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$650,000 -$25,000 (-3.7%) Price Reduced
Property Description
Exceptional investment opportunity in the rapidly growing New City neighborhood! This brand-new LEGAL 4-unit gut rehab was completely rebuilt down to the studs, offering turnkey ownership with modern finishes and major system upgrades throughout. The property features a total of 8 bedrooms and 4 bathrooms across spacious units designed for strong rental appeal and low maintenance ownership. Major capital improvements include all new HVAC systems, plumbing, electrical, roof, windows, and a newly installed concrete parking pad with a secure front metal fence. Each unit showcases modern white shaker cabinetry, quartz countertops, stainless steel appliances, waterproof LVP flooring, in-unit laundry hookups, and updated contemporary finishes throughout. The property also includes partially finished basements offering additional storage or future value-add potential. Ideal for investors seeking a stabilized, low-maintenance asset with strong income potential in an appreciating area. Located near minutes from Rate Field, expressways, schools, transportation, shopping. Schedule a tour!
Full Property Details
Full Property Details for 5203 S Peoria St
General
- Price: $650,000
- Taxes: (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12671440
- Updated: 6/13/2026
- Added to Site: 8 day(s) ago
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Total Spaces: 2
- Parking Features: Yes
Location
- Area: CHI - New City
- County: Cook
- Township: Lake
- Driving Directions: HALSTED N/S TO 51ST TO PEORIA SOUTH TO ADDRESS
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
- Year Built: 1925
- Built Before 1978: Yes
- Remodeled/Updated: 2026
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1925
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20084140010000
Listed by Cloud Gate Realty LLC
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Schools
Schools serving 5203 S Peoria St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Sherman School of Excellence 1000 West 52nd Street, Chicago, IL 60609 | PK-8 | 0.2 mi |
Tilden Career Communty Academy High School 4747 South Union Avenue, Chicago, IL 60609 | 9-12 | 0.6 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 5203 S Peoria St
Date
Details
Price
Change
Source
6/13/2026
Price Reduced
$650,000
-3.7%
MLS
6/08/2026
Listed
$675,000
2600%
MLS
10/17/2024
Sold
$25,000
—
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 5203 S Peoria St
Year
Property Taxes
Change
Tax Assessment
Change
2023
100%
100%
2022
-100%
-100%
2021
$1,206
-37%
$5,999
-30%
2020
$1,917
-4%
$8,606
-13%
2019
$1,988
2%
$9,893
—
2018
$1,954
-42%
$9,893
-36%
2017
$3,348
7%
$15,552
—
2016
$3,115
9%
$15,552
—
2015
$2,850
-6%
$15,552
-4%
2014
$3,018
2%
$16,264
—
2013
$2,958
1%
$16,264
—
2012
$2,918
—
$16,264
—
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 5203 S Peoria St
5203 S Peoria Street, Chicago, IL 60609 (MLS# 12671440) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 5203 S Peoria Street is currently listed for $650,000 and was received on June 08, 2026. Want to learn more about 5203 S Peoria Street? Do you have questions about finding other Multi-Family real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.
