735 E 88th Street - Six Unit Multi-Family Investment Opportunity

For Sale

735 E 88th St, Chicago, IL 60619

This Chicago property for sale is located at 735 E 88th St. The general use of 735 E 88th Street - Six Unit Multi-Family Investment Opportunity is multi-family and it incorporates 4,500 square feet of class C multi-family space. The current listed sale price for 735 E 88th Street - Six Unit Multi-Family Investment Opportunity is $497,500. 735 E 88th Street - Six Unit Multi-Family Investment Opportunity is situated on a lot that is 0.1 acre in size.

Contacts

Gene Hart

33 Realty

Property Details

  • Property Type Multi-Family
  • Property Size 4,500 SF
  • Units 6
  • Lot Size 0.1 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1899
  • Date Updated May 18, 2026
One half block west of Cottage Grove Avenue in the southern portion of the Chatham neighborhood of Chicago33 Realty is pleased to present for sale 735 E 88th, a six-unit multi-family investment property in the Chatham neighborhood of Chicago. The property is composed of six four-room 1-Bed/1-Bath apartments and a three-car garage and features updated electric, updated rear porch, central boiler heat (~8 years old), common hot water, newer windows, hardwood floors throughout, multiple units with updated kitchen and baths, and is located in a low-density pocket of south Chatham. 735 E 88th provides an excellent opportunity for an investor to re-lease the property to local subsidies that are currently offering $1300 to $1400 for one-bedroom residences with heat and hot water included. Upon stabilization, 735 E 88th has the potential to realize a 10-12% annual capitalization rate.
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Attachments

Getting around

  • 83/100

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  • 61/100

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  • 48/100

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Location

  • City Chicago, IL
  • Neighborhood Burnside
  • Zip Code 60619
  • Market Chicago

Points of Interest

  • 95th/Dan Ryan

    1.31 miles

  • Gresham

    2.01 miles

  • Stony Island

    2.36 miles

  • Brainerd

    2.75 miles

  • 83rd Street

    2.89 miles

  • Windsor Park

    2.90 miles

  • South Shore

    2.96 miles

  • 87th Street

    2.98 miles

  • South Chicago (93rd Street)

    3.04 miles

  • 63rd Street

    3.21 miles

  • Citgo

    0.12 miles

  • Phillips 66

    0.45 miles

  • Falcon Fuel

    0.63 miles

  • Clark

    0.84 miles

  • Amstar

    0.91 miles

  • BP

    0.94 miles

  • Shell

    0.94 miles

  • Tesla Supercharger

    2.85 miles

  • ChargePoint

    3.47 miles

  • eVgo

    9.23 miles

  • 83rd Street Metra Park & Ride

    2.88 miles

  • 93rd St. (South Chicago) Station Parking Lot

    3.11 miles

  • Kensington / 115th Street Station Parking Lot

    3.34 miles

  • Campus South Parking

    3.46 miles

  • Trailer Parking

    3.52 miles

  • Kimbark South Parking Garage

    3.53 miles

  • Chapin Hall Parking Lot

    3.57 miles

  • Dorchester Parking Lot

    3.58 miles

  • Parking/Materials Management

    3.71 miles

  • Admiral Motel

    0.41 miles

  • Skyway Motel

    1.11 miles

  • East of the Ryan

    1.19 miles

  • Stony Island Motel

    1.21 miles

  • South Shore Motel

    1.39 miles

  • Empire Motel

    1.49 miles

  • Royal Motel

    2.16 miles

  • Beverly Motel & Suites

    2.58 miles

  • Best Motel

    2.87 miles

  • New Budget Motel

    2.94 miles

  • Pete's Produce

    1.00 miles

  • Jewel-Osco

    1.13 miles

  • Food 4 Less

    1.18 miles

  • dd's Discounts

    1.19 miles

  • ALDI

    1.42 miles

  • Forman Mills

    1.67 miles

  • M & H Market

    1.75 miles

  • Zees Supermarket Plus

    2.10 miles

  • Ross

    2.58 miles

  • City Sports

    3.16 miles

Contact Listing Broker
Gene Hart

33 Realty

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