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$85,000
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Property Description
Investment Opportunity - 2-Unit Great opportunity for an investor or owner-occupant seeking a two-unit property in Chicago. This two-unit building features two separate units, each offering 2 bedrooms and 1 full bath. The property currently has one tenant and one vacancy. The property is being offered with limited access, so buyers should conduct their due diligence and make arrangements for access and inspections as permitted. Ideal for an investor looking to add to a rental portfolio or explore the potential of a two-unit property. Property is being sold as-is/no repairs. Buyer to verify all room sizes, property details, zoning, rental information with the appropriate municipal authorities.
Full Property Details
Full Property Details for 540 W 120th St
General
- Price: $85,000
- Taxes: $4,073 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12742906
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: Interstate Access
Parking
- Total Spaces: 4
- Parking Features: Unassigned, Off-Street, Alley Access, Yes, Other
Location
- Area: CHI - West Pullman
- County: Cook
- Township: South Chicago
- Driving Directions: Halsted to 120th Street go East to property on the North side. Unit in middle.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement: Yes
- Basement Desc.: Unfinished, Partial
- Roof: Flat
- Year Built: 1929
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.04
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: .04
- Lot Features: Level
- Zoning: LNC
Financial Considerations
- Assessment Year: 1929
- Tax Amount: $4,073
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 25281040410000
Listed by CRIS Realty
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Schools
Schools serving 540 W 120th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Metcalfe Elementary Community Academy 12339 South Normal Avenue, Chicago, IL 60628 | K-8 | 0.5 mi |
Fenger Academy High School 11220 South Wallace Street, Chicago, IL 60628 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 540 W 120th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,928
61%
$19,501
70%
2023
$2,433
3%
$11,503
—
2022
$2,373
2%
$11,503
—
2021
$2,320
-6%
$11,503
5%
2020
$2,456
-8%
$10,999
-17%
2019
$2,675
2%
$13,282
—
2018
$2,630
15%
$13,282
25%
2017
$2,292
7%
$10,625
—
2016
$2,133
9%
$10,625
—
2015
$1,952
-1%
$10,625
—
2014
$1,976
2%
$10,625
—
2013
$1,937
1%
$10,625
—
2012
$1,911
—
$10,625
—
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 540 W 120th St
540 W 120th Street, Chicago, IL 60628 (MLS# 12742906) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 540 W 120th Street is currently listed for $85,000 and was received on August 25, 2026. Want to learn more about 540 W 120th Street? Do you have questions about finding other Multi-Family real estate for sale in West Pullman? You can browse all West Pullman real estate or contact a Coldwell Banker agent to request more information.

