High-performing four-unit asset in a rapidly appreciating neighborhood, offering potential for immediate cash flow with clear upside. Three remodeled (2025), well-maintained units are leased, creating a stable income base, while the luxury-upgraded (2026) fourth unit establishes a higher rent ceiling and supports long-term growth across the property. Recent capital improvements minimize near-term expenses, and a brand-new on-site laundry room equipped with washer and dryer adds convenience and additional income potential. The potential to add a garden unit (buyer to verify) provides an additional value-add strategy to increase unit count and NOI. A standout investment for buyers seeking stability today with multiple paths to long-term growth. The property is fully fenced, with an adjacent vacant lot currently maintained by the owner, offering potential for future acquisition or additional development (buyer to verify). Conveniently located approximately 15 minutes from downtown, 10 minutes from Sox Stadium, and 5 minutes from I-90/94. All new Electric, Plumbing, HVAC (2025) Roof (2024)
Listed By
Agency Name: Epique Realty Inc
Agency Phone: 888-893-3537
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimated Payment
$ 2,206.01 per month $1,669.17 Principal & Interest $318.08 Property Tax $218.75 Homeowner's Insurance
6331 S Elizabeth Street | MLS# 12569892
This multi-family property located at 6331 S Elizabeth Street, Chicago, IL 60636 is currently listed for sale with an asking price of $750,000. S Elizabeth Street is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.