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5203 S Peoria Street, Chicago, IL 60609

$699,000

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  • 8 BedroomBeds
  • 4 BathroomBaths
  • Sqft
  • 0Acres
  • Multi-FamilyType
  • ActiveStatus
  • 12654464MLS#
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Property Description 5203 S Peoria Street, Chicago, IL, 60609

Exceptional investment opportunity in the rapidly growing New City neighborhood! This brand-new LEGAL 4-unit gut rehab was completely rebuilt down to the studs, offering turnkey ownership with modern finishes and major system upgrades throughout. The property features a total of 8 bedrooms and 4 bathrooms across spacious units designed for strong rental appeal and low maintenance ownership. Major capital improvements include all new HVAC systems, plumbing, electrical, roof, windows, and a newly installed concrete parking pad with a secure front metal fence. Each unit showcases modern white shaker cabinetry, quartz countertops, stainless steel appliances, waterproof LVP flooring, in-unit laundry hookups, and updated contemporary finishes throughout. The property also includes partially finished basements offering additional storage or future value-add potential. Ideal for investors seeking a stabilized, low-maintenance asset with strong income potential in an appreciating area. Located near minutes from Rate Field, expressways, schools, transportation, shopping. Schedule a tour!



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Property Details 5203 S Peoria Street, Chicago, IL, 60609

  • On Market Date: 05/20/2026
  • Year Built: 1925
  • MLS#: 12654464
  • Type: Multi-Family
  • Status: Active
  • Price: $699,000
  • City: Chicago
  • State: IL
  • Zip: 60609
  • County: Cook
  • Development: NO
  • Date Last Updated: 05/21/2026

Bedrooms

  • Beds: 8

Bathrooms

  • Total Bathrooms: 4
  • Basement: Yes
  • Pool: NO
  • Water: Public
  • Sewer: Public Sewer
  • Heating: Forced Air

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