Units overlooking washington parkPark-front exposureBright garden-level units
Prime Washington Park development opportunity offering scale, flexibility, and park-front exposure. Zoned RM-5, this property features an approximately 8,000 sq ft main building plus a coach house with three on-site garage spaces, presenting potential for 6-9 residential units (buyer to verify). The main building is fully gutted and ready for redevelopment, with bright garden-level units and first-, second-, and third-floor units overlooking Washington Park-a strong draw for future tenants. Architectural plans for a 6-unit configuration are available, and the seller is willing to share plans with qualified buyers. Surrounded by ongoing new construction and redevelopment, this is an excellent opportunity for developers or investors seeking a value-add or repositioning project in a growing corridor with convenient access to transportation and neighborhood amenities. Sold as-is.
128 days
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159
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13
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Zillow last checked:
Listing updated:
Listed by:
Rafay Qamar(773)516-1111,
Real Broker LLC,
Nemanja Nikolic630-863-1845,
Real Broker LLC
Source: MRED as distributed by MLS GRID,MLS#: 12594302
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 8
Full bathrooms: 8
Heating
None
Features
Basement: Unfinished,Full
Property
Parking
Total spaces: 3
Parking features: No Garage, Yes, Garage Owned, Detached, Garage
Garage spaces: 3
Lot
Size: 7,533 Square Feet
Dimensions: 42.5 X 177.25
Details
Additional structures: Guest House
Parcel number: 20153050320000
Zoning: MULTI
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick
Foundation: Stone
Roof: Asphalt
Condition
New construction: No
Year built: 1894
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Sidewalks, Street Lights
Location
Region: Chicago
Financial & listing details
Tax assessed value: $580,010
Annual tax amount: $11,695
Date on market: 3/17/2026
Ownership: Fee Simple
Estimated market value
Zestimate®
$520,100
Estimated sales range
$494,000 - $546,000
Rent Zestimate®
$1,802/mo
Price history
Date
Event
Price
7/17/2026
Contingent
$550,000
Source: MRED as distributed by MLS GRID #12594302Report a problem
4/20/2026
Price change
$550,000-4.3%
Source: MRED as distributed by MLS GRID #12594302Report a problem
3/17/2026
Listed for sale
$575,000-4.2%
Source: MRED as distributed by MLS GRID #12594302Report a problem
3/17/2026
Listing removed
$600,000
Source: MRED as distributed by MLS GRID #12534045Report a problem
12/22/2025
Listed for sale
$600,000+14.3%
Source: MRED as distributed by MLS GRID #12534045Report a problem
5/1/2025
Listing removed
$525,000
Source: MRED as distributed by MLS GRID #12267524Report a problem
1/13/2025
Listed for sale
$525,000-4.5%
Source: MRED as distributed by MLS GRID #12267524Report a problem
9/3/2024
Listing removed
$550,000
Source: MRED as distributed by MLS GRID #12104968Report a problem
8/28/2024
Price change
$550,000-4.3%
Source: MRED as distributed by MLS GRID #12104968Report a problem
8/3/2024
Price change
$575,000-4.2%
Source: MRED as distributed by MLS GRID #12104968Report a problem
6/5/2024
Listed for sale
$600,000+33.2%
Source: MRED as distributed by MLS GRID #11996089Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.