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$103,000
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Property Description
Calling All Investors! Rare opportunity to own a luxury 2-flat just steps from the Thrive Exchange development on Chicago's South Side. Located just one block from Lake Michigan, this property sits in a rapidly appreciating area with strong rental and resale upside. Investment Highlights: Approved plans & permits in hand Opportunity to complete a high-end, income-producing asset Prime South Side location near major development Strong long-term appreciation potential Property Features: Soaring high ceilings, Large, open floor plans, Modern layouts with premium finish potential Designed for luxury living Unit 1: 3 Bedrooms, 2 Full Bathrooms. In-unit washer & dryer Unit 2: 2 Bedrooms, 2 Full Bathrooms, In-unit washer & dryer This is an ideal opportunity for investors seeking to complete a luxury build in a high-demand neighborhood with significant rental income potential. Photos and approved permit/plans attached. Additional details available upon request. ARV: $375,000
Full Property Details
Full Property Details for 3024 E Cheltenham Pl
General
- Sold For: $103,000
- Taxes: $2,390 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12569078
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Additional Information
- Other Features: Commuter Bus, Commuter Train
Parking
- Total Spaces: 2
- Parking Features: Off-Alley, Yes
Location
- Area: CHI - South Shore
- County: Cook
- Driving Directions: Head south on I-90 / I-94 (Dan Ryan Expressway) from downtown Chicago. Take exit 80B toward E 79th Street / South Shore Drive.Continue east on E 79th Street. Turn left (north) onto S Coles Ave or S South Shore Dr. Turn right (east) onto E Cheltenham Place.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Foundation: Concrete Perimeter
- Roof: Rubber, Flat
- Year Built: 1910
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 2, 800 sq ft
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1910
- Tax Amount: $2,390.77
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 21304110210000
Listed by Blue Door Dave Inc
Sold by Blue Door Dave Inc
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Schools
Schools serving 3024 E Cheltenham Pl
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Powell Elementary Paideia Community Academy 7511 South South Shore Drive, Chicago, IL 60649 | K-8 | 0.6 mi |
South Shore Intl Col Prep High School 1955 East 75th Street, Chicago, IL 60649 | 12- | 1.3 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
3024 E Cheltenham Place, Chicago, IL 60649 (MLS# 12569078) is a Multi-Family property that was sold at $103,000 on April 29, 2026. Want to learn more about 3024 E Cheltenham Place? Do you have questions about finding other Multi-Family real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.

