$1,040,000

1527 N Western Avenue, Chicago, IL 60622

  • 11 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1897
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Calling all investors and house hackers! Brick legal three-flat with an additional garden unit on the edge of Wicker Park. This SOLID building features eleven bedrooms and four bathrooms across approximately 4,600 square feet, with all units on separate meters and equipped with central air conditioning. Each of the three main units includes three bedrooms and one bathroom plus porch, all rehabbed around 2015, while the garden unit offers two bedrooms and one bathroom with private side and rear access. The building includes a three-car parking pad, a newer coin-operated laundry system for additional income. With current rents totaling $8,315 per month and a pro forma potential of $9,750, the property is already cash-flowing and offers further upside with cosmetic updates or in unit washer/dryer. Longer-term leases are in place for three of the four units, and tenants pay their own gas and electric, keeping operational costs low. Located just steps from the CTA Blue Line, 606 Trail, and some of Chicago's best restaurants and nightlife, this well-maintained asset offers prime convenience and steady returns in one of the city's most sought-after neighborhoods. Whether you're looking to offset your housing costs or expand your portfolio with a stable income-generating property this brick beauty delivers on all fronts.

Listing Status:
Active
Listing Office:
eXp Realty : 773-630-9205
Listing Agent:
Michael Scanlon : 773-630-9205
MLS ID:
12422904
  • Basement: FinishedFull
  • Heating: Electric

This listing courtesy of Michael Scanlon, eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sabin Elementary Magnet School

2216 W Hirsch St, Chicago, IL, 60622

Grades PK-8

0.24 miles away

S

Sabin Elementary Magnet School

2216 W Hirsch St, Chicago, IL, 60622

Grades PK-8

0.24 miles away

P

Pathways in Education - Humboldt Park High School

2421 W Division St, Chicago, IL, 60622

Grades 9-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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