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$870,000
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Property Description
Fantastic investment opportunity with strong cash flow in the desirable Tri-Taylor / UIC Medical Center area. This solid multi-unit building was fully rehabbed within the last 10 years, with updates throughout from roof to all three levels. Each spacious unit offers at least one private en-suite bath (Unit 3 has three), hardwood floor, in-unit laundry, individual furnaces, and separate gas and electric meters. Rental income is strong and consistent. Property includes three rear parking spaces plus free street parking. Conveniently located near parks, schools, public transit, and with easy access to I-290 and I-90/94.
Full Property Details
Full Property Details for 716 S Claremont Ave
General
- Sold For: $870,000
- Taxes: $15,728 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12617042
- Added to Site: 93 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 7
Bedrooms
- Total Bedrooms: 9
Additional Information
- Equipment: Security System
- Other Features: Commuter Bus, Commuter Train
Parking
- Total Spaces: 3
- Parking Features: Assigned, Yes
Location
- Area: CHI - Near West Side
- County: Cook
- Driving Directions: Head south on Western Ave, turn left onto Polk Street, and then right onto Claremont Ave to the property.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Built Before 1978: Yes
- Remodeled/Updated: 2016
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Tax Amount: $15,728.24
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 17183040260000
Listed by Richland Global Inc
Sold by Richland Global Inc
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Schools
Schools serving 716 S Claremont Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Irving Elementary School, Chicago, IL 749 South Oakley Boulevard, Chicago, IL 60612 | K-8 | 0.1 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 716 S Claremont Ave
Date
Details
Price
Change
Source
6/18/2026
Sold
$870,000
-3.23%
MLS
4/11/2026
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
716 S Claremont Avenue, Chicago, IL 60612 (MLS# 12617042) is a Multi-Family property that was sold at $870,000 on June 18, 2026. Want to learn more about 716 S Claremont Avenue? Do you have questions about finding other Multi-Family real estate for sale in Near West Side? You can browse all Near West Side real estate or contact a Coldwell Banker agent to request more information.

