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About the Listing 86303 - 185629,890728
Fantastic investment opportunity in beautiful and serene Phoenix, IL! This solid 4-unit apartment building is fully rented with long-term month-to-month tenants, and current rents offer plenty of room for substantial increases. Each apartment features two bedrooms and one bathroom, with one of the units recently remodeled and upgrades throughout. Major improvements have already been made: the roof is only 1.5 years old, the rear porch is less than five years old, and the front porch was just replaced in 2025 with a $30,000 investment. All units have separate heating systems and hot water tanks, giving tenants full independence. Outside, there's plenty of street parking plus two unassigned spots in the rear, and the property includes an additional lot next door, offering potential for expansion. Whether you're looking for a potential cash cow or a great setup for related living, this is an incredible opportunity in a welcoming community.
Listing Highlights for 615 Frances St
Status
Pending
Days on Site
12
Property Type
Multi-Family
MLS ®
12463986
Year Built
Total Square Footage
0
Lot/Acreage
0.07
County
Cook
Area
Phoenix
School District
151
Elementary School
Madison School
Middle School
Coolidge Middle School
High School
Thornton Township High School
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Steam
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 23X122
- Zoning: MULTI
- Roof: Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Unassigned,Off Alley,Off Street,On Site,Owned
Financial Details
- Tax Amount: $14,854
- Taxes w/Assessments: N/A
- Tax/Property ID: 29161140130000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
615 Frances St Phoenix, IL 60426
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