NEW! Buy and sell safely with virtual options - Learn More
About the Listing 88403 - 884384
WELCOME TO ONE OF THE MOST UNIQUE ALL-BRICK 3-UNIT PROPERTIE'S with an ADDITIONAL NON-CONFORMING 4th UNIT, ideally situated on an oversized lot in the highly desirable Portage Park neighborhood. This unique property lives like a spacious single-family home while offering the opportunity to generate income from three additional units. The main residence is the true centerpiece, featuring a beautifully designed open floor plan with rich hardwood floors, newer windows, a stunning wood-burning fireplace, a completely updated kitchen, and tastefully updated bathrooms that elevate the home's comfort and style. The layout offers four large bedrooms and three full bathrooms, with a convenient in-unit stackable washer and dryer on the second floor. The finished basement adds even more versatility with an additional full bathroom and two extra rooms previously used as bedrooms, a full kitchen, and a living room ideal for extended living or additional rental use. The building also includes a connected brick coach house featuring a two-bedroom unit and a one-bedroom lower-level apartment, along with a common coin-operated laundry room equipped with two washers and two dryers for tenant use and additional income. Providing a total of two laundry areas in the building. Altogether, the property offers an impressive nine bedrooms and six bathrooms across all units. This home has undergone extensive renovations over the years, highlighted by a full gut rehab completed in 2021 featuring all new electrical, framing, foam insulation, subflooring, premium hardwood floors, new furnaces, and significant structural and interior upgrades. All units but one have central air and heat, along with their own water heater. Exterior improvements include a premium roof and siding (2012), east and west side fencing (2017 & 2020), and one of the property's most standout features-a rare, oversized rooftop deck built with permits and architectural plans, accessible from both the common hallway and the primary bedroom, making it perfect for entertaining and hosting. Even more unique, this multi-unit still offers an additional ground-level patio space for tenants to enjoy, a feature rarely found in similar properties. Situated on a wider lot, the property also includes a two-car brick garage plus additional rear parking for up to three vehicles. The backyard provides a peaceful and inviting setting with a large pine tree, ideal for relaxing or gathering around a fire pit. With long-term tenants currently in place at below-market rents, this property presents a strong value-add opportunity with significant upside potential. A rare opportunity to own a turnkey, income-producing property that seamlessly combines luxury living, scale, and exceptional outdoor space.
Listing Highlights
Status
Active
Days on Site
9
Property Type
Multi-Family
MLS ®
12612191
Year Built
1949
Total Square Footage
0
Lot/Acreage
4,687
Interior Details
- Bedrooms: 9
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full,Walk-Out Access
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 6
- Lot Dimensions: 4,687
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Detached,Unassigned,Garage Faces Side,Garage
Financial Details
- Tax Amount: $9,182
- Taxes w/Assessments: N/A
- Tax/Property ID: 13213030260000
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
5226 W Eddy St Chicago, IL 60641
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
