REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 399,000
Est. payment /mo
New
3748 S Honore ST Chicago, IL 60609
8 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12476961
Bedrooms 8
Year Built 1918
Annual Tax Amount $5,946
Tax Year 2023
Lot Dimensions 38X121
Property Sub-Type Two to Four Units
Property Description
Investor Opportunity: Estate Sale. Solid Brick 2,800 square foot Multi-Unit on an oversized 4,500 Sq Ft Lot. Excellent value-add opportunity for investors seeking strong rental income potential. This solid brick multi-unit building offers spacious layouts across all levels: First & Second Floors: Each floor features 3 bedrooms, a spacious living room, formal dining room, and a full-sized kitchen. Finished Basement: Includes 2 bedrooms, full bath, a living room, and a kitchenette - ideal for extended family, in-law arrangement, or additional rental income. Mechanical Systems: One boiler and one water heater service the first and second floors. Basement heat is provided by a space heater. Investor Notes: A burst pipe on the second floor during winter caused water damage that has impacted all three levels. The issue remains unresolved, and the water is currently shut off. Property is being sold as-is and is priced accordingly. Owner will be removing some personal belongings; all remaining contents will be conveyed with the sale. This is a prime renovation project for an experienced investor or contractor. With generous unit sizes, a finished basement, and solid bones, the property offers significant cash flow potential post-rehab. Whether you're looking to fix and hold or reposition for resale, the numbers and layout make this an attractive investment. Bring your vision - and unlock the value.
Location
State IL
County Cook
Area Chi - Mckinley Park
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Equipment Water Heater-Gas
Fireplace N
Exterior
Garage Spaces 1.0
Community Features Sidewalks
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by James Hankes of @properties Christie's International Real Estate
