327 S Richmond St

Chicago, IL 60612
  • $500,000

    Price
  • 6

    Bed
  • 6

    Bath
  • 0

    SqFt

About the Listing 24695 - 20691,247723

Fantastic investment opportunity in Chicago's East Garfield Park! This vacant 3-flat offers exceptional income potential and is being sold AS IS, making it an excellent opportunity for investors or owner-occupants looking to build equity. Ideally located with convenient access to downtown Chicago, this gated property features a detached 2.5-car garage with alley access and a fenced backyard. Each of the three units offers 2 bedrooms, 2 full bathrooms, and a private laundry room. The garden unit has its own private entrance and has been recently updated with luxury vinyl plank flooring, stylish cabinetry, and stainless steel appliances. The first and second floor units are accessed through the main building entrance and each includes a rear porch. Additional improvements include a roof replacement in 2020. With all units currently vacant, this property provides the flexibility to set your own rents, renovate to your specifications, or occupy one unit while generating rental income from the others. A rare opportunity with tremendous upside in a location offering easy access to transportation, downtown Chicago, and neighborhood amenities.

Listing Highlights

Status Active
Days on Site 6
Property Type Multi-Family
MLS ® 12699296
Year Built 1903
Total Square Footage 0
Lot/Acreage 25x126
County Cook
School District 299

Interior Details

  • Bedrooms: 6
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full
  • Other:
  • Water: Lake Michigan,Public

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 25x126
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Garage Owned,Detached,Garage

Financial Details

  • Tax Amount: $10,732
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16131220361001
  • Tax Year: 2024

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Questions About..

327 S Richmond St Chicago, IL 60612

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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