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Updated 3-Unit Brick Triplex
For Sale
$596,000

Chicago, IL 60653, Chicago, IL 60653

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market45

Property Features

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 2
Parking 2
Parking features Off Alley, Owned
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Subdivision CHI - Grand Boulevard
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7440

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas

Amenities

in-unit laundry
window air-conditioning
rear deck
basement storage

Building Details

Year built 1888
Building materials Brick
Listing Agency: EXIT Strategy Realty · EXIT Realty
Listed By: Carmen Dennis
Added: Aug 25 Changed: Oct 8 Last Checked: Oct 8 at 7:06PM
MLS# 12742758

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.

This Chicago triplex contains three residences in a brick building constructed in 1888. Two units are tenant-occupied, while the owner occupies the third. Interior work includes refreshed kitchens and bathrooms, new flooring and paint in the first two units, and an open living, dining and kitchen arrangement in the owner's unit. That residence also has a stacked washer and dryer.

The unfinished basement offers storage and houses separate gas furnaces for Units 1 and 2; Unit 3 has its own furnace. Window air-conditioning serves all three residences. Laundry equipment includes compact under-counter washers in two units, in addition to the stacked set in the third. The rear deck and stairs were rebuilt in 2023. Tuckpointing was completed on the rear/eastern and southern exterior walls in 2026. A post-storm roof inspection in 2025 reported no issues.

Key Highlights

  • Three‑unit brick building constructed in 1888
  • Two units are tenant‑occupied; the owner occupies the third
  • Unit 3 was redesigned in 2023 with an open living, dining and kitchen layout

Property Analytics

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Current Use

Triplexes

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,125
Businesses Nearby

Demographics for 60653, IL

33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Three residences pair refreshed interiors with individual heating equipment and laundry provisions.
Where is this triplex located?
The property is located at Chicago, IL.
What is the asking price?
The asking price for this property is $596,000.
What are key features of this property?
This property features: Three‑unit brick building constructed in 1888; Two units are tenant‑occupied; the owner occupies the third; Unit 3 was redesigned in 2023 with an open living, dining and kitchen layout
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