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$485,000
77 Days On Site

1302 W 98th Place
Chicago, IL 60643

For Sale|Multi Family|Active Under Contract
7
Beds
4
Total Baths
1924
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Keller Williams ONEChicago
Call Now: 312-767-7744
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312-767-7744
1302 W 98th Place1302 W 98th Place1302 W 98th Place1302 W 98th Place
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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. Recent 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.

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Listing Snapshot
Price 
$485,000
Days On Site 
77 Days
Bedrooms 
7
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1924
MLS® Number 
12532572
Status 
Active Under Contract
Property Tax 
$2,210.1
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoStatus changed to Active Under Contract
3 months agoListing first seen on site
General Features
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Interior Features
Basement 
UnfinishedFull
Heating 
Hot Water
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - Washington Heights
School District 
299
Township 
Hyde Park
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Keller Williams ONEChicago



Based on information submitted to the MLS GRID as of 2026-03-03 12:45 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: 2026-03-03 12:45 PM UTC
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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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