Chicago, IL 60649
$698,750



12 more












Presented By: Select a Fee RE System
Home Details
Fantastic opportunity to own a turnkey three-flat in the elevated Jackson Park neighborhood in South Shore, perfect for an owner-occupant or investor. The building is HUGE on a double-wide lot with each unit being 2100 SF. Fully gut rehabbed in 2014 with all new plumbing, electrical, drywall and refinished floors. Each unit offers three spacious bedrooms and two full baths, along with expansive living and dining areas, a bright sunroom, and a large open kitchen featuring granite and stainless steel appliances each unit includes a "separate A/C, furnaces, hot water heaters, and in-unit W/D" ?. Enclosed walk up, three-car garage, and a sizable backyard. The full unfinished basement presents excellent potential for a 4th unit, with high ceilings, egress/ingress - an outstanding value-add opportunity. Ideally located on one of the nicest streets in Jackson Park, South Shore's beautiful beaches and boat docks, the Museum of Science and Industry, and a variety of shopping and dining options. Convenient access to downtown via bus, train, or Lake Shore Drive. Adding to the area's appeal, a new family entertainment center is scheduled to break ground in Spring 2026. All 3 units are currently rented at $1990-2100/unit, reflecting the quality level of finishes and location. Assumablie FHA Loan 2.75% Loan balance $358,109.00 PITI $2,777.00.
Presented By: Select a Fee RE System
Interior Features for
Bedrooms
Bedrooms Possible9
Total Bedrooms9
Bathrooms
Full Baths Building6
Half Baths Building
Total Baths6
Other Interior Features
BasementUnfinished, Full, Daylight
Total Number of Units3
Other Rooms
Room TypeEnclosed Porch, Sun Room
General for
CityChicago
Community FeaturesPark, Lake, Curbs, Sidewalks, Street Lights, Street Paved
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
Directions67 East to Merrill (2100)
Elementary School District299
Garage Spaces3
Gross Income71280
HeatingNatural Gas
High School District299
Insurance Expense3500
MLS AreaCHI - South Shore
Middle/Junior School District299
Net Operating Income71280
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer, Storm Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount5100
Tax Year2024
Total Rooms25
TownshipHyde Park
Water Sewer Expense2835
Year Built1917
ZoningMULTI
Exterior for
Foundation DetailsConcrete Perimeter
Lot Dimensions4375SQ FT
Lot Size Acres0.1
Parking FeaturesGarage Door Opener, Yes, Garage Owned, Detached, Garage
Total Parking3
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
