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.
Closed
$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
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#: 12382498

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