4400-4402 S HONORE Crest, Chicago, IL
  • $650,000
  • $675,000

Description

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*

  • Listing Courtesy of: RE/MAX Mi Casa

Details

Updated on June 28, 2026 at 12:59 pm
  • Property ID MRD12618581
  • Price $650,000
  • Year Built 1909
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 20064070220000
  • MLS Status Active
  • Days On Market 75
  • Cumulative Days On Market 50
  • Tax Annual Amount 15997
  • Cooling None
  • Directions ASHLAND TO 43RD/WEST TO HONORE/SOUTH
  • LotSizeSquareFeet 5800
  • StoriesTotal 3
  • Zoning MULTI
  • Address 4400-4402 S HONORE Crest
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60609
  • Country United States

Overview

Property ID: MRD12618581
  • Multi Family
  • Property Type
  • 1909
  • Year Built

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%