331 S Richmond ST, Chicago, IL 60612
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331 S Richmond ST, Chicago, IL 60612
331 S Richmond ST, Chicago, IL 60612
331 S Richmond ST, Chicago, IL 60612
331 S Richmond ST, Chicago, IL 60612
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Samuel Stella

Samuel Stella

+1(224) 426-4652
$ 575,000
Est. payment /mo
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331 S Richmond ST Chicago, IL 60612

7 Beds

3 Baths

3,049 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12795866

Bedrooms 7

Year Built 1898

Annual Tax Amount $7,712

Tax Year 2024

Lot Size 3,049 Sqft

Lot Dimensions 25 X 125

Property Sub-Type Two to Four Units

Property Description

Excellent investment opportunity in Chicago's East Garfield Park neighborhood! This three-unit property offers strong income-producing potential with extensive improvements throughout, including updated plumbing and electrical systems, new flooring, updated tile, fresh paint, newer boilers, and a newer furnace. Two of the three units have been recently renovated, while the third is currently tenant-occupied, providing an opportunity for immediate rental income. The property features an enclosed metal fence and convenient access to major expressways, public transportation, and downtown Chicago. All three units offer potential for participation in the Housing Choice Voucher program, subject to applicable program requirements and approvals. Investors may also explore the possibility of converting the property into three individual condominium units, subject to municipal approvals and applicable legal requirements. Whether you're looking to expand your rental portfolio or explore future investment opportunities, this well-located three-flat offers flexibility and long-term potential. Schedule your showing today!

Location

State IL

County Cook

Area Chi - East Garfield Park

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Manuel Gonzalez of  Realty of America 

NEARBY SCHOOLS & PROPERTIES

Samuel Stella

Samuel Stella

Designated Managing Broker / Owner License ID: 471.021016

+1(224) 426-4652

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331 S Richmond ST

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