Rare opportunity to acquire a unique multi-building property on an oversized 13,738 SF lot in Chicago’s Portage Park neighborhood. The asset consists of a front 2 unit building and rear building with 4 apartments and attached two car garage. Rear building offers a large 3bd 2ba owners unit with a private yard. Parking for 5 cars in front of the lot. Situated on a quiet, tree-lined street near Six Corners, the property benefits from strong rental demand, easy access to public transportation, and proximity to neighborhood retail and amenities. Ideal for investors seeking a redevelopment or long-term hold opportunity with multiple exit strategies. Very unique property with strong value add potential.
Property Details
Price:
$599,000
MLS #:
MRD12600794
Status:
Active Under Contract
Beds:
11
Baths:
7
Type:
Commercial
Neighborhood:
chiportagepark
Listed Date:
Mar 26, 2026
Year Built:
1916
Schools
Interior
Cooling
Window Unit(s)
Fireplaces Total
2
Exterior
Construction Materials
Brick, Aluminum Siding, Vinyl Siding
Roof
Composition, Rubber
Stories
1
Financial
Tax Year
2024
Taxes
$26,294
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Mike Gonet was born, raised, and raised his family in the Putnam County Area. He has successfully run a family-owned real estate business for over 40 years with Gonet Real Estate & Land Co. He has extensive experience (and thoroughly enjoys) selling vacant land, farm ground, and commercial properties. When Mike has free time, he enjoys spending it with his 4 adult children and many grandkids by watching baseball and college basketball and playing golf. His experience and expertise in real estat…
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4053 N Mobile Avenue
Chicago, IL



