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18 Properties Within 0.5 miles of: 1302 W 98th, Chicago

1302 W 98th
Chicago, IL 60643

  • 6 Beds
  • Built In 1924
Price

$485,000

Est Payment
$2,755 / month (details)  
Taxes
$2,210  
Beds
6  
Rooms
18  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
3813  
Built
1924  
Neighborhood
Longwood Manor  
MLS
#12532572
Status
Active (0 days)

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.

Property Map

Property Details

Utilities

  • Heating Radiator(s)
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

12-15-2025 Listed at $485,000
Last Modified 12/15/25 10:39 PM

Nearby Transportation

  • Bus 112 0.1 mi
  • Bus 9 0.2 mi
  • Bus 95 0.4 mi
  • Bus X9 0.5 mi
  • Bus 103 0.6 mi
  • Bus 108 0.6 mi
  • Bus 8A 0.6 mi
  • Rock Island 0.5 mi
  • Hwy 57 0.6 mi
  • Hwy 57 0.6 mi
  • I 94 East 1.4 mi
  • I 94 West 1.7 mi
  • I 90 East 4.2 mi
  • I 90 West 4.7 mi
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