Chatham Multi-Family Investment
735 E 88TH Street Chicago, IL 60619
For Sale
$497,500
MULTI_FAMILY - Chicago, IL
Days on Market285
Property Features for 735 E 88TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
6
Bathrooms
6
Rooms
Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 1, Bedroom 4, Bathroom 3, Bathroom 5, Bedroom 3, Bathroom 6, Bedroom 5
Standard status
Active
APN
25032110120000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4902
Building Details
Year built
1897
Floors in Building
3
Number of units
6
Building materials
Brick
Listing Agency:
33 Realty
(773) 327-4975
Listed By:
Thomas Hart · License #475149185
(773) 327-4975
Added: Oct 16, 2025
Changed: Jul 23
Last Checked: Jul 27 at 11:06AM
MLS# 12486593
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.
Investment Insights
Based on property information with market context.
Located in the Chatham neighborhood of Chicago, 735 E 88th Street is a six-unit multi-family investment property. The building comprises six four-room, one-bedroom, one-bathroom apartments. A three-car garage is also included. The property features updated electric, an updated rear porch, a central boiler for heat that is approximately 8 years old, and a common hot water system. Newer windows and hardwood floors are present throughout the building. Multiple units have updated kitchens and bathrooms. The property is situated in a low-density area of south Chatham. The property offers an opportunity to re-lease to local subsidies, which are currently offering $1300 to $1400 for one-bedroom residences with heat and hot water included. Upon stabilization, the property has the potential to realize a 10-12 annual capitalization rate.
Key Highlights
- Six‑unit multi‑family property in Chicago’s Chatham neighborhood
- Built in 1897; brick construction and hardwood floors throughout
- Six 1‑bed/1‑bath units, each described as four‑room apartments
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit property in Chicago's Chatham neighborhood with income potential.
Where is this apartment building located?
The property is located at 735 E 88TH Street Chicago, IL.
What is the asking price?
The asking price for this property is $497,500.
What are key features of this property?
This property features: Six‑unit multi‑family property in Chicago’s Chatham neighborhood; Built in 1897; brick construction and hardwood floors throughout; Six 1‑bed/1‑bath units, each described as four‑room apartments
