6331 S Elizabeth Street, Chicago, IL 60636
Local realty services provided by:Better Homes and Gardens Real Estate Connections
6331 S Elizabeth Street,Chicago, IL 60636
$699,990
- 10 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jair reynaga
Office: epique realty inc
MLS#:12617016
Source:MLSNI
Price summary
- Price:$699,990
About this home
Turn-key 4-unit with major capital improvements, immediate rental income, and room to grow in one of Chicago's steadily appreciating neighborhoods. Three units were remodeled in 2024 and are currently leased, providing immediate rental income. The fourth unit was fully upgraded in 2026 with higher-end finishes, setting a strong rental standard for the property and future income growth. Major capital improvements include new electrical, plumbing, HVAC (2024) and a new roof (2024)-reducing near-term maintenance costs. A brand-new on-site laundry room with washer and dryer(2025) adds tenant convenience and additional income potential. There may also be potential to add a garden unit or a duplexed unit, creating another opportunity to increase unit count and/or more cash flow. The property is fully fenced and the owner currently maintains the adjacent vacant lot, which may offer future possibilities for expansion or development (buyer to verify). Adding to its character, the building was featured in a Spike Lee film, giving the property a unique piece of Chicago film history. Conveniently located ~15 minutes from downtown, ~10 minutes from Sox Stadium, and ~5 minutes from I-90/94....
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Home facts
- Year built:1910
- Listing ID #:12617016
- Updated:May 12, 2026 at 10:49 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:18
- Basement:Yes
- Basement Description:Finished, Full
Heating and cooling
- Heating:Steam
Structure and exterior
- Year built:1910
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$699,990
- Tax amount:$1,899 (2023)
Features and amenities
- Amenities:CO Detectors, Ceiling Fan(s)
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