251 S Dearborn Street | MLS #MBR22082127

Listing provided courtesy of Trueblood Real EstateMLS# MBR22082127

Welcome to this recently renovated 1 bed, 1 bath duplex just minutes from Mass Ave, Downtown, and Fountain Square! Enjoy a refreshed kitchen and bathroom, fresh paint throughout, and a prime location close to some of the city's best dining and entertainment. All units are fully occupied with tenants in good standing. To limit tenant disturbance, there will be no in-person showings without an accepted offer, but video walkthroughs are attached to the listing. Preference is to sell this duplex as part of a portfolio package totaling seven units. The package includes: 406 S. Lasalle St (single-family home with 2 bedrooms and 1 bathroom), 3702 N. Kenwood Ave (duplex with 2 bedrooms and 1 bathroom per unit), and 2301 Perkins Ave (duplex with 2 bedrooms and 1 bathroom per unit). Together, these properties comprise seven income-producing units, offering a strong, diversified revenue stream. Leases/Ledgers are available for each occupied unit.

Source: MIBOR, MLS#: MBR22082127

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Property Type

Residential Income
Lot

0.10 acres

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Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 251 S Dearborn Street

Schools

School data unavailable,
School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value	Agent
5/31/2026Source: MIBOR	Price Reduction	$145,000 -3.3%
4/27/2026Source: MIBOR	Added to Database	April 27, 2026