Home For Sale near Lake Michigan - Cook County

Solid Chicago Brick 4-FLAT On Bright Corner Facing Park with Sun-Drenched Updated Units To Make You $81K annual rent at only a 550 k price point, less than 1 MILE TO QUANTUM SHORE park expected to have a $20 billion impact and bring thousands of jobs over the next decade (that's O'Hare Airport-level impact). The rents vs price and appreciation make this an amazing deal (GRM is below a 7 . Investment Math is excellent: 7 ie. 81 x 7 = 567 value). You layout twice as much for the same rent elsewhere in this city not next to Billion Dollar Dev's with government backed future. This is a strategic positioning play for * House hackers * Long-term buy-and-hold investors * Portfolio builders seeking early infrastructure alignment. Projected recently improved and professionally managed. Rental Income $6,830/month * All tenants have consistent history. * Plug-in ready with owner-occupy loan option ( we will vacate a unit for owner occupier). The Building has 11 Bedrooms | 5 Baths, As stated Approx. 1,600 SF per floor (true jumbo Chicago layouts). Units have Fireplaces, Popular Exposed brick, Hardwood floors, New furnaces * Cabinetry * New gas meters/lines * and Much More. Many Updates within last 10 years * 3-Car garage with new doors * Two open space yards (front and back) * Enclosed rear porch (no exterior stair shoveling). Simply put this is a Solid, updated, oversized 4 unit that is income-producing and has a Excellent Appreciation location. Location & Transit basics: * Bessemer Park directly across the street * 1 minute to Skyway (90/94 access) * Lake Shore Drive access * Metra access (2 station options) * Six bus routes * Steelworkers Park and lakefront nearby * Commercial Ave shopping corridor plus new TIF district * Indiana retail minutes away.

Open house: 2/28 11:30 - 13:00, 3/2 12:00 - 13:00, 3/7 12:00 - 14:00, 3/8 12:00 - 14:00

Property Details

  • Beds: 12
  • Baths: 5.0
  • Year Built: 0
  • Location: Lake Michigan - Cook County
  • County: Cook County
  • Heat/AC: Space Heater, Natural Gas
  • Garage: Open, Garage
  • Siding: Brick
  • Roof: Rubber
  • Property Taxes: $6,771
  • MLS #: 12566245

Location

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Contact Information:

Contact Agent
Listing Agent: Phillip Buoscio, Keller Williams Chicago ONEChicago, 312-216-2422, 312-216-2422 Listing Site, Listing Status: Active
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Ad Statistics:

Lake Home For Sale in Chicago, Illinois
Ad Number : 7331170
Viewed: 1 times
Added: Feb 27, 2026
Updated on: Feb 27, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.