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Jamie Roth

[email protected] +1(847) 219-6400

$ 485,000

Est. payment -/mo

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Active Under Contract

1302 W 98th PL Chicago, IL 60643

7 Beds

4 Baths

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

Area Chi - Washington Heights

Rooms

Basement Unfinished, Full

Interior

Heating Radiator(s)

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

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

Listed by Jerome Harper of Keller Williams ONEChicago

NEARBY SCHOOLS & PROPERTIES

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.

Jamie Roth

Broker | License ID: 471.000868

+1(847) 219-6400

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