**MOTIVATED SELLER - EXCEPTIONAL INVESTMENT OPPORTUNITY IN LITTLE ITALY NEAR UIC!** An outstanding opportunity for investors seeking strong rental income and long-term appreciation potential in one of Chicago's convenient rental markets. This spacious approximately 2,500-square-foot ground-level residence features **5 bedrooms, 2 full bathrooms, and current rental income of $4,250 per month, offering an attractive income-producing asset with potential for future rent growth. Ideally situated in the heart of Little Italy, just steps from the University of Illinois Chicago (UIC) and the vibrant Taylor Street corridor, this property benefits from convenient access to the university, medical campuses, restaurants, cafes, shopping, and public transportation. Its location also provides easy access to the West Loop, downtown Chicago, the Loop, and major expressways-an appealing combination for students, medical professionals, university employees, and other urban renters. Inside, the generously sized layout offers five bedrooms, updated flooring, kitchen appliances replaced in 2021 and 2026, and a gas fireplace. One exterior parking space is included-a valuable convenience in this sought-after city location-with additional street parking available nearby. The combination of substantial living space, multiple bedrooms, established rental income, and convenient access to major employment and education centers makes this an attractive addition to an investment portfolio. The property may also appeal to owner-occupants looking for a spacious city residence with income-producing potential.
Little Italy, located between the University of Illinois Chicago campus and the West Loop, is a historic and walkable Chicago neighborhood with classic brick flats and a restaurant-lined main drag. The neighborhood’s character concentrates along Taylor Street near Racine Avenue, where old-school Italian eateries, espresso counters, and corner bakeries keep the sidewalks busy. Community pillars include the National Italian American Sports Hall of Fame, the Italian American Museum of Chicago, and Rosebud on Taylor. Tree-lined blocks mix greystones, two-flats, and newer mid-rises, giving the streetscape a layered look. Arrigo Park and the surrounding courts add a daily rhythm of pick-up games and festivals. CTA Blue Line access at UIC-Halsted links the area to downtown and O’Hare.
Provided by Walk Score and Local Logic
Offer insights
812 S Miller St Unit G · $495,000
$507K and above
75% chance or better to win
Why $507K+ is a strong offer
DAYS ON MARKET
10 days
The average home goes pending in 52 days.
SALE-TO-LIST
99.9%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Separate dining room
Living room fireplace
Bedrooms
5 bedrooms on the main level
Bathrooms
2 full bathrooms
Kitchen
Range, microwave, dishwasher, and refrigerator
Laundry & utility
Common-area laundry
Flooring
Carpet and vinyl flooring
Heating & cooling
Forced-air heating
Central air conditioning
Home design
Condo
Attached single-level property
Parking
1 assigned, owned parking space
Construction
Brick construction
Rehabbed in 2021
Utilities
Public water
Public sewer
HOA & community
Pets allowed, including cats and dogs
Monthly association fee includes parking, insurance, exterior maintenance, lawn care, scavenger service, and snow removal
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Condo/Co-op
County
Cook County
APN
17174200621001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 11, 2023.
RT-4
Residential Two-Flat, Townhouse and Multi-Unit District
The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60607
Average low and high temperatures (°F)
31
17
39
25
55
36
62
45
68
53
81
66
86
72
81
68
78
63
68
53
52
40
38
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
This home ranks in the top 22% for direct sun exposure in Chicago. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.4 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 812 S Miller St Unit G
$496,240
$1,240 over list price of $495K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $355K to $483K.