Back 1302 West 98th Place
Off Market

1302 West 98th Place

Chicago IL 60643

7
4
Multi-Family
Last sold for $480,000
Jerome HarperJerome Harper, last sold this property on 06 March 2026 after 176 days on market.

Overview

This well maintained four unit brick building on a quiet Washington Heights block offers a strong entry point for both seasoned investors and those purchasing their first multifamily property. The building includes three two bedroom units and one spacious one bedroom unit. One unit has been recently renovated, while the remaining apartments are occupied by long term tenants, providing immediate income with room to grow over time. Each unit features a practical layout with good natural light and comfortable living space. Significant updates have already been completed, reducing near term maintenance concerns. Recent upgrades help the property run efficiently and make ownership more predictable, an important factor for newer investors. For an owner occupant, this property offers the ability to live in one unit while rental income helps offset monthly expenses. For investors, it represents a stabilized asset in an established South Side neighborhood with consistent housing demand. Washington Heights offers access to schools, public transportation, neighborhood retail, and the I-57 expressway. Well cared for four unit buildings like this remain limited in the Chicago market, making this a practical and durable long term investment.

Features

7 bedrooms
4 bathrooms
Multi-Family

Estimated Value

We need at least 3 similar 7 bedroom multi families sold in Chicago over the last 12 months.

Property history for 1302 West 98th Place

2026
Sold
$480,000
06 Mar 2026 by Jerome Harper, of Keller Williams ONEChicago
2024
Sold
$365,000
09 May 2024 by LOIS WHITE, of Lois White Realty

Happy sellers in Chicago

90%
90% of sellers in Chicago reported that their sale price either exceeded or met their price expectations.

Chicago stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Chicago over the last 12 months.

Local market activity for 7 bedroom multi families in Chicago

In the last 12 months, 1 seven-bedroom multi family similar to 1302 West 98th Place, have been sold.

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