$495,000
Chicago, IL 60607
**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.
Estimated monthly cost for this home
$4,236/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (7.4%, 2026-10-08). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| Listed Oct 14, 2026 | $495,000 |
| 2025 property taxes | $9,251/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
Elementary
Smyth Elementary School
299
Middle
Smyth Elementary School
299
High school
Wells Community Academy High School299
See programs, enrollment & homes near this school →
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Compass, listed by Mehdi Mova.
Information last updated Oct 14, 2026, 8:09 PM.
812 Miller Street
Chicago, IL 60607

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.