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Listed price in listed location currency (USD).
$485,000

640

MLS® 12532572

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $2,210
Days Active 0
Lot Size 
Approx. Age 1924
MLS® Number 12532572

Property Address: 1302 W 98th Pl, CHICAGO, IL, 60643-1442

Average square foot calculated using Size range provided by listing agent.

Description

This well maintained four unit brick building on a quiet Washington Heights block offers a strong entry point for both seasoned investors and those purchasing their first multifamily property. The building includes three two bedroom units and one spacious one bedroom unit. One unit has been recently renovated, while the remaining apartments are occupied by long term tenants, providing immediate income with room to grow over time. Each unit features a practical layout with good natural light and comfortable living space. Significant updates have already been completed, reducing near term maintenance concerns. Improvements include a new roof, newer boiler, new gutter system, tuckpointed brick exterior, and a reinforced rear porch. These upgrades help the property run efficiently and make ownership more predictable, an important factor for newer investors. For an owner occupant, this property offers the ability to live in one unit while rental income helps offset monthly expenses. For investors, it represents a stabilized asset in an established South Side neighborhood with consistent housing demand. Washington Heights offers access to schools, public transportation, neighborhood retail, and the I 57 expressway. Well cared for four unit buildings like this remain limited in the Chicago market, making this a practical and durable long term investment.
MLS® Number12532572
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1924
BasementUnfinished, Full
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 16, 2025List Date
$485,000List Price
Feb 6, 2024End Date
$365,000Sold Price

Sold

Feb 6, 2024List Date
$385,000List Price
  • Commute

Commute

Starting Address
Destination Address
1302 W 98 Th Pl, CHICAGO, IL

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