Chicago, IL 60616 460 W 28th Place
$1,299,000



7 more







Presented By: Sperry Van Ness
Home Details
This well-maintained brick 6-unit building presents a compelling investment opportunity featuring a desirable unit mix of two (2) 2-bedroom / 2-bath apartments, two (2) 2 Bedroom/1 -Bath Units and two (2) 1-bedroom / 1-bath units. The property offers apartment-quality updates throughout, including modern kitchens and baths, stainless steel appliances, and contemporary range hoods that appeal to today's renters. Interiors are thoughtfully improved while maintaining operational efficiency, creating strong in-place tenancy and long-term rental stability. The building includes shared laundry facilities in the rear lower level, offering free on-site laundry as a valuable tenant amenity, along with bundled utilities including water, sewer, trash, and Wi-Fi to simplify management and enhance leasing appeal. A two-car garage provides additional income potential and convenience for residents. With its solid brick construction, updated interiors, and tenant-friendly amenities, this asset delivers a balanced combination of durability, modern finishes, and steady cash flow potential.
Presented By: Sperry Van Ness
Interior Features for 460 W 28th Place
Other Interior Features
BasementNone
Total Fireplaces
General for 460 W 28th Place
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingCentral Air, Central Individual
CountyCook
Current UseMulti-Family
Directions28th St & Halsted, East to Normal, South on Normal, East on 28th Pl (one-way) to 460 on the North side of the street
ElectricCircuit Breakers, Separate Meters
Electric Expense
Fuel Expense
Gross Income131568
Insurance Expense
Lot Size Square Feet3125
MLS AreaCHI - Bridgeport
MaintenanceExpense
Net Operating Income90468
Number Of Units Total6
Operating Expense34520
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofRubber
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount12657.24
Tax Year2024
Tenant PaysElectricity, Heat
TownshipSouth Chicago
Trash Expense0
Water Sewer Expense0
Year Built1899
ZoningMULTI
Exterior for 460 W 28th Place
Building Area Total3960
Frontage TypeCity Street
Lot Dimensions25X125
Lot Size Acres0.07
Additional Details
Price History

SQFT • 3,960