$1,600,000
PENDING $50K PRICE DROP

Estimated payment $10,483/month

Total Views 6,491
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • A.N. Pritzker School Rated A-
  • 5-minute walk to Division Station

About This Home

An incredible opportunity awaits in the heart of Wicker Park! This property is a turnkey 5-unit investment property in one of Chicago's most desirable neighborhoods with multiple suitable options for an owner's unit. This well-maintained building features four front units, each offering spacious layouts with 3-bed/1-bath configurations (one unit with 2-bed/1-bath), plus a rear two-level coach house boasting 3 beds and 2.1 baths. Updates have elevated this property, including modernized kitchens, renovated bathrooms, and central air. Positioned in the sought-after Division St. corridor, this prime location offers easy access to the Blue Line, top-rated restaurants, boutique shopping, and vibrant nightlife. Whether expanding your portfolio or securing a high-yield asset in a thriving rental market, this Wicker Park gem delivers immediate cash flow and long-term appreciation.

Listing Agent

Mark Dollard

Jameson Sotheby's Intl Realty Brokerage Phone: (773) 677-2529 License #475125710 Listed on: 04/10/2025

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,393

Year Built

  • Built in 1891

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Concrete Perimeter Foundation

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • 3-Story Property
  • Lot Dimensions are 25x128

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $606
  • Fuel Expense $79
  • Insurance Expense $5,196
  • Maintenance Expense $9,454
  • Manager Expense $7,199
  • Other Expense $170
  • Trash Expense $2,693
  • Water Sewer Expense $2,057
  • Operating Expense $60,542
  • Gross Income $13,000
  • Net Operating Income $91,733

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,393

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1891
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Attribution Contact: (773) 677-2529
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Multi-Family, Single Family
  • Fireplaces: 2
  • Dishwashers: 5
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 2
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Wood, Frame
  • Foundation Details: Concrete Perimeter, Stone
  • Frontage Type: City Street
  • List Price: 1600000
  • Misc Outside: Enclosed Porch,Storms and Screens (as exist)

Utilities

  • Cooling: Central Air
  • Heat/Ventilation: Forced Air,Gas
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Manager Expense: 7199
  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 2693
  • Water Sewer Expenses: 2057
  • Janitor Expense: 1320

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X128
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 91733
  • Fuel Expense: 79
  • Insurance Expense: 5196
  • ElectricExpense: 606
  • GrossIncome: 13000
  • Maintenance Expense: 9454
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 60542
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 24393
  • Tax Year: 2023

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Pending -- -- --
05/13/2025 05/13/25 Price Changed $1,600,000 -3.0% --
04/10/2025 04/10/25 For Sale $1,650,000 +17.9% --
04/19/2016 04/19/16 Sold $1,400,000 +0.1% --
03/08/2016 03/08/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $1,399,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12288412

Midwest Real Estate Data (MRED)

APN: 17-06-411-005