Exceptional investment opportunity in the rapidly growing New City neighborhood! This brand-new LEGAL 4-unit gut rehab was completely rebuilt down to the studs, offering turnkey ownership with modern finishes and major system upgrades throughout. The property features a total of 8 bedrooms and 4 bathrooms across spacious units designed for strong rental appeal and low maintenance ownership. Major capital improvements include all new HVAC systems, plumbing, electrical, roof, windows, and a newly installed concrete parking pad with a secure front metal fence. Each unit showcases modern white shaker cabinetry, quartz countertops, stainless steel appliances, waterproof LVP flooring, in-unit laundry hookups, and updated contemporary finishes throughout. The property also includes partially finished basements offering additional storage or future value-add potential. Ideal for investors seeking a stabilized, low-maintenance asset with strong income potential in an appreciating area. Located near minutes from Rate Field, expressways, schools, transportation, shopping. Schedule a tour!
Property Details
Price:
$650,000
MLS #:
MRD12671440
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chinewcity
Listed Date:
Jun 8, 2026
Year Built:
1925
See this Listing
Schools
School District:
299
Interior
Heating
Forced Air
Exterior
Construction Materials
Brick
Parking Features
Yes
Parking Spots
2
Parking Total
2
Roof
Rubber
Financial
Tax Year
2025
Map
Community
- Address5203 S Peoria Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60609
Market Summary
Current real estate data for Multi Family in Chicago as of Jun 14, 2026
1,398
Multi Family Listed
80
Avg DOM
$529,071
Avg List Price
Property Summary
- 5203 S Peoria Street Chicago IL is a Multi Family for sale in Chicago, IL, 60609. It is listed for $650,000
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Copyright 2026. All rights reserved.
5203 S Peoria Street
Chicago, IL


