Exceptional investment opportunity in the rapidly growing New City neighborhood! This brand-new LEGAL 4-unit gut rehab was completely rebuilt down to the studs, offering turnkey ownership with modern finishes and major system upgrades throughout. The property features a total of 8 bedrooms and 4 bathrooms across spacious units designed for strong rental appeal and low maintenance ownership. Major capital improvements include all new HVAC systems, plumbing, electrical, roof, windows, and a newly installed concrete parking pad with a secure front metal fence. Each unit showcases modern white shaker cabinetry, quartz countertops, stainless steel appliances, waterproof LVP flooring, in-unit laundry hookups, and updated contemporary finishes throughout. The property also includes partially finished basements offering additional storage or future value-add potential. Ideal for investors seeking a stabilized, low-maintenance asset with strong income potential in an appreciating area. Located near minutes from Rate Field, expressways, schools, transportation, shopping. Schedule a tour!
Listed By
Agency Name: Cloud Gate Realty LLC
Agency Phone: 773-888-1220
Shown By
Agent Name: David Dale Johnson
Agent Phone: (815) 494-2443
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Estimated Payment
$ 1,759.55 per month $1,555.67 Principal & Interest $0.00 Property Tax (data not provided by mls) $203.88 Homeowner's Insurance
5203 S Peoria Street | MLS# 12654464
This multi-family property located at 5203 S Peoria Street, Chicago, IL 60609 is currently listed for sale with an asking price of $699,000. S Peoria Street is located within the District 299 school district. Search Chicago real estate on ddj.bhhscrosby.com today.