6923 S Sangamon Street, Chicago, IL
  • $450,000

Description

Excellent investment opportunity! Well-maintained 4-unit building featuring four 2-bedroom, 1-bath units on a quiet residential block. Three units are currently occupied, including two Section 8 tenants and one market-rate tenant, providing immediate cash flow. One vacant unit offers the perfect opportunity for an owner-occupant or additional rental income. The occupied units include a stove and refrigerator. Prior to closing, the vacant unit will be equipped with a stove, refrigerator, dishwasher, and microwave. Major updates include two brand-new boilers installed within the last year. The roof and exterior have been consistently maintained by ownership. Owner currently pays heat, hot water, water, and trash, while tenants are responsible for cooking gas and electricity. Strong income-producing property with stable tenancy and room for additional upside. Whether you’re looking to expand your portfolio or live in one unit while collecting rent from the others, this property is a must-see!

  • Listing Courtesy of: Keller Williams Preferred Rlty

Details

Updated on June 5, 2026 at 11:22 am
  • Property ID MRD12657811
  • Price $450,000
  • Bedrooms 8
  • Year Built 1911
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 20204210090000
  • Water Source Lake Michigan
  • Sewer Public Sewer
  • MLS Status Active
  • Days On Market 7
  • Cumulative Days On Market 6
  • Tax Annual Amount 3155.42
  • Heating Natural Gas
  • Directions From downtown Chicago: Take I-90/94 Dan Ryan Expressway to 69th Street exit, head west to Sangamon Street, then south to property.
  • Address 6923 S Sangamon Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60621
  • Country United States

Overview

Property ID: MRD12657811
  • Multi Family
  • Property Type
  • 8
  • Bedrooms
  • 1911
  • Year Built

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