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Street View
$575,000
Monthly Est:$2,862
7 Beds
3 Baths
--sqft
331 S Richmond St, Chicago, IL 60612
$575,000
$2,862/moEst:
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Condominium
Built in 1898
$-- HOA
3,049.2 sqft lot
--/sqft
Description
Excellent investment opportunity in Chicago's East Garfield Park neighborhood! This three-unit property offers strong income-producing potential with extensive improvements throughout, including updated plumbing and electrical systems, new flooring, updated tile, fresh paint, newer boilers, and a newer furnace. Two of the three units have been recently renovated, while the third is currently tenant-occupied, providing an opportunity for immediate rental income. The property features an enclosed metal fence and convenient access to major expressways, public transportation, and downtown Chicago. All three units offer potential for participation in the Housing Choice Voucher program, subject to applicable program requirements and approvals. Investors may also explore the possibility of converting the property into three individual condominium units, subject to municipal approvals and applicable legal requirements. Whether you're looking to expand your rental portfolio or explore future investment opportunities, this well-located three-flat offers flexibility and long-term potential. Schedule your showing today!
- Houzeo last checked: 0 minutes ago
- Listing updated: October 28, 2026 at 1:01 pm
- Listing Provided by: Manuel Gonzalez (773) 851-0749 , Alejandro Diaz DRE #475198993 | Realty of America (708) 788-1900
- Source: MRED MLS-IL | MLS#: 12795866
Property Details
Status
Active
Type
Condominium
No. of Stories
-
County
City
Neighborhood
Year Built
1898
HOA Fees
-
Finished Area
- sqft
Lot Size
3,049.2 sqft lot
Basement Area
- sqft
MLS Name
MRED MLS
MLS Number
12795866
MLS Status
New
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 3
Interior
Heating
Gas
Sewer
Public Sewer
Construction
Year Built
Year Built: 1898
Home type
Condominium
Construction Materials
Brick
Utilities & Energy
Parking Features
Yes, Other
Water Source
Lake Michigan
Basement
Finished, Full
Price History
| Date | Event | Price |
|---|---|---|
10/28/2026 Source: | Listed for Sale | $575,000 +43.75% $0/sqft |
06/20/2020 Source: | Price Change | $400,000 $0/sqft |
09/30/2010 Source: | Price Decreased | $0 -100.00% $0/sqft |
01/22/2009 Source: | Listing Removed | $380,000 $0/sqft |
East Garfield Park Ranks #134 in Chicago, IL
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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 29, 2026, 08:45PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market. Based on information submitted to the MLS GRID as of Oct 29, 2026, 08:45PM. All data is obtained from various sources and has not been, and will not be, 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS, Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
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