Chicago Multifamily Investment
6923 S Sangamon Street, Chicago, IL 60621
New
MULTI_FAMILY - Chicago, IL
- Added:
- May 29, 2026
- Days on Market:
- 2
- Last Refresh:
- May 30 at 5:06 am
Property Features for 6923 S Sangamon Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 8, Bathroom 4, Bathroom 2, Basement, Bedroom 7, Bedroom 3
- Basement
- Finished, Full
- Standard status
- Active
- APN
- 20204210090000
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3155
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
Building Details
- Year built
- 1911
- Building materials
- Brick
Listing agent Frank Montro License #475128449 (708) 798-1111
Listing office Keller Williams Preferred Rlty 16101 108th Avenue, Orland Park, IL (708) 798-1111
Listing date May 29, 2026
MLS# 12657811
Listing URL
Copyright © 2026 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.
HighLights
- Immediate cash flow from three occupied units, including Section 8 tenants, providing stable income.
- One vacant unit presents an opportunity for owner‑occupancy or increased rental income.
- Two new boilers installed within the last year, reducing potential maintenance costs.
- Well‑maintained roof and exterior, indicating responsible ownership and reduced future expenses.
- Each unit is a desirable 2‑bedroom, 1‑bath layout.
- Vacant unit will be equipped with a stove, refrigerator, dishwasher, and microwave prior to closing.
Overview
This well-maintained four-unit building in Chicago presents an excellent investment opportunity. The property features four units, each with two bedrooms and one bathroom, situated on a quiet residential block. Currently, three units are occupied, including two Section 8 tenants and one market-rate tenant, providing immediate cash flow. One vacant unit offers the opportunity for owner-occupancy or additional rental income. The occupied units include a stove and refrigerator. Prior to closing, the vacant unit will be equipped with a stove, refrigerator, dishwasher, and microwave. Major updates include two brand-new boilers installed within the last year. The roof and exterior have been consistently maintained. The owner currently covers the costs of heat, hot water, water, and trash, while tenants are responsible for cooking gas and electricity. This income-producing property offers stable tenancy and room for additional upside, suitable for expanding an investment portfolio or for an owner-occupant seeking rental income.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.647782
- Latitude
- 41.76805
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained four-unit building with immediate cash flow potential.
Where is this quadplex located?
The property is located at 6923 S Sangamon Street Chicago, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Immediate cash flow from three occupied units, including Section 8 tenants, providing stable income.; One vacant unit presents an opportunity for owner‑occupancy or increased rental income.; Two new boilers installed within the last year, reducing potential maintenance costs.
