Listing provided courtesy of Essex 312, LLCMREDas Distributed by MLSGrid- MLS# 12534074
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Request Info2916 W 25th PlaceChicago, IL 60623
Commercial · 8 Beds$489,000
Active
2916 W 25th Place Overview
- Time on Site:
- 194 days
- Visits:
- 2
Introducing 2916 w 25th place a legal 5 unit property with an all-brick 4-unit building in the front and a coach house in the rear. Conveniently located close to all that little village has to offer. It is perfect for either an owner-occupant or an investor. this property is a fantastic investment. The building is commuter-friendly, with nearby shopping, dining, and recreational options. It's within walking distance to schools and public transportation, and just minutes from I-55 and I-290, providing easy access to downtown. this is an amazing income maker that is professionally managed grossing nearly 54k a year will all unit rented below market and room to raise rents significantly without doing much of anything. This is the unique multi-unit property you've been searching for!
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2916 W 25th Place Facts & Features
- Type Commercial
Details
General
Income/Expenses
- Other Expense: 2500
- Electric Expense: 360
- Fuel Expense: 0
- Gross Income: 53940
- Gross Scheduled Income: 53940
- Insurance Expense: 4000
- Maintenance Expense: 2500
- Net Operating Income: 29296
- Operating Expense: 21947
- Trash Expense: 0
- Water Sewer Expense: 3600
Building Information
- Year Built: 1888
Business Information
- Current Use: Multi-Family
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - South Lawndale
Tax Information
- Tax Annual Amount: $8,237.00
- Tax Year: 2024
General Information
- Parcel Number: 16251250390000
- Property Type: Commercial Sale
- Zoning: MULTI
Interior
General Information
- Foundation Details: Brick/Mortar
- Stories: 3
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 28X126
- Lot Size Square Feet: 2880
Building Exterior/Construction
- Construction Materials: Brick, Wood
General Information
- Number Of Units Total: 5
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 2
- Baths Total: 1
- Units Total: 1
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 1
- Baths Total: 1
- Units Total: 1
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 2
- Baths Total: 1
- Units Total: 1
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 2
- Baths Total: 1
- Units Total: 1
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 1
- Baths Total: 1
- Units Total: 1
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 0
- Units Total: 0
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
2916 W 25th Place Neighborhood
Community
60623 (Chicago) Demographics
33
Median Age
14,242
Population Density (per sq. mile)
17%
College Educated
$34,714
Estimated Median Income
9,269
Estimated Total Home Owners
16,477
Estimated Total Renters
36% / 64%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2916 W 25th Place Monthly Cost
2916 W 25th Place Market Data
Based on the last 30 days in this zip code
$338,047
Average List Price
$199
Average Price per Square Foot
6
Properties Sold
76
Average Days on Market
25
Properties for Sale
2916 W 25th Place History
| Date | Value | Agent |
|---|---|---|
| 12/23/2025Source: MRED | Active |
|
| 12/17/2025Source: MRED | December 17, 2025 |
|
| 12/22/2022Source: MRED | Closed |
|
| 11/23/2022Source: MRED | November 23, 2022 |