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$1,399,900
22 Days On Site

4200 W 31st Street
Chicago, IL 60623

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1925
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX Premier
Call Now: 312-767-7744
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312-767-7744
4200 W 31st Street4200 W 31st Street4200 W 31st Street4200 W 31st Street
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An excellent opportunity to own a fully renovated 8-unit multifamily building in a thriving Chicago neighborhood. Each unit features 2 bedrooms, and all are currently leased, generating $111,000 annually in rental income. Over the years, the property has been thoughtfully updated with newer water heaters, furnaces, and A/C units. All units have been gut rehabbed, offering sleek kitchens, modern bathrooms, and updated flooring throughout. Tenants pay their own gas and electricity, keeping operating expenses low. All appliances are included, and the building has been consistently well-maintained with minimal ongoing maintenance needs. Ideally located across from Piotrowski Park, residents enjoy convenient access to green space, daily exercise, and family-friendly activities. The surrounding neighborhood is vibrant and walkable, with local dining, shops, and public transportation nearby. This is a turnkey investment; just purchase and start collecting rent.

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Listing Snapshot
Price 
$1,399,900
Days On Site 
22 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.08 Acres
Year Built 
1925
MLS® Number 
12437992
Status 
Active
Property Tax 
$16,334.23
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
6 days agoStatus changed to Active
2 weeks agoPrice changed to $1,399,900
3 weeks agoListing first seen on site
General Features
Acres 
0.08
Additional Property Use 
Multi-Family
Number Of Stories 
2
Property Sub Type 
Multi Family
Zoning 
MULTI
Interior Features
Basement 
Partially Finished
Cooling 
Central Air
Electric 
Circuit Breakers
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - South Lawndale
Township 
West Chicago
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX Premier



Based on information submitted to the MLS GRID as of 2025-08-27 06:49 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-08-27 06:49 PM UTC
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Neighborhood & Commute
Source: Walkscore
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