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6212 North Sacramento Avenue Chicago, IL 60659

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For Sale
$840,000

Investor's dream: six 2-bedroom units with strong rental potential.

Type:Multi Family 5+ / Multi Family 5+-Other
Property size:
4,092 SF
Added:
Dec 4, 2025
Days on Market:
133
Last Refresh:
Mar 13 at 6:38 pm

Property Features for 6212 North Sacramento Avenue

General Information

Standard status
Active
Size
4,092 SF
Property subtype
Multi Family 5+ / Multi Family 5+-Other

Building Details

Year Built
1929

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Listing Contact
Peter Drossos

Listing agent Peter Drossos License #471010251

Listing office Peter Drossos Real Estate

Listing date Dec 4, 2025

Source Compass

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 Peter Drossos Real Estate


Overview

All Brick Six-Unit Building

This all-brick building contains six units, each featuring two bedrooms and one bathroom. The units include several large windows providing natural light, a formal living room, a spacious kitchen, and ample closet space. Each unit has a forced air system for heat and window A/C units for air conditioning. Tenants are responsible for gas and electricity, with each unit individually metered. The property includes a rare, detached three-car garage. Currently, rents are underpriced, averaging $1,045 per month, totaling approximately $75,300 in gross annual rental income. Market rents are estimated at $1,650 per month, potentially yielding $118,800 in gross annual rental income. Rents could be increased by 50% or more. The property needs cosmetic updates and some mechanical work. Recent upgrades include a porch built in 2012, a hot water tank approximately 5 years old, two furnaces about 2 years old, a roof silver coating in 2022, and some window replacements. The building is located near the Kennedy and the Lake, with convenient access to Target, Home Depot, Aldi, restaurants, parks, and transportation. The tenants in Unit 1R pay $950 per month in rent plus an extra $100 for garage parking. The total is $1,050 per month. The tenants in Unit 3R pay $925 per month in rent plus an extra $100 for garage parking, totaling $1,025 per month. The third garage parking spot is not rented. The City of Chicago water is on a metered account.
Location Intelligence

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Apartment buildings

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Location Insight

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City
Chicago
County
Cook
State
Illinois
Longitude
-87.6986592
Latitude
41.7804064

FAQs

What type of property is this?
Apartment building - Investor's dream: six 2-bedroom units with strong rental potential.
Where is this apartment building located?
The property is located at 6212 North Sacramento Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $840,000.
What are key features of this property?
This property features: Significant Income Upside: Rents are underpriced by approximately 50%, presenting an opportunity to increase gross rental income by an estimated $43,500 per year.; All Brick 6‑Unit Building: Offers a solid, low‑maintenance exterior.; Strong Rental Market: Excellent area translates to a strong rental market with low vacancy rates.
More about this property
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