327 S Richmond Street Chicago, IL 60612

$500,000

Active / MLS# 12699296 / Multi Unit - Multiple / Chicago

6 Beds

6 Baths

Fantastic investment opportunity in Chicago's East Garfield Park! This vacant 3-flat offers exceptional income potential and is being sold AS IS, making it an excellent opportunity for investors or owner-occupants looking to build equity. Ideally located with convenient access to downtown Chicago, this gated property features a detached 2.5-car garage with alley access and a fenced backyard. Each of the three units offers 2 bedrooms, 2 full bathrooms, and a private laundry room. The garden unit has its own private entrance and has been recently updated with luxury vinyl plank flooring, stylish cabinetry, and stainless steel appliances. The first and second floor units are accessed through the main building entrance and each includes a rear porch. Additional improvements include a roof replacement in 2020. With all units currently vacant, this property provides the flexibility to set your own rents, renovate to your specifications, or occupy one unit while generating rental income from the others. A rare opportunity with tremendous upside in a location offering easy access to transportation, downtown Chicago, and neighborhood amenities.

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Property Details

Property Type: Multi Unit - Multiple

Basement: Yes

Basement: Finished, Full

Garage: 2

Heating: Natural Gas, Forced Air

Lot Size: 0.07 Acres

Taxes: $10,732

Year Built: 1903

Feature Descriptions

Exterior: Brick

Lot Dimensions: 25x126

Parcel#: 16131220361001

Parking: Yes, Garage Owned, Detached, Garage

Sewer: Public Sewer

Total Rooms: 15

Township: West Chicago

Water: Lake Michigan, Public

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/21/2026. The listing information on this page last changed on 07/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/21/2026 12:02:31 AM EST) or MRED MLS (last updated Mon 07/20/2026 11:58:10 PM EST) or NIRA MLS (last updated Mon 07/20/2026 11:05:10 PM EST) or METROMLS (last updated Mon 07/20/2026 11:59:48 PM EST) or Miami MLS (last updated Mon 07/20/2026 11:58:49 PM EST) or Stellar MLS (last updated Mon 07/20/2026 11:44:16 PM EST) or SPC MLS (last updated Mon 07/20/2026 11:20:49 PM EST) or Emerald Coast MLS (last updated Mon 07/20/2026 11:55:18 PM EST) or Fort Myers (last updated Mon 07/20/2026 11:04:46 PM EST) or Beaches MLS (last updated Mon 07/20/2026 11:57:57 PM EST) or Naples MLS (last updated Mon 07/20/2026 11:40:21 PM EST) or Bonita Springs MLS (last updated Mon 07/20/2026 11:02:18 PM EST). Real estate listings held by brokerage firms other than Baird & Warner may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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