Contact us: 563.441.1776
Description
Turnkey vintage Greystone with six spacious 2-bed/1-bath apartments - a rare income package for the investor who wants cash flow now with the ability for further upside later. Originally built in the early 1900s and previously taken down to the brick in a full gut rehab in 2014, this classic 3-story masonry building leaves little to be desired. Two apartments have been tastefully renovated with brand-new kitchens, baths, appliances, and other upgrades totaling roughly $50K in recent capital improvements. New tear-off roof approximately 7 years old, complete masonry overhaul approximately 9 years ago, and new water service. All units are separately metered for gas and electric to keep expenses lean. Desirable floor plans, all featuring in-unit laundry, individual mechanicals, and utilities. Stabilized income in its current condition could easily generate an extra $1k/mo. The fenced rear yard offers potential to add off-street parking and create a new revenue stream. Great access to the CTA Green Line, Metra, and Chicago bus with Garfield Park, Humboldt Park, and the historic boulevard system right around the corner. Bring your investors - this one checks the boxes.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 4,956
County: Cook
Listed By:
Keller Williams ONEChicago
312-216-2422
MRED MLS
MLS ID: 12736126
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736 N Spaulding Avenue , Chicago, IL 60624.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $650,000 | $650,000 | $650,000 |
| Down Payment | $130,000 | $22,750 | $162,500 |
| Monthly Mortgage Amount | $3,244 | $3,982 | $4,048 |
| Taxes | $905 | $905 | $905 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $286 | $0 |
| Monthly Estimated Total | $4,339 | $5,363 | $5,143 |
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/21/2026. The listing information on this page last changed on 08/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 08/21/2026 2:22:48 AM EST) or MRED MLS (last updated Fri 08/21/2026 2:04:03 AM EST) or SCWMLS (last updated Thu 08/20/2026 11:55:19 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 08/20/2026 10:15:31 PM EST) or Cedar Rapids MLS (last updated Thu 08/20/2026 10:44:27 PM EST) or NEIRBR MLS (last updated Fri 08/21/2026 1:18:51 AM EST) or ICAAR MLS (last updated Thu 08/20/2026 11:37:49 PM EST) or ECIMLS (last updated Thu 08/20/2026 11:44:42 PM EST) or RMLSA (last updated Fri 08/21/2026 1:11:05 AM EST) or Muscatine MLS (last updated Fri 08/21/2026 2:00:12 AM EST) or No Coast MLS (last updated Fri 08/21/2026 12:44:31 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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