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$2,160,000
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Property Description
Never before offered for sale, this solid brick 16-unit multi-family building. Meticulously maintained and carefully managed by a long-term owner now retiring, this asset presents an exceptional investment opportunity in one of Chicago's most desirable rental corridors. Each spacious, well-appointed apartment has supported a consistent history of strong occupancy, reliable income, and long-term tenant satisfaction. The property's prime location-just steps from public transportation, schools, parks, and shopping-ensures enduring rental demand and neighborhood appeal. With stable financials already in place and room for thoughtful value-add improvements, this offering represents a strategic and scalable addition to any serious investor's portfolio. Serious inquiries only. Proof of funds or loan pre-approval required for all showings.
Full Property Details
Full Property Details for MLS# 12484836
General
- Sold For: $2,160,000
- Taxes: $30,844 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12484836
- Added to Site: 177 day(s) ago
Location
- Area: CHI - Albany Park
- County: Cook
- Driving Directions: Lawrence Ave to Harding Ave, then south to property.
Heating & Cooling
- Heating Type: Hot Water, Radiators
Structural Information
- Stories/Levels: 4
- Year Built: 1929
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 16
- Units w/Range/Oven: 16
Lot Features
- Lot Dimensions: 33 x 125
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $77,132
- Assessment Year: 1929
- Tax Amount: $30,844
- Tax Year: 2023
Disclosures and Reports
- Property ID: 13113130130000
Listed by Core Realty & Investments Inc.
Sold by 606 Realty LLC
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Schools
Schools serving MLS# 12484836
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Volta Elementary School 4950 North Avers Avenue, Chicago, IL 60625 | PK-8 | 0.1 mi |
Roosevelt High School, Chicago, IL 3436 West Wilson Avenue, Chicago, IL 60625 | 9-12 | 0.8 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 MLS# 12484836
Date
Details
Price
Change
Source
3/18/2026
Sold
$2,160,000
-10%
MLS
9/30/2025
Listed
$2,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# 12484836, Chicago, IL 60625 (MLS# 12484836) is a Commercial property that was sold at $2,160,000 on March 18, 2026. Want to learn more about MLS# 12484836? Do you have questions about finding other Commercial real estate for sale in Albany Park? You can browse all Albany Park real estate or contact a Coldwell Banker agent to request more information.

