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Stephne Pettitt-Gaines of EXIT Strategy Realty
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1656 E 84th St, Chicago, IL 60617

$545,000
•
  • 6

    bed

  • 6

    bath

Multi-family for sale 2 hours
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About 1656 E 84th St

Property type Multi-family
Neighborhood
Year built 1923
HOA fee $0/month
Lot size 4,356 Sqft
Movoto estimate
Parking 2 garage spaces
Property description
Solid, Fully Occupied Income-Generating 4-Unit Brick Building! This well-maintained investment property is being sold AS-IS and offers immediate rental income with numerous updates and improvements already completed. In 2019, each unit was upgraded with new individual heat and air-conditioning. Kitchens and bathrooms were remodeled, hardwood floors were refinished, and a new master key system was installed throughout the building. Recent improvements include a new hot water heater in 2026, roof recoating, new gutters and in 2025, coin-operated laundry, garage space and storage lockers rented separately providing an additional source of income. All four units are currently occupied, and tenants pay their own utilities except water. A great opportunity for an investor looking for a solid, income-producing property on quiet block with substantial improvements already in place. A must-see! Check us out this Saturday from 11 AM-1 PM by appointment only. Schedule your appointment today!
Listed by
Listing Agent - Stephne Pettitt-Gaines
Listing Office - EXIT Strategy Realty
Source: MRED mls logo
MLS#12754557 • last updated 2 hours ago
Movoto checked MRED for data 17 minutes ago
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Overview
Heating Forced Air
MLS # 12754557
Virtual Tour N/A
SubType 4 Flat
Status New
Type Two To Four Units
Lot Size (Acres) 0.1
Property Tax $ 7023.58
Year Built 1923
Interior
Total # of Rooms 18
Windows Screens
Exterior
Roof Rubber
Construction Brick
# Garage Spaces 2
Other Structures Storage
Lot Desc .25-.49 Acre, Corner Lot
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
# Units in Building 4
Location
Area CHI - Avalon Park
County Cook
Elementary School District 299
Middle School District 299
High School District 299
APN 20363020390000
Zoning MULTI
Directions STONY ISLAND NORTH OR SOUTH TO 84TH EAST TO PROPERTY
Multifamily Details
Expense: Insurance 6500
Expense: Electricity 600
Expense: Management 3600
Expense: Water/ Sewer 1500
Total Rental Income 51600
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4/10
Caldwell Elementary Academy Of Math & Sci
public Grades PK, K-8
Chicago Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
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  • Avalon Park
  • 1656 E 84th St

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