If turnkey cash flow is what you need, this solid investment has it! This 8-unit building is fully leased and generates a strong cash flow of $9,350 per month, which amounts to $112,200 annually. The low overhead costs are due to low taxes and tenant-paid utilities. The building features a clean basement with a coin laundry facility. It has been substantially updated and well-maintained, as evident from the pictures. This is a rare opportunity for an investor seeking a reliable and consistent return on investment. The building is located near Western Avenue and offers great workforce housing. It is surrounded by blocks of single-family brick bungalows. This is an ideal investment opportunity for an investor who wants a solid and consistent ROI. The building is investor-owned and professionally managed, making it an easy investment. Unit 8, the corner storefront, is currently leased for $1,500 per month.

Based on information submitted to MRED as of September 22, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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More Info

Location Information

Road Frontage Description["City Street"]

Parking

Parking Spaces

Location

AreaChicago Lawn
Building Number2433
CountyCook
StateIL
StreetWest Lithuanian Plaza Court
TownChicago
Township Lake
Zip60629

Other

Total Monthly Income$9,350
Date Listed08/30/2026
Gross Income $112,200
Gross Scheduled Income $112,200
Net Operating Income $85,111
Possible Use ["Multi-Family", "Retail"]

Basic Information

List Price$699,000
MLS Number12746676
Mls Status Active
Property TypeCommercial Sale

Building

Foundation Details Brick/Mortar
Stories2
Units8
Year Built1926

Property Information

Roof StructureFlat
Construction Materials ["Brick"]
Lot Size Dimensions 30X126
Lot Size Square Feet 3780
Square Feet11,340

Tax Information

Tax Annual Amount $11,089
Tax Year 2025

Basic Information

Property SubTypeMulti Family 5+

Utilities

Heat VentilationCentral Heat/Indiv Controls, Forced Air, Gas, Individual Furnaces
Cooling None
Electric ["Separate Meters"]
Trash Expense $4,000
Water Sewer Expense $3,000

Amenities

Other AmenitiesBasement

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