5203 S Peoria Street, Chicago, IL
  • $675,000

Description

Exceptional investment opportunity in the rapidly growing New City neighborhood! This brand-new LEGAL 4-unit gut rehab was completely rebuilt down to the studs, offering turnkey ownership with modern finishes and major system upgrades throughout. The property features a total of 8 bedrooms and 4 bathrooms across spacious units designed for strong rental appeal and low maintenance ownership. Major capital improvements include all new HVAC systems, plumbing, electrical, roof, windows, and a newly installed concrete parking pad with a secure front metal fence. Each unit showcases modern white shaker cabinetry, quartz countertops, stainless steel appliances, waterproof LVP flooring, in-unit laundry hookups, and updated contemporary finishes throughout. The property also includes partially finished basements offering additional storage or future value-add potential. Ideal for investors seeking a stabilized, low-maintenance asset with strong income potential in an appreciating area. Located near minutes from Rate Field, expressways, schools, transportation, shopping. Schedule a tour!

  • Listing Courtesy of: Cloud Gate Realty LLC

Details

Updated on June 8, 2026 at 6:54 pm
  • Property ID MRD12671440
  • Price $675,000
  • Bedrooms 8
  • Year Built 1925
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 2
  • Parcel Number 20084140010000
  • Water Source Public
  • Sewer Public Sewer
  • MLS Status New
  • Cumulative Days On Market 1
  • Heating Forced Air
  • Parking Features Yes
  • Directions HALSTED N/S TO 51ST TO PEORIA SOUTH TO ADDRESS
  • Zoning MULTI
  • Address 5203 S Peoria Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60609
  • Country United States

Overview

Property ID: MRD12671440
  • Multi Family
  • Property Type
  • 8
  • Bedrooms
  • 1925
  • Year Built

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