Chatham Three-Unit Income
For Sale
$450,000
8019 South Rhodes Avenue, Chicago, IL 60619
Well-maintained 3-flat in Chatham, move-in ready investment opportunity.
Property Size3,600 SF
Price / SF$125
Days on Market151
Property Features for 8019 South Rhodes Avenue
General Information
Standard status
Active
Size
3,600 SF
Total Parking Spaces
3
Property subtype
Two to Four Units / 3 Flat
Taxes and HOA fees
Annual Taxes
$5,767
Building Details
Year Built
1927
Listing Agency:
Real Broker LLC
(773) 516-1111
Listed By:
Rafay Qamar · License #475158420
(773) 516-1111
Source:
Compass
Added: Mar 27
Changed: Aug 23
Last Checked: Aug 3 at 2:26PM
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 Real Broker LLC
Investment Insights
Based on property information with market context.
Located in the Chatham neighborhood, this well-maintained three-unit building presents an income-producing opportunity. Each of the three units offers approximately 1,200 square feet of living space, featuring 9-foot ceilings and hardwood flooring. The layouts include separate living and dining areas, spacious kitchens with ample cabinetry and pantry storage, and three oversized bedrooms per unit. The first-floor unit also includes an additional half bath. Recent improvements include a new hot water heater. Tenants are responsible for their own electric, contributing to the property's efficiency. A full basement provides shared washer and dryer access, along with individual storage spaces for tenants. The property includes a large backyard suitable for gatherings, as well as a three-car garage for parking. The property is located near major interstates and commuter train access.
Key Highlights
- Income‑producing 3‑flat property, ready for immediate occupancy and rental.
- Each unit is approximately 1,200 sq ft with 3 oversized bedrooms, separate living and dining areas, and ample storage.
- Convenient location near major interstates and commuter train access.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,285
Businesses Nearby
Explore this area
Business Placement
Demographics for 60619, IL
63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained 3-flat in Chatham, move-in ready investment opportunity.
Where is this triplex located?
The property is located at 8019 South Rhodes Avenue 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: Income‑producing 3‑flat property, ready for immediate occupancy and rental.; Each unit is approximately 1,200 sq ft with **3 oversized bedrooms**, separate living and dining areas, and ample storage.; Convenient location near major interstates and commuter train access.
