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Kati Spaniak

kati@terraluxhomes.com +1(847) 533-9247

$599,900

Est. payment - /mo

8 Beds

4 Baths

3,097 SqFt

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UPDATED:

Key Details

Property Type Condo

Sub Type Low Rise (1-3 Stories)

Listing Status Active

Purchase Type For Sale

Square Footage 3,097 sqft

Price per Sqft $193

MLS Listing ID 12797169

Bedrooms 8

Full Baths 4

Year Built 1908

Annual Tax Amount $2,903

Tax Year 2025

Lot Dimensions 43x124

Property Sub-Type Low Rise (1-3 Stories)

Property Description

Exceptional Four-Unit Investment Opportunity in Chicago's Historic Rarely Available Pullman Neighborhood! Discover this well-maintained, income-producing multifamily property offering strong cash flow, established tenants, and an attractive combination of updated interiors and major capital improvements. An excellent opportunity for investors seeking immediate rental income and long-term investment potential. The clean, updated units feature modernized kitchens, bathrooms, and flooring, along with significant property improvements, including newer siding and insulation, updated plumbing and electrical, separate furnaces and water heaters, and updated roofing. A private off-street parking lot accommodating up to eight vehicles adds exceptional convenience and tenant appeal. Benefiting from low property taxes and favorable operating expenses, this property offers an attractive income profile. Situated in Chicago's historic Pullman community, residents enjoy convenient access to Metra commuter rail, CTA transportation, major expressways, shopping, dining, and neighborhood amenities. The area's rich architectural history, ongoing community investment, and proximity to Pullman National Historical Park further enhance its appeal. Strong cash flow, established tenants, low operating expenses, and substantial property updates make this a standout investment opportunity. Secure an income-producing asset in historic Pullman with lasting value and long-term potential.

Location

State IL

County Cook

Area Chi - Pullman

Rooms

Basement Unfinished, Full

Interior

Heating Forced Air

Cooling None

Flooring Carpet

Fireplace N

Appliance Range, Refrigerator, Washer, Dryer

Laundry In Unit

Exterior

Community Features Sidewalks

Building

Lot Description Corner Lot

Dwelling Type Attached Single

Building Description Vinyl Siding, No

Story 3

Sewer Public Sewer

Water Lake Michigan

Structure Type Vinyl Siding

New Construction false

Schools

School District 299 , 299, 299

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

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Listed by Susan Mender of Listing Leaders MVPs

NEARBY SCHOOL & BUSINESS

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Kati Spaniak

+1(847) 533-9247

Broker License ID: 471.020379

11446-48 S Forrestville AVE #All Chicago, IL 60628

Kati Spaniak

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION