331 S Richmond Street, Chicago, IL, 60612

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$575,000
New Listing

331 S Richmond Street
Chicago, IL 60612

For Sale|Multi Family|Active
7
Beds
3
Total Baths
1898
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Realty of America

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331 S Richmond Street331 S Richmond Street331 S Richmond Street331 S Richmond Street
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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!

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Listing Snapshot
Price 
$575,000
Days On Site 
0 Days
Bedrooms 
7
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.07 Acres
Year Built 
1898
MLS Number 
12795866
Status 
Active
Property Tax 
$7,712.13
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
13 hours agoListing updated with changes from the MLS
13 hours agoListing first seen on site
General Features
Acres 
0.07
Parking 
Other
Parking Spaces 
1
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Zoning 
MULTI
Interior Features
Basement 
FinishedFull
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - East Garfield Park
School District 
299
Township 
West Chicago
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Realty of America



Based on information submitted to the MLS GRID as of 2026-10-29 02:14 AM UTC. All data is obtained from various sources and may not have been 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.
Last checked: 2026-10-29 02:14 AM UTC
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Neighborhood & Commute
Source: Walkscore
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