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$823,000
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Property Description
Turnkey Investment Opportunity with this fully rented 4-unit multifamily building, each featuring 2 bedrooms and 1 bathroom. Units are spacious and well-maintained, offering: Modern kitchens with updated appliances Central heating and air conditioning Updated windows, doors, and roof Tenant-paid utilities - separate meters for each unit Additional features include: Full walkout basement with potential for added storage or future expansion Coin-operated laundry for additional income Four parking spaces located at the rear of the building Convenient access to bus and train stations, ideal for commuters Rents are below market with potential upside. Perfect for seasoned investors or those looking to grow their rental portfolio.
Full Property Details
Full Property Details for MLS# 12402345
General
- Sold For: $823,000
- Taxes: $17,343 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12402345
- Added to Site: 239 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Total Spaces: 4
- Parking Features: On Site, Owned
- Parking On-Site: Yes
Location
- Area: Skokie
- County: Cook
- Driving Directions: OAKTON EAST OF SKOKIE BLVD TO KEATING NORTH
School Information
- School District: 73
- Midd School District: 73
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full, Walk-Out Access
- Year Built: 1950
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.12
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 45 x 122
Financial Considerations
- Assessment Year: 1950
- Tax Amount: $17,343.91
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 10223180390000
Listed by Chicagoland Brokers Inc.
Sold by Fulton Grace Realty
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Schools
Schools serving MLS# 12402345
School Districts:Skokie School District 69, Niles Township Community High School District 219
| Name | Grades | Distance |
|---|---|---|
Lincoln Jr High School, Skokie, IL 7839 Lincoln Avenue, Skokie, IL 60077 | 6-8 | 0.5 mi |
Madison Elementary School, Skokie, IL 5100 Madison Street, Skokie, IL 60077 | PK-2 | 0.5 mi |
Thomas Edison Elementary School 8200 Gross Point Road, Morton Grove, IL 60053 | 3-5 | 1 mi |
Niles West High School 5701 Oakton Street, Skokie, IL 60077 | 9-12 | 1.3 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# 12402345
Date
Details
Price
Change
Source
9/05/2025
Sold
$823,000
-3.17%
MLS
6/25/2025
Listed
$849,900
—
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# 12402345, Skokie, IL 60076 (MLS# 12402345) is a Multi-Family property that was sold at $823,000 on September 05, 2025. Want to learn more about MLS# 12402345? Do you have questions about finding other Multi-Family real estate for sale in Skokie? You can browse all Skokie real estate or contact a Coldwell Banker agent to request more information.

