Legal Fully-Leased 3-Unit Investment Property in West Dunning - Coach House Included! Discover a rare and solid investment opportunity in the heart of West Dunning. Located at 7713 W Forest Preserve Ave, this unique property features two homes on one lot, fully leased to long-term tenants generating consistent rental income from day one. The front building is a classic solid brick two-flat with a full unfinished basement, offering potential for future value-add opportunities. Behind it sits a charming coach house, providing a total of 3 spacious units across the property. Property Highlights: 3 fully rented units with stable, long-term tenants Total of 6 bedrooms and 3 full bathrooms Front brick two-flat with full basement (unfinished) Detached coach house in rear Low property taxes - maximize your net income Prime location: close to top-rated schools, local parks, and Harlem & Irving Park shopping district Easy access to public transportation and major thoroughfares Whether you're a seasoned investor or just starting your real estate portfolio, this property offers a blend of immediate cash flow and long-term appreciation in one of Chicago's most desirable neighborhoods. Don't miss out on this income-generating gem! **Seller financing (a purchase-money mortgage) arrangement available for qualified buyers.
Active
$679,900
7713 W Forest Preserve Ave, Chicago, IL 60634
6beds
--sqft
Est.:
Multi Family
Built in 1931
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Charming coach houseFull unfinished basement
- 24 days
- on Zillow |
- 322 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 10:07pm
Listing courtesy of:
Andrew Olszowka 773-447-4767,
Arc Red Inc Arc Realty Group
Source: MRED as distributed by MLS GRID,MLS#: 12415196

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Appliances
- Included: Multiple Water Heaters
Features
- Basement: Unfinished,Full
Property
Lot
- Size: 3,484.8 Square Feet
- Dimensions: 30X125
Details
- Parcel number: 12241050160000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick
Condition
- New construction: No
- Year built: 1931
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $355,030
- Annual tax amount: $7,495
- Date on market: 7/16/2025
- Ownership: Fee Simple
- Loading
- Loading