$545,000
 $2,926 est/mo Sourced by Back At You

1656 E 84th Street,Chicago, IL 60617

Chicago, IL 60617

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Description

Solid, Fully Occupied Income-Generating 4-Unit Brick Building! This well-maintained investment property is being sold AS-IS and offers immediate rental income with numerous updates and improvements already completed. In 2019, each unit was upgraded with new individual heat and air-conditioning. Kitchens and bathrooms were remodeled, hardwood floors were refinished, and a new master key system was installed throughout the building. Recent improvements include a new hot water heater in 2026, roof recoating, new gutters and in 2025, coin-operated laundry, garage space and storage lockers rented separately providing an additional source of income. All four units are currently occupied, and tenants pay their own utilities except water. A great opportunity for an investor looking for a solid, income-producing property on quiet block with substantial improvements already in place. A must-see!

Details

MLS #12754557
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1923
Days On Site47
Listing Provided ByEXIT Strategy Realty | Stephne Pettitt-Gaines

Features

Bed(s)6
Bath(s)6
Garage2
BasementY
ZoningMULTI
Acreage0.10

Interior

Rooms Total18
HeatingForced Air
Window FeaturesScreens

Exterior

RoofRubber
Lot FeaturesCorner Lot
Construction MaterialsBrick

Parking

Parking FeaturesGarage Door Opener, Yes, Garage Owned, Detached, Garage
Garage Spaces2

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Sidewalks, Street Lights, Street Paved

Taxes

Tax Year2025
Tax Annual Amount7023.58

Area Information

StateIL
CountyCook
CityChicago
Zip Code60617
AreaCHI Avalon Park
Listing VS Median (in 60617)
Price:
$545,000
low | high
Med:
$214,900
100% of Average
On site:
47
low | high
Med:
19
100% of Average
Sourced by Back At You

Market Activity 60617

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60617
AreaCHI Avalon Park
Listing VS Median (in 60617)
Price:
$545,000
low | high
Med:
$214,900
100% of Average
On site:
47
low | high
Med:
19
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $408K - $681K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
8257 S Blackstone Avenue Property Photo 1
$415,000
8257 S Blackstone Avenue
Chicago, IL 60619
8307 S South Chicago Avenue Property Photo 1
$600,000
8307 S South Chicago Avenue
Chicago, IL 60617
Listing Updated: October 16, 2026 at 2:25:28 PM PDT
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