Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12663598MLS Provider

Chicago, IL 60641

Multi-Family · 7 Beds
$775,000 Active

Overview

Time on Site:
13 days
Visits:
0

Portage Park and Six Corners turnkey brick 2 flat with additional finished garden unit and detached 2.5 car garage with storage. The building has been impeccably cared for creating a low maintenance investment for the next owner. Large fenced lot and landscaped backyard and additional side yard with paver patio. Fully leased with excellent tenants and 6.1 cap rate (could easily be 7). Unit 1 is a bright garden 2 bedroom/1 bath, Unit 2 is a high first floor with 2 beds/1 bath (and opportunity to add 3rd bed), and Unit 3 is a top floor 3 bed/1 bath. So many updates! Key building features including a brand new roof in June 2026 on building and garage, two new hot water heaters, one new boiler (and another perfectly maintained). Updated street facing windows past few years and newer windows throughout (past 10). Updated bathrooms and kitchens along with much of the electrical and plumbing throughout. All units have new stainless refrigerators and include dishwashers. Hardwood floors (laminate kitchens) in upper two units and wood laminate floors in garden unit. Brand new garage door opening system. Middle unit has opportunity to add 3rd bedroom (dining are could be converted). Coin-op laundry in basement for added income. Unbeatable location with easy access to the highway, Metra and Blue line. Walk to charming shops, cafes and restaurants, Jewel, Aldi, Chipotle, Starbucks and more.

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Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299
  • Elementary School: Portage Park Elementary School
  • High School: Schurz High School

Income/Expenses

  • Electric Expense: 0
  • Fuel Expense: 2500
  • Gross Income: 66000
  • Insurance Expense: 3100
  • Maintenance Expense: 2000
  • Net Operating Income: 50499
  • Water Sewer Expense: 400

Building Information

  • New Construction: No
  • Year Built: 1972

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Portage Park
  • Township: Jefferson

Community/Development

  • Community Features: Sidewalks, Street Lights, Street Paved

Tax Information

  • Tax Annual Amount: $8,501.00
  • Tax Year: 2023

General Information

  • New Construction: No
  • Ownership: Fee Simple
  • Parcel Number: 13164130120000
  • Property Type: Residential Income
  • Special Listing Conditions: List Broker Must Accompany
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 1
  • Garage Spaces: 2.5

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 7
  • Bedrooms Possible: 7
  • Full Baths Building: 3

General Information

  • Basement: Finished, Full
  • Foundation Details: Concrete Perimeter
  • Heating: Natural Gas, Steam, Baseboard
  • Other Equipment: CO Detectors, Ceiling Fan(s), Multiple Water Heaters
  • Rooms Total: 15
  • Window Features: Screens

Exterior

Parking Information

  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
  • Parking Total: 2.5

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0
  • Lot Size Dimensions: 50X115
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick, Limestone
  • Roof: Asphalt

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1500
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 2000
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 2000
  • Beds Total: 3
  • Baths Total: 1

Neighborhood

Community

60641 (Chicago) Demographics

37
Median Age
17,360
Population Density (per sq. mile)
39%
College Educated
$67,599
Estimated Median Income
12,764
Estimated Total Home Owners
11,758
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Market Data

Based on the last 30 days in this zip code

$523,031
Average List Price
$310
Average Price per Square Foot
45
Properties Sold
50
Average Days on Market
75
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
6/23/2026Source: MRED Status Change
Active
6/17/2026Source: MRED Added to Database
June 17, 2026