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$ 500,000
Est. payment /mo
New
327 S Richmond ST Chicago, IL 60612
6 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12699296
Bedrooms 6
Year Built 1903
Annual Tax Amount $10,732
Tax Year 2024
Lot Dimensions 25x126
Property Sub-Type Two to Four Units
Property Description
Fantastic investment opportunity in Chicago's East Garfield Park! This vacant 3-flat offers exceptional income potential and is being sold AS IS, making it an excellent opportunity for investors or owner-occupants looking to build equity. Ideally located with convenient access to downtown Chicago, this gated property features a detached 2.5-car garage with alley access and a fenced backyard. Each of the three units offers 2 bedrooms, 2 full bathrooms, and a private laundry room. The garden unit has its own private entrance and has been recently updated with luxury vinyl plank flooring, stylish cabinetry, and stainless steel appliances. The first and second floor units are accessed through the main building entrance and each includes a rear porch. Additional improvements include a roof replacement in 2020. With all units currently vacant, this property provides the flexibility to set your own rents, renovate to your specifications, or occupy one unit while generating rental income from the others. A rare opportunity with tremendous upside in a location offering easy access to transportation, downtown Chicago, and neighborhood amenities.
Location
State IL
County Cook
Area Chi - East Garfield Park
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Amy Kite of Keller Williams Infinity