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$480,000
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Property Description
This well maintained four unit brick building on a quiet Washington Heights block offers a strong entry point for both seasoned investors and those purchasing their first multifamily property. The building includes three two bedroom units and one spacious one bedroom unit. One unit has been recently renovated, while the remaining apartments are occupied by long term tenants, providing immediate income with room to grow over time. Each unit features a practical layout with good natural light and comfortable living space. Significant updates have already been completed, reducing near term maintenance concerns. Recent upgrades help the property run efficiently and make ownership more predictable, an important factor for newer investors. For an owner occupant, this property offers the ability to live in one unit while rental income helps offset monthly expenses. For investors, it represents a stabilized asset in an established South Side neighborhood with consistent housing demand. Washington Heights offers access to schools, public transportation, neighborhood retail, and the I-57 expressway. Well cared for four unit buildings like this remain limited in the Chicago market, making this a practical and durable long term investment.
Full Property Details
Full Property Details for 1302 W 98th Pl
General
- Sold For: $480,000
- Taxes: $2,210 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12532572
- Added to Site: 126 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 7
Location
- Area: CHI - Washington Heights
- County: Cook
- Driving Directions: North or South on Loomis St to 98th Pl east to 1302-04
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Radiator(s)
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Year Built: 1924
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3813
Financial Considerations
- Assessment Year: 1924
- Tax Amount: $2,210.1
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 25081140360000
Listed by Keller Williams ONEChicago
Sold by @properties Christie's International Real Estate
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Schools
Schools serving 1302 W 98th Pl
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Green W Elementary School 1150 West 96th Street, Chicago, IL 60643 | K-8 | 0.3 mi |
Corliss High School 821 East 103rd Street, Chicago, IL 60628 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1302 W 98th Pl
Date
Details
Price
Change
Source
3/06/2026
Sold
$480,000
-1.03%
MLS
12/15/2025
Listed
$485,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1302 W 98th Place, Chicago, IL 60643 (MLS# 12532572) is a Multi-Family property that was sold at $480,000 on March 06, 2026. Want to learn more about 1302 W 98th Place? Do you have questions about finding other Multi-Family real estate for sale in Washington Heights? You can browse all Washington Heights real estate or contact a Coldwell Banker agent to request more information.

