1302 W 98th Place, Chicago, IL 60643

• 6 beds |
• 4 baths

Property Description

This well maintained four unit brick building on a quiet Washington Heights block offers a strong entry point for both seasoned investors and those purchasing their first multifamily property. The building includes three two bedroom units and one spacious one bedroom unit. One unit has been recently renovated, while the remaining apartments are occupied by long term tenants, providing immediate income with room to grow over time. Each unit features a practical layout with good natural light and comfortable living space. Significant updates have already been completed, reducing near term maintenance concerns. Improvements include a new roof, newer boiler, new gutter system, tuckpointed brick exterior, and a reinforced rear porch. These upgrades help the property run efficiently and make ownership more predictable, an important factor for newer investors. For an owner occupant, this property offers the ability to live in one unit while rental income helps offset monthly expenses. For investors, it represents a stabilized asset in an established South Side neighborhood with consistent housing demand. Washington Heights offers access to schools, public transportation, neighborhood retail, and the I 57 expressway. Well cared for four unit buildings like this remain limited in the Chicago market, making this a practical and durable long term investment.

Listing Status:

Active

Listing Office:

Keller Williams ONEChicago : 312-589-0924

Listing Agent:

Jerome Harper : 312-589-0924

MLS ID:

12532572

Interior

• Master Bath: Soaking Tub
• Basement: UnfinishedFull
• Heating: Radiator(s)

Exterior

• Parking: Parking spaces: 0

Location

• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: 25081140360000

Utilities

• Water: Lake Michigan
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple

This listing courtesy of Jerome Harper, Keller Williams ONEChicago