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525 West 118th Street, Chicago, IL, 60628
Four-Unit Residential Income Property

525 West 118th Street Chicago, IL 60628

For Sale
$399,000
Pending

All four units are occupied, including two 2-bedroom and two 3-bedroom layouts, with rehab completed in 2006.

Days on Market61

Property Features for 525 West 118th Street

General Information

Standard status
Pending
Property subtype
Two to Four Units / 4 Flat

Building Details

Year Built
1923
Listing Agency: Leverage Investments, LLC
Listed By: Jeannie Autry · License #471010014
Source: Compass
Added: May 25 Changed: Jul 21 Last Checked: Jul 23 at 6:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Leverage Investments, LLC


Investment Insights

Based on property information with market context.

This four-unit residential income property is offered for sale in occupied condition. The building features two 2-bedroom, 1-bath units and two 3-bedroom, 1-bath units. Public remarks indicate the units are spacious and in very good condition.

The property was rehabbed in 2006 and is being sold as-is. It is currently fully occupied, with one tenant described as subsidized.

From a unit-mix perspective, the configuration supports a blend of 2-bedroom and 3-bedroom demand profiles while maintaining a consistent 1-bath floorplan across all units, according to the information provided.

Key Highlights

  • 4‑unit multifamily with all four units fully occupied
  • Unit mix: two 2‑bedroom/1‑bath units and two 3‑bedroom/1‑bath units
  • Rehab completed in 2006

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Skin Care Clinic Pharmacy Building Supply (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Bakery Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Quadplex - All four units are occupied, including two 2-bedroom and two 3-bedroom layouts, with rehab completed in 2006.
Where is this quadplex located?
The property is located at 525 West 118th Street Chicago, IL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 4‑unit multifamily with all four units fully occupied; Unit mix: two 2‑bedroom/1‑bath units and two 3‑bedroom/1‑bath units; Rehab completed in 2006
More about this property
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