1656 E 84th Street

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Address: 1656 E 84th St, Chicago, IL 60617, USA
Chicago & Midwest + Apartment Buildings
Created date: September 15, 2026
Date last updated: September 17, 2026
Price: $545,000Investment Analyzer NEW!

Property Description

Solid, Fully Occupied Income-Generating 4-Unit Brick Building! This well-maintained investment property is being sold AS-IS and offers immediate rental income with numerous updates and improvements already completed. In 2019, each unit was upgraded with new individual heat and air-conditioning. Kitchens and bathrooms were remodeled, hardwood floors were refinished, and a new master key system was installed throughout the building. Recent improvements include a new hot water heater in 2026, roof recoating, new gutters and in 2025, coin-operated laundry, garage space and storage lockers rented separately providing an additional source of income. All four units are currently occupied, and tenants pay their own utilities except water. A great opportunity for an investor looking for a solid, income-producing property on quiet block with substantial improvements already in place. A must-see!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $545,000
Year Built: 1923
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 6
Address: 1656 E 84th Street, Chicago, IL 60617, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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