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$2,875,000
12715402 MLS ACTIVE Status
844-846 W. Lakeside Pl., a classic center-entrance six-flat apartment building located in Chicago's Uptown neighborhood, a short walk from Lake Michigan and Montrose Harbor. The Property consists of five (5) three-bedroom/two-bathroom units and one (1) four-bedroom/two-bathroom unit, with each apartment measuring approximately 1,600 square feet. The Offering also includes five (5) garage parking spaces and a basement workspace currently rented for $550/month. Tenants have large private storage spaces in the basement as well. The apartments showcase preserved vintage character - coffered ceilings, wainscoting, crown molding, decorative fireplaces, and built-in cabinetry - paired with select unit-level updates including refinished hardwood floors, quartz countertops, stainless-steel appliances, HVAC, in-unit washer/dryers, and renovated bathrooms. Capital improvements include a fully rebuilt rear porch system (2023) and a 400-amp electrical service upgrade (2016). A new owner may choose to pursue additional cosmetic renovations to kitchens and bathrooms to push rents above current market levels, building on the unit modernization already completed elsewhere in the building. The Property may also support the addition of an Accessory dwelling unit (ADU) or two, pending city approval. 844-846 W. Lakeside Pl. is ideally situated on a quiet, tree-lined street one block from the Lakefront Trail and Montrose Harbor, with three CTA stations nearby - Lawrence Red Line (7 minutes), Wilson Red/Purple (8 minutes), and Argyle Red Line (10 minutes) - all providing direct service to the Loop.

844 W Lakeside Place, Chicago

$2,140,000
12684909 MLS CLOSED Status
Rare opportunity to acquire a fully renovated, income-producing multifamily property in Chicago's highly desirable Uptown neighborhood. This well-maintained asset consists of 6 spacious apartments and 5 on-site parking spaces, with a significant value-add component through city-approved plans for 2 additional ADU units in the basement. The property has undergone extensive capital improvements, including a complete upgrade of the heating and cooling systems to modern HVAC throughout all units in late 2025. Interiors feature ultra-modern kitchens with stainless steel appliances, beautifully renovated bathrooms, abundant natural light, and contemporary finishes designed to attract and retain quality tenants. Current rents exceed $2,600 per unit, providing strong in-place income with additional upside through continued rent optimization and the future ADU expansion. Ownership has already secured city approvals, permits, and architectural/MEP plans for the basement conversion, allowing a new owner to immediately pursue development of the additional units. Ideally located just minutes from the Wilson Red Line station, the property offers convenient access to downtown Chicago while benefiting from Uptown's vibrant dining, entertainment, and retail scene. Nearby attractions include Truman College, local cafes, restaurants, and neighborhood amenities that continue to drive strong rental demand. This offering presents a compelling combination of stabilized income, recent capital improvements, and immediate expansion potential in one of Chicago's most dynamic rental submarkets.

4431 N Racine Avenue, Chicago

$1,230,000
12430995 MLS CLOSED Status
Rare opportunity to acquire a renovated multifamily building in the heart of Uptown, one of Chicago's most vibrant and transit-oriented neighborhoods. Renovated in the past 10 years, the property features six modern residential units with individual HVAC and efficient layouts. This investment offers stable income with significant immediate upside for the next owner. The partially finished basement also provides the potential for a 7th unit as a 2-bedroom accessory dwelling unit (ADU). In-place rents are below market averages, promising substantial upside. With the grand reopening of the Lawrence Red Line station after a four-year, multibillion-dollar reconstruction, tenant demand is expected to rise significantly. The improved accessibility to public transportation, combined with the property's proximity to Uptown's entertainment district and lakefront amenities, positions it perfectly for strong rent growth potential and long-term appreciation. The building is ideally situated next to a brand-new public park and steps from iconic venues like the Aragon Ballroom, Riviera Theatre, and Green Mill Lounge. The popularity of these venues drives consistent demand for off-street parking, creating an additional income opportunity via platforms like SpotHero. The neighborhood's walkability, easy access to Lake Shore Drive, and thriving retail and dining scene make this a prime investment opportunity.

4832 N Winthrop Avenue, Chicago

$642,500
7 Beds 3 Baths 11832140 MLS CLOSED Status
Perfect investment opportunity for investors/owners who have the vision! With some TLC, this place has a lot of potential to shine and greatly increase in value. This is a two-flat classic greystone building on an oversized Chicago lot 37.5 x 150 feet. Three bedrooms, one bath on the second floor; two bedrooms, one bath on the first floor. Both apartments have separate living rooms and dining rooms. (Right now the living room on the first floor has been used as the third bedroom, but can easily convert it back). The in-law apartment in the basement has two bedrooms and one bathroom. Enclosed porches. Very very low rent due to longtime tenants. There's a two-car garage and five spots of parking space at the back of the building--perfect to earn extra income. The rubber roof is about 7 years old. All double-panel windows. Gas furnace forced-air system. 3 hot water tanks, each 140 gallons. Separate utilities. Fantastic location--convenient and only half a block from Argyle red line station, and a few blocks from Lake Michigan. Walking distance to the school, library, grocery stores, restaurants, Parks and nightlife entertainment (ie Aragon Ballroom, and the Riviera Theater). The building is sold in as-is condition. Neither seller nor agent represents the legality of the basement unit. This property is on ADU area.

5039 N Winthrop Avenue, Chicago



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