Listing Agency: RE/MAX 10 Lincoln Park Show Phone

Listed By: Thomas Hanigan · License #471.014758 Show Phone

Source: Exprealty

Added: May 21 Changed: Oct 25 Last Checked: Oct 24 at 10:28PM

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Investment Insights

Based on property information with market context.

This is a well-maintained, fully rented legal 3-flat located in Marshall Square. The first floor includes a front unit with 2 bedrooms and 1 bathroom, and a rear unit with 1 bedroom and 1 bathroom. The second floor unit features 3 bedrooms and 1 bathroom. Unit 1R is currently rented month-to-month, presenting an opportunity for owner-occupant buyers. All units have separate utilities. The property includes garage parking for 2 cars and storage space. There is untapped potential for value addition with the large unfinished attic. A common laundry room is on-site, equipped with a coin-operated washer and dryer for additional income. The property is located close to the Pink Line and Douglass Park. It is being sold AS IS.

Key Highlights

• Fully rented, legal 3‑flat property.
• Separate utilities for each unit.
• Garage parking for 2 cars plus storage.

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

1,813

Businesses Nearby

Explore this area Business Placement

Demographics for 60623, IL

87,649

Population

31,300

Households

2.8

Avg Household Size

32

Median Age

14%

College-Educated

69%

High-School Grad

5.4 sq mi

ZIP Area

16,231

Density / Sq Mi

$44,040

Median Household Income

$32,642

Median Earnings

$1,054

Median Rent

$221,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Triplex - Well-maintained, fully rented 3-flat near Pink Line and Douglass Park.

Where is this triplex located?

The property is located at 2250 S Sacramento Ave Chicago, IL.

What is the asking price?

The asking price for this property is $370,000.

What are key features of this property?

This property features: Fully rented, legal 3‑flat property.; Separate utilities for each unit.; Garage parking for 2 cars plus storage.