Chicago, IL 60643,1302 W 98th Place
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Chicago, IL 60643,1302 W 98th Place
Chicago, IL 60643,1302 W 98th Place
Chicago, IL 60643,1302 W 98th Place
Chicago, IL 60643,1302 W 98th Place
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Listed by Jerome Harperof Keller Williams ONEChicago
$ 485,000
Est. payment /mo
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Active Under Contract

1302 W 98th Place Chicago, IL 60643

7 Beds


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12532572

Bedrooms 7

Year Built 1924

Annual Tax Amount $2,210

Tax Year 2023

Lot Dimensions 3813

Property Sub-Type Two to Four Units

Property Description

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. Improvements include a new roof, newer boiler, new gutter system, tuckpointed brick exterior, and a reinforced rear porch. These 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.

Location

State IL

County Cook

Rooms

Basement Unfinished, Full

Interior

Heating Radiator(s)

Fireplace N

Exterior

View Y/N true

Building

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) VOW
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Keller Elementary Gifted Magnet School

    Public | KG - 8

  • 10

    Lenart Elementary Regional Gifted Center

    Public | PK - 8

  • 10

    McDade Elementary Classical School

    Public | KG - 6

  • 7

    Kellogg Elementary School

    Public | KG - 8

  • 7

    Dixon Elementary School

    Public | PK - 8

  • 6

    Southeast Elementary School

    Public | KG - 6

  • 6

    Northeast Elementary School

    Public | PK - 6

  • 6

    Turner-Drew Elementary Language Academy

    Public | KG - 8

  • 5

    Clissold Elementary School

    Public | KG - 8

  • 5

    Sutherland Elementary School

    Public | KG - 8

  • 5

    Colemon Elementary Academy

    Public | PK - 8

  • 5

    Barnard Elementary School

    Public | KG - 8

  • 5

    Whistler Elementary School

    Public | PK - 8

  • 5

    Kipling Elementary School

    Public | KG - 8

  • 4

    Meadow Lane School

    Public | 3 - 5

  • 4

    Esmond Elementary School

    Public | PK - 8

  • 4

    Vanderpoel Elementary Magnet School

    Public | KG - 8

  • 4

    Shoop Math-Science Technical Academy Elementary School

    Public | PK - 8

  • 4

    W. Green Elementary School

    Public | KG - 8

  • 4

    Higgins Elementary Community Academy

    Public | PK - 8

Middle Schools 1
  • 0

    Banner Therapeutic Day School

    Private | 7 - 12

High Schools 13
  • 10

    Brooks College Preparatory Academy High School

    Public | 9 - 12

  • 8

    Evergreen Park High School

    Public | 9 - 12

  • 6

    Fenger Academy High School

    Public | 9 - 12

  • 6

    Harlan Community Academy High School

    Public | 9 - 12

  • 5

    Julian High School

    Public | 9 - 12

  • 5

    Simeon Career Academy High School

    Public | 9 - 12

  • 4

    Morgan Park High School

    Public | 9 - 12

  • 0

    Southside Occupational Academy High School

    Public | 12 - 12

  • 0

    Prologue - Johnston Fine Arts High School

    Public | 9 - 12

  • 0

    Chicago Excel Academy High School

    Public | 9 - 12

  • 0

    Leo Catholic High School

    Private | 9 - 12

  • 0

    Pnuema Institute

    Private | 9 - 12

  • 0

    Banner Academy South

    Private | 9 - 12

School and business data provided by Attom Data.
Mayra Pezzella

Mayra Pezzella

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+1(224) 508-1554

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1302 W 98th Place