REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 755,000
Est. payment | /mo
14 Beds
8 Baths
$ 755,000
Est. payment | /mo
14 Beds
8 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12647110
Style Greystone
Bedrooms 14
Year Built 1898
Annual Tax Amount $9,477
Tax Year 2024
Lot Dimensions 3912
Property Sub-Type Two to Four Units
Property Description
Calling all investors and owner-occupants to this rare Washington Park Greystone opportunity! This massive 4-unit property features an impressive 14 bedrooms and 8 bathrooms, offering size, flexibility, and income potential that is rarely available in today's market. Truly nothing else like it around. Located 5 miles from downtown, just 1.5 miles from the University of Chicago and within biking distance to Lake Michigan, the beach, Hyde Park, and the Obama Presidential Center, this property sits directly in the path of continued growth and development. New construction has already been completed throughout the block, additional development has broken ground next door, and values continue trending upward in this rapidly appreciating community. Including accommodating bike lanes The building features three oversized 4-bedroom, 2-bath units plus a 2-bedroom, 2-bath garden unit, creating strong rental income potential and excellent flexibility for owner-occupants. 2 occupied and 2 vacant, ideal for multigenerational living, or investors seeking long-term cash flow. Units offer spacious layouts, stainless steel appliances, primary bedroom suites with private baths, separate heating systems, and updated finishes throughout. Renovations and improvements were completed in2021, and 2023, including newer HVAC systems, new roof, newer water heaters, and updated mechanicals. 2026 new back porch. Select units include in-unit laundry room, with additional laundry hookups available. The oversized gated backyard offers room for entertaining and future garage or parking pad potential. Estimated market rents for the main units range from approximately $2,600-$3,000 per month, with the garden unit estimated between $1,700-$2,000 per month, making this an attractive opportunity for both immediate income and immediate/long-term equity growth. Whether you are looking to house hack, expand your portfolio, or secure a large multifamily asset in one of Chicago's evolving investment corridors, this property delivers location, scale, and upside all in one. Schedule your showing today and experience the opportunity for yourself.
Location
State IL
County Cook
Area Chi - Washington Park
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Community Features Other
Building
Dwelling Type Two to Four Units
Building Description Stone,Concrete, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Stone,Concrete
New Construction false
Schools
High Schools Hyde Park Career Academy Senior
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition Home Warranty
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Darnisha Holliday of EXIT Strategy Realty