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815 S Bell Ave
Chicago, IL 60612
Multifamily Property For Sale · 4 Units

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Executive Summary

CASH ONLY BUYERS - Wonderful investment opportunity in the Tri-Taylor/Illinois Medical District with $72,029 proforma net income at 7.79% net ROI. Fully rented 4-unit building, well maintained and updated, with laundry in each unit. Large rooftop deck for summer enjoyment. Great location, minutes to the Loop, IL Medical District, UIC, I-290, and Blue Line. Beautiful quiet Cul-de-sac Street with residential permit parking. Cash flow data available upon request. 4 units including coach house. All tenants pay all utilities except water.

Property Facts

Price Per Unit $231,250
Sale Type Investment
Cap Rate 7.79%
No. Units 4
Property Type Multifamily
Lot Size 0.07 AC
Building Size 4,000 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1900/2020
Zoning PD 30

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 2 $2,200 -
2+1 1 $1,900 -
Studios 1 $1,450 -

Property Taxes

Property Taxes

Parcel Number
17-18-317-008-0000
Land Assessment
$17,640
Improvements Assessment
$37,360
Total Assessment
$55,000
  • Listing ID: 35234481

  • Date on Market: 3/23/2025

  • Last Updated:

  • Address: 815 S Bell Ave, Chicago, IL 60612

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