735 E 88TH Street
Chicago, IL, 60619
$497,500
1 Beds
1 Baths
0 SqFt
0 Acres
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MLS #MRD12486593 image #0
OWNER FINANCING POTENTIALLY AVAILABLE – SUBJECT TO TERMS AND STRUCTURE. We are pleased to present for sale 735 E 88th, a six-unit multi-family investment property in the Chatham neighborhood of Chicago. The property is composed of six four-room 1-Bed/1-Bath apartments and a three-car garage that features updated electric, updated rear porch, central boiler heat (~8 years old), common hot water, newer windows, hardwood floors throughout, multiple units with updated kitchen and baths, and is located in a low-density pocket of south Chatham. 735 E 88th provides an excellent opportunity for an investor to re-lease the property to local subsidies that are currently offering 1300 to 1400 for one-bedroom residences with heat and hot water included. Upon stabilization, 735 E 88th has the potential to realize a 10-12 annual capitalization rate.

Property Details

Price:
$497,500
MLS #:
MRD12486593
Status:
Active
Beds:
1
Baths:
1
Type:
Commercial
Neighborhood:
chichatham
Listed Date:
Oct 16, 2025
Total Sq Ft:
4,236
Year Built:
1897
Chi – ChathamChichatham

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Schools

Interior

Exterior

Construction Materials
Brick
Stories
3

Financial

Maintenance Fee
$3,600
Net Operating Income
$61,392
Tax Year
2024
Taxes
$4,902

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Jun 13, 2026
921
Commercial Listed
185
Avg DOM
$996,131
Avg List Price

Property Summary

    735 E 88TH Street Chicago IL is a Commercial for sale in Chicago, IL, 60619. It is listed for $497,500

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735 E 88TH Street
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