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
$ 595,000
Est. payment /mo
Active Under Contract
322 S Kostner AVE Chicago, IL 60624
7 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12543861
Bedrooms 7
Year Built 1907
Annual Tax Amount $5,444
Tax Year 2024
Lot Dimensions 3105
Property Sub-Type Two to Four Units
Property Description
Step into one of West Garfield Park's most strategic investment opportunities. This turn-key legal 3-unit offers immediate income potential and long-term appreciation upside, positioned in the heart of a targeted residential & commercial redevelopment zone where over 30 new multi-unit projects are slated to break ground next year. Each apartment has been expertly renovated with the modern finishes, new kitchens and baths, updated mechanicals, and separate utilities-providing a truly move-in ready low-maintenance experience. Perfect for owner-occupants using FHA or Conventional financing, or investors seeking a strong, cash flowing asset in a neighborhood on the rise. Highlights: *Fully renovated, inspection ready 3-unit building *Separate utilities & updated systems throughout *Strong rent potential supported by area comps *Minutes from CTA, I-290 & major West Side development corridors *Future new-construction projects will continue to elevate neighborhood value. Back on the market-not because of the property, but because of the buyer. Previous financing fell through seller is now focused on qualified, ready-to-close buyers. Seller is a licensed developer with multiple new builds planned nearby, positioning this property at the forefront of West Garfield Park's transformation. Own now, benefit later. This is your chance to secure a fully renovated, income-producing property before the next wave of appreciation hits. Showing by appointment only. Pre-Approvals is required for showing.
Location
State IL
County Cook
Area Chi - West Garfield Park
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.5
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Lawanda Gooden of Hometown Real Estate Group LLC
GET MORE INFORMATION
QUICK SEARCH