Property Type:
Multi-Family
Lot Size (sq. ft.):
10,019
Status:
Closed
Current Price:
$1,125,000
List Date:
8/07/2025
Last Modified:
3/09/2026
Overview
Description
Exceptional turnkey investment opportunity in a rapidly appreciating neighborhood adjacent to King Lincoln Bronzeville. This fully rebuilt 8-unit multifamily building was completely renovated in 2020 with high-end finishes and modern systems—effectively delivering Class A quality. Updates include all new plumbing, electrical, HVAC, rubber roof, windows, doors, cabinets, appliances, parking lot, fencing, and more.
Each unit features 2 bedrooms, 1 bathroom, and in-unit laundry hookups. The property offers 8 off-street parking spaces and easy access to bus lines, major hospitals, highways, and the downtown core. Fully leased, generating $11,600/month and $139,200/year in gross rental income. Strong cash flow and easy-to-rent units in a location with continued growth potential.
Last Updated: March - 09 - 2026
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