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    420 W 65Th Pl Chicago, IL 60621

    For Sale
    $199,999

    Residential Income - Chicago, IL

    Days on Market:
    63
    Last Refresh:
    Dec 8 at 7:06 am

    Property Features for 420 W 65Th Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    20211210170000
    Exterior features
    Dog Run, Outdoor Grill

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1895
    Architectural style
    Other
    Additional Structures
    Kennel/Dog Run

    Redfin Corporation (773) 308-4896 [email protected]

    Listing agent Nicole Blow (312) 836-4263 License #475183677

    Listing date Oct 7, 2025

    MLS# 12473136 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two Chicago Properties for Rehab

    Two adjacent properties located at 418 & 420 W 65th Place in Chicago, IL, are being sold together as an investor opportunity. Both properties require a full gut rehab and are priced accordingly. The properties are ideal for investors, rehabbers, or developers looking for a project with strong After Repair Value (ARV) potential and low property taxes to support a high Return On Investment (ROI). Multiple exit strategies are possible, including renovating and reselling, holding as rentals, or redeveloping. Buyers are responsible for verifying zoning and use. The properties are located near transportation, schools, and area developments, offering an opportunity to add value in a transitioning neighborhood. The properties are sold AS-IS, and only cash or renovation loans will be considered.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6358813
    Latitude
    41.7755677

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    FAQs

    What type of property is this?
    Residential income property - Two adjacent properties for sale, ideal for rehab and development.
    Where is this residential income property located?
    The property is located at 420 W 65Th Pl Chicago, IL.
    What is the asking price?
    The asking price for this property is $199,999.
    What are key features of this property?
    This property features: - Two adjacent properties being sold together.; - Strong ARV potential.; - Low property taxes support a high ROI.
    (312) 836-4263
    Request Owner's contact information
    420 W 65Th Pl Chicago, IL 60621
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    Chicago, IL 60621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    420 W 65Th Pl Chicago, IL 60621
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