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Listed price in listed location currency (USD).
$712,000
$749,999

632

MLS® 12382498

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $8,905
Lot Size 0.07 acres
Approx. Age 
MLS® Number 12382498

Property Address: 3116 S Canal St, Chicago, IL, 60616-3735

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

Description

First Time on the Market in 40 Years - Turnkey 3-Unit in the Heart of Bridgeport! This exceptionally well-maintained legal three-unit building is a rare find in one of Bridgeport's most desirable locations. Pride of ownership shows throughout, with nearly one hundred thousand dollars in upgrades over the past four years-this is a turnkey investment. All units have separate utilities, and individual HVAC systems with central air. Most of the mechanicals have been replaced in the past 3 years. The rear porch was rebuilt and is city code compliant. Windows have been replaced, along with exterior doors. The top two units were recently remodeled with modern finishes. The basement is large, empty, and clean. The detached two car garage and shared coin operated laundry add additional income. The property is fully occupied with leases through Spring 2026, offering immediate cash flow. Current rents are below market value. Located just steps from Bridgeport's growing retail corridor, the Red Line, Guaranteed Rate Field, IIT, and the lakefront, this is an unbeatable location for long-term value and tenant demand.
MLS® Number12382498
Laundry Level
Central VacNo
FireplaceNo
Acreage0.07
Exterior
GarageYes
Approx. Age
BasementUnfinished, Full
DrivewayOn Site, Garage Owned, Detached, Garage
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Jun 23, 2025End Date
$712,000Sold Price

Sold

Jun 3, 2025List Date
$749,999List Price
  • Commute

Commute

Starting Address
Destination Address
3116 S Canal St, Chicago, IL

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