1514 W Fry St Chicago, IL 60642
West Town NeighborhoodEstimated payment $6,550/month
About This Home
Motivated Seller - WIDE 40' LOT! 5 TOTAL UNITS - Exceptional investment opportunity in one of Chicago's hottest growth corridors-East Village/West Town/Noble Square! This solid brick 3-flat includes a non-conforming basement unit and coach house, offering significant income potential and multiple exit strategies. Ideal for an investor, developer, or house-hacker looking to capitalize on location and value-add possibilities. Long-term tenants currently in place with below-market rents unlock immediate upside through renovation and rent adjustments. Units 1 & 2 feature forced heat and central air; Unit 3 offers forced heat with window A/C. Prime urban setting surrounded by new construction and renovated multi-units, with quick access to I-90/94, #9 Ashland and #72 Chicago buses, restaurants, coffee shops, and nightlife. Endless potential-convert, upgrade, or rebuild for maximum ROI. Property sold as-is. Seller and agent make no legal representation as to the non-conforming units.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $28,569
Year Built
- Built in 1903
Lot Details
- Lot Dimensions are 40x69
- Paved or Partially Paved Lot
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Schools
- Otis Elementary School
- Wells Community Academy Senior H High School
Additional Features
- Partial Basement
- Property is near a park
- Heating System Uses Natural Gas
Community Details
Overview
- 3 Units
Building Details
- Professional Management Expense $500
- Water Sewer Expense $4,059
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | Pending | -- | -- | -- |
| 11/05/2025 11/05/25 | For Sale | $795,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12501339
APN: 17053220280000
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