45
See all 45 photos
$699,990
Est. payment /mo
10 Beds
4 Baths
New
6331 S Elizabeth ST Chicago, IL 60636
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12617016
Bedrooms 10
Year Built 1910
Annual Tax Amount $1,899
Tax Year 2023
Lot Dimensions 30 X 125
Property Sub-Type Two to Four Units
Property Description
Turn-key 4-unit with major capital improvements, immediate rental income, and room to grow in one of Chicago's steadily appreciating neighborhoods. Three units were remodeled in 2024 and are currently leased, providing immediate rental income. The fourth unit was fully upgraded in 2026 with higher-end finishes, setting a strong rental standard for the property and future income growth. Major capital improvements include new electrical, plumbing, HVAC (2024) and a new roof (2024)-reducing near-term maintenance costs. A brand-new on-site laundry room with washer and dryer(2025) adds tenant convenience and additional income potential. There may also be potential to add a garden unit or a duplexed unit, creating another opportunity to increase unit count and/or more cash flow. The property is fully fenced and the owner currently maintains the adjacent vacant lot, which may offer future possibilities for expansion or development (buyer to verify). Adding to its character, the building was featured in a Spike Lee film, giving the property a unique piece of Chicago film history. Conveniently located ~15 minutes from downtown, ~10 minutes from Sox Stadium, and ~5 minutes from I-90/94.
Location
State IL
County Cook
Area Chi - West Englewood
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Steam
Equipment CO Detectors, Ceiling Fan(s), Water Heater-Gas
Fireplace N
Exterior
Roof Type Tar/Gravel
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jair Reynaga of Epique Realty Inc
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