Closed

$500,000

327 Richmond Street, Chicago, IL 60612
6 Beds6 Baths25 days
327 Richmond Street·Chicago, IL 60612
6Bedrooms
6Bathrooms
1903Year Built
About This Home

Fantastic investment opportunity in Chicago's East Garfield Park! This vacant 3-flat offers exceptional income potential and is being sold AS IS, making it an excellent opportunity for investors or owner-occupants looking to build equity. Ideally located with convenient access to downtown Chicago, this gated property features a detached 2.5-car garage with alley access and a fenced backyard. Each of the three units offers 2 bedrooms, 2 full bathrooms, and a private laundry room. The garden unit has its own private entrance and has been recently updated with luxury vinyl plank flooring, stylish cabinetry, and stainless steel appliances. The first and second floor units are accessed through the main building entrance and each includes a rear porch. Additional improvements include a roof replacement in 2020. With all units currently vacant, this property provides the flexibility to set your own rents, renovate to your specifications, or occupy one unit while generating rental income from the others. A rare opportunity with tremendous upside in a location offering easy access to transportation, downtown Chicago, and neighborhood amenities.

MLS# 12699296Listed July 8, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms6
Total Rooms15

Size & Structure

Garage Spaces2
Year Built1903
Lot Size25x126

Location

CountyCook
TownshipWest Chicago
Zip Code60612

Financial

List Price$500,000
Annual Taxes (2024)$10,732
Monthly Tax Est.$894
Parcel #16131220361001
Interior Features

Heating

Natural GasForced Air

Basement

FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

YesGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$10,732
Tax Year 2024
Monthly Tax Est.
$894
per month
Property Location

327 Richmond Street, Chicago, IL 60612 — Cook County

$500,000
327 Richmond Street
6 bd6 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
25 days on market
2-car garage
25x126
$10,732/yr taxes
$3,522
estimated monthly payment
Principal & Interest
$2,628/mo
Property Tax
$894/mo
$500,000
20% — $100,000
3%50%
6.875%
3%12%
Loan Amount
$400,000
Down Payment
$100,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Keller Williams Infinity
Agent: Amy Kite
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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