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