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460 W 28th Place, Chicago, IL 60616

$1,299,000
  • 460 W 28th Place, Chicago, IL 60616 Main Photo

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Active
BEDS0 BATHS SQUARE FEET3,960 MLS#12611934
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

This well-maintained brick 6-unit building presents a compelling investment opportunity featuring a desirable unit mix of two (2) 2-bedroom / 2-bath apartments, two (2) 2 Bedroom/1 -Bath Units and two (2) 1-bedroom / 1-bath units. The property offers apartment-quality updates throughout, including modern kitchens and baths, stainless steel appliances, and contemporary range hoods that appeal to today's renters. Interiors are thoughtfully improved while maintaining operational efficiency, creating strong in-place tenancy and long-term rental stability. The building includes shared laundry facilities in the rear lower level, offering free on-site laundry as a valuable tenant amenity, along with bundled utilities including water, sewer, trash, and Wi-Fi to simplify management and enhance leasing appeal. A two-car garage provides additional income potential and convenience for residents. With its solid brick construction, updated interiors, and tenant-friendly amenities, this asset delivers a balanced combination of durability, modern finishes, and steady cash flow potential.

460 W 28th Place | MLS# 12611934

This multi-family property located at 460 W 28th Place, Chicago, IL 60616 is currently listed for sale with an asking price of $1,299,000. Search Chicago real estate on dwilder.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Central Individual
Lot Size: 0.07 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $12,657
Year Built: 1899

Feature Descriptions

Current Use: Multi-Family
Electric: Circuit Breakers, Separate Meters
Exterior: Brick
Frontage Type: City Street
HVAC: Central Heat/Indiv Controls, Forced Air, Gas
Lot Dimensions: 25X125
Parcel#: 17283140250000
Tenant Pays: Electricity, Heat
Units: 6

Listed By / Shown By

Listed By

Agency Name: Sperry Van Ness
Agency Phone: 312-676-1866

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Estimated Payment

$ 4,324.64 per month $2,891.01 Principal & Interest $1,054.75 Property Tax $378.88 Homeowner's Insurance

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