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  • $712,000

    3116 S Canal St, Chicago, IL 60616

    6beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $712,200 Zestimate®
    $--/sqft
    $2,941 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: July 26, 2025 at 08:05am

    Listing courtesy of:

    Frank Vihtelic 312-451-7903,

    Coldwell Banker Real Estate Group

    Bought with:

    Dong Liang Zhen

    GoldHome Realty LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12382498MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Features
    • Windows: Screens
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2
    Features
    • Patio & porch: Deck
    • Exterior features: Balcony, Fire Pit
    Lot
    • Size: 3,049 sqft
    Details
    • Parcel number: 17331060310000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Brick/Mortar, Concrete Perimeter
    • Roof: Flat
    Condition
    • New construction: No
    • Major remodel year: 2020

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $712,200
    2% more+ $14,244
    With Zillow Showcase(estimated)
    $726,444