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$489,000
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Property Description
Introducing 2916 w 25th place a legal 5 unit property with an all-brick 4-unit building in the front and a coach house in the rear. Conveniently located close to all that little village has to offer. It is perfect for either an owner-occupant or an investor. this property is a fantastic investment. The building is commuter-friendly, with nearby shopping, dining, and recreational options. It's within walking distance to schools and public transportation, and just minutes from I-55 and I-290, providing easy access to downtown. this is an amazing income maker that is professionally managed grossing nearly 54k a year will all unit rented below market and room to raise rents significantly without doing much of anything. This is the unique multi-unit property you've been searching for!
Full Property Details
Full Property Details for 2916 W 25th Pl
General
- Price: $489,000
- HOA FEE: $2,500
- Taxes: $8,237 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12534074
- Updated: 12/23/2025
- Added to Site: 30 day(s) ago
Location
- Area: CHI - South Lawndale
- County: Cook
- Driving Directions: California Ave to 25th Pl west to address
Heating & Cooling
- Heating Type: Gas
Structural Information
- Construction: Brick, Wood
- Exterior Const.: Brick, Wood
- Foundation: Brick/Mortar
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1888
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
Lot Features
- Lot Size (Sq. Ft.): 2,880
- Lot Dimensions: 28 x 126
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $2,500
- Insurance Fee: $4,000
- Operating Expenses: $21,947
- Other Fee: $2,500
- Assessment Year: 1888
- Tax Amount: $8,237
- Tax Year: 2024
- Pays Electric: 360
Disclosures and Reports
- Property ID: 16251250390000
Listed by Essex 312, LLC
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Schools
Schools serving 2916 W 25th Pl
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Spry Elementary Community School 2400 South Marshall Boulevard, Chicago, IL 60623 | PK-8 | 0.2 mi |
Farragut Career Academy High School 2345 South Christiana Avenue, Chicago, IL 60623 | 9-11 | 0.6 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 2916 W 25th Pl
Date
Details
Price
Change
Source
12/17/2025
Listed
$489,000
33.97%
MLS
12/20/2022
Sold
$365,000
—
Public Record
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
Tax History for 2916 W 25th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,169
37%
$24,500
—
2022
$3,773
20%
$24,500
—
2021
$3,156
24%
$24,500
39%
2020
$2,535
-7%
$17,583
-14%
2019
$2,716
2%
$20,378
—
2018
$2,668
-47%
$20,378
-44%
2017
$5,024
-22%
$36,388
—
2016
$6,431
-4%
$36,388
—
2015
$6,668
69%
$36,388
13%
2014
$3,947
-33%
$32,208
—
2013
$5,858
17%
$32,208
—
2012
$5,012
—
$32,208
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2916 W 25th Pl
2916 W 25th Place, Chicago, IL 60623 (MLS# 12534074) is a Commercial property. 2916 W 25th Place is currently listed for $489,000 and was received on December 17, 2025. Want to learn more about 2916 W 25th Place? Do you have questions about finding other Commercial real estate for sale in South Lawndale? You can browse all South Lawndale real estate or contact a Coldwell Banker agent to request more information.

