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$532,000
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Property Description
This multi-unit property presents an excellent opportunity for investors. The building comprises three units and a two-car garage, offering potential for a steady income stream. The first-floor owner-occupied unit features 3 bedrooms and 1 bathroom, with a cozy living room complete with a charming fireplace. The second-floor unit, currently rented on a month-to-month basis, boasts 3 bedrooms and 1 bathroom, providing a consistent income of $850 per month from a long-term tenant (over 20Y) The garden unit includes 2 bedrooms and 1 bathroom, currently rented for $750 per month. While the property requires updates and is being sold as-is, its location and rental potential make it a diamond in the rough. Don't miss out on the chance to transform this property into a lucrative investment.
Full Property Details
Full Property Details for MLS# 12503057
General
- Sold For: $532,000
- Taxes: $6,762 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12503057
- Added to Site: 67 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Portage Park
- County: Cook
- Driving Directions: Addison st west of Cicero
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Steam
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Partially Finished, Full
- Year Built: 1922
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 37 x 125
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1922
- Tax Amount: $6,762
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13214010260000
Listed by HomeSmart Connect LLC
Sold by Compass
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Schools
Schools serving MLS# 12503057
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Gray Elementary School 3730 North Laramie Avenue, Chicago, IL 60641 | PK-8 | 0.5 mi |
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for MLS# 12503057
Date
Details
Price
Change
Source
12/08/2025
Sold
$532,000
—
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# 12503057, Chicago, IL 60641 (MLS# 12503057) is a Multi-Family property that was sold at $532,000 on December 08, 2025. Want to learn more about MLS# 12503057? Do you have questions about finding other Multi-Family real estate for sale in Portage Park? You can browse all Portage Park real estate or contact a Coldwell Banker agent to request more information.

