3116 S Canal St., Chicago, IL 60616

3116 S Canal St., Chicago, IL 60616
Photo 1 of 10
$749,999
Beds Baths Sq. Ft. Taxes Built
6 0.00 0 $8,905
On the market: 49 days

Est. Monthly Payment:

$5,233($4,491 + $742 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
First Time on the Market in 40 Years - Turnkey 3-Unit in the Heart of Bridgeport! This exceptionally well-maintained legal three-unit building is a rare find in one of Bridgeport's most desirable locations. Pride of ownership shows throughout, with nearly one hundred thousand dollars in upgrades over the past four years-this is a turnkey investment. All units have separate utilities, and individual HVAC systems with central air. Most of the mechanicals have been replaced in the past 3 years. The rear porch was rebuilt and is city code compliant. Windows have been replaced, along with exterior doors. The top two units were recently remodeled with modern finishes. The basement is large, empty, and clean. The detached two car garage and shared coin operated laundry add additional income. The property is fully occupied with leases through Spring 2026, offering immediate cash flow. Current rents are below market value. Located just steps from Bridgeport's growing retail corridor, the Red Line, Guaranteed Rate Field, IIT, and the lakefront, this is an unbeatable location for long-term value and tenant demand.
Listing courtesy of Frank Vihtelic, Coldwell Banker Real Estate Group