IL
Cook
Chicago
60639
2206 N Kostner Avenue, Chicago, IL 60639
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Listing Type
Multi Family
Listing Status
Active
37
$545,000

Home Details for 2206 N Kostner Avenue

Price
$545,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
3
Year built
1912
County
Cook
Garage
2
Basement
Finished, Full
MLS Listing#
12630017
Property Description

Legal 2-unit with a non-conforming garden in Hermosa, top floor available for owner occupancy. The asset features (2) oversized 3-bed units, and (1) 2-bed garden. Above-grade units had kitchens and bathrooms renovated in 2019, offering updated interiors with limited near-term capital needs. Central air, on-site laundry, 2-car garage. The property is currently occupied by long-term tenants, resulting in below-market rents and clear upside. Current rents total $3,750/month versus a projected market rent of $4,840/month, representing strong upside through natural turnover and lease adjustments. With strong in-place cash flow, recent capital improvements, and meaningful rental upside, the property offers investors a straightforward path to increased income and long-term appreciation.

Property Features
  • Heating Information
    • Forced Air
    • Baseboard
  • Parking
    • Detached
    • Garage
  • Basement
    • Finished
    • Full
Listing Courtesy: Essex 312, LLC - 773-305-4858
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-04-29 03:30:26. 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 Updated: 2026-04-29 03:30:26
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EXIT GRACE REALTY
2945 N. Milwaukee Ave. Ste B, Chicago, IL 60618
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