Excellent investment opportunity in the New City area! This mixed-use property offers strong income potential with 8 residential units plus 1 storefront, providing multiple streams of revenue. The building features a desirable unit mix, including two 4-bedroom units, one 5-bedroom unit, one 3-bedroom unit, and four 2-bedroom units, appealing to a wide range of tenants. Most apartments have been updated, and each unit is equipped with separate heat and electric, helping to reduce owner expenses and simplify management. The storefront is currently vacant, creating a great opportunity for an owner-user to start a business or lease for additional income. The property is well-maintained and currently occupied by long-term tenants, with rents below market value, offering significant upside potential for increased cash flow. No leases in place provide added flexibility for future plans. Conveniently located near major streets, public transportation, and local amenities. A solid opportunity for investors looking to build equity and maximize returns in a growing area. *FULL UNFINISHED BASEMENT*
Details
MLS #
12725345
Listing Type
For Sale
Style
Mixed Use
Sub-Type
Resale
Status
Active
Year
1909
Days On Site
54
Listing Provided By
RE/MAX Mi Casa | Maria Castillo
Features
Story(s)
3
Units
9
Zoning
MULTI
Interior
Cooling
None
Exterior
Foundation Details
Concrete Perimeter
Construction Materials
Brick
Utilities
Electric
Circuit Breakers
Taxes
Tax Year
2024
Tax Annual Amount
15997
Area Information
State
IL
County
Cook
City
Chicago
Zip Code
60609
Area
CHI New City
Listing VS Median (in 60609)
Price: $599,900
low | high
Med: $266,500
100% of Average
On site: 54
low | high
Med: 32.5
100% of Average
Sourced by Back At You
Market Activity 60609
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 7
Avg $ Per SqFt: $195.97
Min Sale Price: $118,000
Max Sale Price: $605,000
Med Sale Price: $259,000
Date: Jul 2026
Sales: 11
Avg $ Per SqFt: $211.68
Min Sale Price: $16,000
Max Sale Price: $539,000
Med Sale Price: $229,000
Date: Jun 2026
Sales: 23
Avg $ Per SqFt: $228.2
Min Sale Price: $115,000
Max Sale Price: $820,000
Med Sale Price: $374,000
Date: May 2026
Sales: 25
Avg $ Per SqFt: $204.14
Min Sale Price: $36,000
Max Sale Price: $700,000
Med Sale Price: $365,000
Date: Apr 2026
Sales: 27
Avg $ Per SqFt: $246.26
Min Sale Price: $75,000
Max Sale Price: $980,000
Med Sale Price: $336,000
Date: Mar 2026
Sales: 18
Avg $ Per SqFt: $215.64
Min Sale Price: $115,000
Max Sale Price: $775,000
Med Sale Price: $265,000
Date: Feb 2026
Sales: 26
Avg $ Per SqFt: $209.83
Min Sale Price: $34,000
Max Sale Price: $616,000
Med Sale Price: $292,500
Date: Jan 2026
Sales: 17
Avg $ Per SqFt: $177.83
Min Sale Price: $20,000
Max Sale Price: $665,500
Med Sale Price: $287,500
Date: Dec 2025
Sales: 22
Avg $ Per SqFt: $210.94
Min Sale Price: $10,000
Max Sale Price: $655,000
Med Sale Price: $245,000
Date: Nov 2025
Sales: 23
Avg $ Per SqFt: $142.51
Min Sale Price: $14,000
Max Sale Price: $639,000
Med Sale Price: $238,000
Date: Oct 2025
Sales: 17
Avg $ Per SqFt: $238.21
Min Sale Price: $130,000
Max Sale Price: $740,000
Med Sale Price: $365,000
Date: Sep 2025
Sales: 31
Avg $ Per SqFt: $181.05
Min Sale Price: $25,500
Max Sale Price: $2,088,888
Med Sale Price: $375,000
Sourced by Back At You
Aug 2026
Sales:
7
Avg $ Per SqFt:
$195.97
Min Sale Price:
$118,000
Max Sale Price:
$605,000
Med Sale Price:
$259,000
Jul 2026
Sales:
11
Avg $ Per SqFt:
$211.68
Min Sale Price:
$16,000
Max Sale Price:
$539,000
Med Sale Price:
$229,000
Jun 2026
Sales:
23
Avg $ Per SqFt:
$228.2
Min Sale Price:
$115,000
Max Sale Price:
$820,000
Med Sale Price:
$374,000
May 2026
Sales:
25
Avg $ Per SqFt:
$204.14
Min Sale Price:
$36,000
Max Sale Price:
$700,000
Med Sale Price:
$365,000
Apr 2026
Sales:
27
Avg $ Per SqFt:
$246.26
Min Sale Price:
$75,000
Max Sale Price:
$980,000
Med Sale Price:
$336,000
Mar 2026
Sales:
18
Avg $ Per SqFt:
$215.64
Min Sale Price:
$115,000
Max Sale Price:
$775,000
Med Sale Price:
$265,000
Feb 2026
Sales:
26
Avg $ Per SqFt:
$209.83
Min Sale Price:
$34,000
Max Sale Price:
$616,000
Med Sale Price:
$292,500
Jan 2026
Sales:
17
Avg $ Per SqFt:
$177.83
Min Sale Price:
$20,000
Max Sale Price:
$665,500
Med Sale Price:
$287,500
Dec 2025
Sales:
22
Avg $ Per SqFt:
$210.94
Min Sale Price:
$10,000
Max Sale Price:
$655,000
Med Sale Price:
$245,000
Nov 2025
Sales:
23
Avg $ Per SqFt:
$142.51
Min Sale Price:
$14,000
Max Sale Price:
$639,000
Med Sale Price:
$238,000
Oct 2025
Sales:
17
Avg $ Per SqFt:
$238.21
Min Sale Price:
$130,000
Max Sale Price:
$740,000
Med Sale Price:
$365,000
Sep 2025
Sales:
31
Avg $ Per SqFt:
$181.05
Min Sale Price:
$25,500
Max Sale Price:
$2,088,888
Med Sale Price:
$375,000
MLS Number: 12725345
Maria Castillo – (773) 767-1616 – mcastillo@micasarealtors.com
RE/MAX Mi Casa – (773) 767-1616
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MLS Number: 12725345
Maria Castillo – (773) 767-1616 – mcastillo@micasarealtors.com
