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$565,000
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Property Description
EXCELLENT OPPORTUNITY for a (6) unit income producing MULTI-FAMILY INVESTMENT BUILDING NEAR THE ORANGE LINE train station, Gage Park, soccer field, schools, convenient shopping, CTA, etc. Beautiful property, rarely available!! Well maintained property. Units are spacious & in excellent condition w/many updates in the last 3-4 years. LRs & BRs have hwd floors. Very nice kitchens! Appliances included. Fully occupied. Tenants pay electric & cooking gas. SOLD AS-IS. Rents are low due to long-term tenants, consequently there's an Incredible opportunity for upside in rental income. ESTIMATED POTENTIAL RENTAL MKT VALUE of 1500+ Parking for 6 cars. Roof, y2022. HWT y 2023. Well maintained heating system!! Freshly painted entrance common areas!! Come see!! Don't delay... the high demand for rental apartments & short supply of multi-family properties makes this a true solid investment for you!! Ideal location...nearby ORANGE line to MIDWAY & EXPRESSWAY, schools, etc. ** Preapproved buyers, please**
Full Property Details
Full Property Details for 2300 W Garfield Blvd
General
- Sold For: $565,000
- Taxes: $5,091 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12327232
- Added to Site: 287 day(s) ago
Location
- Area: CHI - Gage Park
- County: Cook
- Driving Directions: North or South to Garfield Blvd. 55th St to 2300 West to property
Heating & Cooling
- Heating Type: Central Building Heat
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 3
- Year Built: 1962
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
Lot Features
- Lot Dimensions: 46 x 140
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $27,243
- Assessment Year: 1962
- Tax Amount: $5,091
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 20073200540000
Listed by Century 21 Circle
Sold by RE/MAX Partners
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Schools
Schools serving 2300 W Garfield Blvd
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Fulton Elementary School, Chicago, IL 5300 South Hermitage Avenue, Chicago, IL 60609 | PK-8 | 0.7 mi |
Thomas Kelly College Preparatory 4136 South California Avenue, Chicago, IL 60632 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2300 W Garfield Blvd
Date
Details
Price
Change
Source
8/08/2025
Sold
$565,000
-8.13%
MLS
4/02/2025
Listed
$615,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2300 W Garfield Boulevard, Chicago, IL 60609 (MLS# 12327232) is a Commercial property that was sold at $565,000 on August 08, 2025. Want to learn more about 2300 W Garfield Boulevard? Do you have questions about finding other Commercial real estate for sale in Gage Park? You can browse all Gage Park real estate or contact a Coldwell Banker agent to request more information.

