2705 W Congress Parkway, Chicago, Illinois 60612

$800,000
6
BD
6
BA

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Sold Price
$800,000
List Price
$799,900
Closing Date
Mar 27, 2026
MLS#
12566240
Status
CLOSED
Type
Multifamily
Subtype
Residential Income
Bedrooms
6
Bathrooms
6
Gross Rental Income
$91,800
County
Cook
City
Chicago
Neighborhood
Lawndale
Days On Market
5

Property Description

Experience the pinnacle of turnkey investing with this impeccably-maintained 3-unit powerhouse, custom-tailored for the lucrative medical professional and short-term rental niches. Built in 2000 and extensively revitalized through 2024, this property eliminates "vintage building" concerns with updated HVAC systems in 2022 and 2023, fresh masonry tuckpointing, and a crisp, fresh modern interior paint palette. Each unit is a masterclass in functional luxury, boasting granite bathrooms with Jacuzzi tubs, refinished hardwoods, and designer-curated kitchens. Strategically positioned for both the Airbnb and traveling nurse markets, 2 of the 3 units come fully furnished and ready for immediate booking with consistent monthly income over ($3,000 per month). For the owner-occupant or savvy investor, the 2nd floor serves as a spacious, sun-drenched retreat. Managed with effortless precision via integrated Nest and Ring smart tech, the property features gated parking and sits in an unbeatable location, where the United Center meets East Garfield Park. Just a short walk to the Western Blue Line, Pete's Fresh Market, and the world-class Medical District, this is your chance to move in, scale your Airbnb portfolio, or collect premium rents from Day 1.

Additional Information

School District
299
Corporate Limits
Chicago
Tax Year
2024
Tax Amount
$9,477
Year Built
2000
Lot Dimensions
25 x 102
Lot Size Range
Less Than .25 Acre
Units
3
Parking Spaces
3
Parking Details
Yes, Owned
Heating
Natural Gas, Forced Air
Sewer
Public Sewer
Total Rental Income
$91,800

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Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid

Selling Office: Universal Real Estate LLC.



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