Ivan Kostiv - Chicagoland Brokers Inc Logo
$494,000
( $116.62Per Sq Foot )
 $2,652 est/mo Sourced by Back At You

735 E 88th Street,Chicago, IL 60619

Chicago, IL 60619

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Description

OWNER FINANCING POTENTIALLY AVAILABLE - SUBJECT TO TERMS AND STRUCTURE. We are pleased to present for sale 735 E 88th, a six-unit multi-family investment property in the Chatham neighborhood of Chicago. The property is composed of six four-room 1-Bed/1-Bath apartments and a three-car garage that features updated electric, updated rear porch, central boiler heat (~8 years old), common hot water, newer windows, hardwood floors throughout, multiple units with updated kitchen and baths, and is located in a low-density pocket of south Chatham. 735 E 88th provides an excellent opportunity for an investor to re-lease the property to local subsidies that are currently offering 1300 to 1400 for one-bedroom residences with heat and hot water included. Upon stabilization, 735 E 88th has the potential to realize a 10-12 annual capitalization rate.

Details

MLS #12783826
Listing TypeFor Sale
StyleMulti Family 5+
Sub-TypeResale
StatusActive
Year1897
Days On Site12
Listing Provided ByBauvista Illinois LLC | Gene Hart

Features

SQ Feet4,236
Story(s)3
Units6
ZoningMULTI
Acreage4500.00

Interior

CoolingWindow Unit(s)

Exterior

Foundation DetailsBlock
Construction MaterialsBrick

Utilities

ElectricFuses

Taxes

Tax Year2024
Tax Annual Amount4902

Area Information

StateIL
CountyCook
CityChicago
Zip Code60619
AreaCHI Chatham
Listing VS Median (in 60619)
Price:
$494,000
low | high
Med:
$159,900
100% of Average
sqft:
4,236
low | high
Med:
1,102
100% of Average
$ / sqft:
$117
low | high
Med:
$145
25.578374247779% of Average
On site:
12
low | high
Med:
2
100% of Average
Sourced by Back At You

Market Activity 60619

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Contact

Learn More About This Property

Ivan Kostiv

Ivan Kostiv

Chicagoland Brokers Inc

 (847) 496-0339ivan.kostiv@gmail.com
StateIL
CountyCook
CityChicago
Zip Code60619
AreaCHI Chatham
Listing VS Median (in 60619)
Price:
$494,000
low | high
Med:
$159,900
100% of Average
sqft:
4,236
low | high
Med:
1,102
100% of Average
$ / sqft:
$117
low | high
Med:
$145
25.578374247779% of Average
On site:
12
low | high
Med:
2
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $370K - $617K
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
8624 S Maryland Avenue Property Photo 1
$595,000
8624 S Maryland Avenue
Chicago, IL 60619
Listing Updated: October 19, 2026 at 10:22:12 AM PDT

Ivan Kostiv - Chicagoland Brokers Inc