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$545,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 2 Car Garage
  • Updated 7 hours ago
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Solid, Fully Occupied Income-Generating 4-Unit Brick Building! This well-maintained investment property is being sold AS-IS and offers immediate rental income with numerous updates and improvements already completed. In 2019, each unit was upgraded with new individual heat and air-conditioning. Kitchens and bathrooms were remodeled, hardwood floors were refinished, and a new master key system was installed throughout the building. Recent improvements include a new hot water heater in 2026, roof recoating, new gutters and in 2025, coin-operated laundry, garage space and storage lockers rented separately providing an additional source of income. All four units are currently occupied, and tenants pay their own utilities except water. A great opportunity for an investor looking for a solid, income-producing property on quiet block with substantial improvements already in place. A must-see!

Full Property Details for 1656 E 84th St

General

  • Price: $545,000
  • Taxes: $7,023 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12754557
  • Updated: 9/17/2026
  • Added to Site: 6 day(s) ago

Rental Information

  • Complex Features: Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Partially

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Upper - Full Baths: 6

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Equipment: Intercom, Ceiling Fan(s), Water Heater-Gas
  • Other Features: Commuter Bus

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage

Location

  • Area: CHI - Avalon Park
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: STONY ISLAND NORTH OR SOUTH TO 84TH EAST TO PROPERTY

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Partially Finished, Full
  • Roof: Rubber
  • Windows: Screens
  • Year Built: 1923
  • Built Before 1978: Yes
  • Remodeled/Updated: 2019

Unit Information

  • Units in Building: 4

Additional Structures

  • Other Structures: Storage

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 4598
  • Lot Features: Corner Lot
  • Zoning: MULTI

Financial Considerations

  • Insurance Fee: $6,500
  • Parking Included: Yes
  • Assessment Year: 1923
  • Tax Amount: $7,023.58
  • Tax Year: 2025
  • Pays Electric: 600
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 20363020390000

Listed by EXIT Strategy Realty

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Listing agent

— 1656 E 84th St —

  • EXIT Strategy Realty

gaines@spgaines.org

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1656 E 84th St

School District:Chicago Public School District 299
NameGradesDistance
Caldwell Elementary Academy Of Math & Sci
8546 South Cregier Avenue, Chicago, IL 60617
6-80.3 mi
Chicago Vocational Career Academy High School
2100 East 87th Street, Chicago, IL 60617
9-110.6 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 1656 E 84th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/11/2026
Listed
$545,000
179.49%
MLS
10/29/2018
Sold
$195,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1656 E 84th St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,431
—
$33,701
60%
2023
$4,431
3%
$20,999
—
2022
$4,319
2%
$20,999
—
2021
$4,223
14%
$20,999
26%
2020
$3,699
-2%
$16,606
-12%
2019
$3,791
24%
$18,871
—
2018
$3,049
-25%
$18,871
-15%
2017
$4,065
3%
$22,260
—
2016
$3,958
10%
$22,260
—
2015
$3,598
1%
$22,260
2%
2014
$3,572
2%
$21,821
—
2013
$3,490
1%
$21,821
—
2012
$3,468
—
$21,821
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1656 E 84th Street, Chicago, IL 60617 (MLS# 12754557) is a Multi-Family property with 4 units containing 6 bedrooms and 0 full bathrooms. 1656 E 84th Street is currently listed for $545,000 and was received on September 11, 2026. Want to learn more about 1656 E 84th Street? Do you have questions about finding other Multi-Family real estate for sale in Avalon Park? You can browse all Avalon Park real estate or contact a Coldwell Banker agent to request more information.

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