long-term growth. The property is fully fenced, with an adjacent vacant lot currently maintained by the owner, offering potential for future acquisition or additional development (buyer to verify). Conveniently located approximately 15 minutes from downtown, 10 minutes from Sox Stadium, and 5 minutes from I-90/94. All new Electric, Plumbing, HVAC (2025) Roof (2024)
Listing Highlights
Status
Active
Days on Site
8
Property Type
Multi-Family
MLS ®
12569892
Year Built
1910
Total Square Footage
0
Lot/Acreage
30 X 125
Interior Details
- Bedrooms: 10
- Bathrooms: 4 Full
- Appliances: CO Detectors,Ceiling Fan(s),Water Heater-Gas
- Air Cond:
- Heating: Steam
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 30 X 125
- Zoning: MULTI
- Roof: Tar/Gravel
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $3,817
- Taxes w/Assessments: N/A
- Tax/Property ID: 20201070090000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
6331 S Elizabeth St Chicago, IL 60636
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