Seller's Agent in 2025
Dan Nelson
Compass
(773) 295-1751
2 in this area
185 Total Sales
1516 N Keystone Ave Chicago, IL 60651
West Humboldt Park Neighborhood
11
Beds
4
Baths
4,494
Sq Ft
1912
Built
Highlights
- 3 Car Detached Garage
- Enclosed Patio or Porch
- 4-minute walk to Keystone Playlot Park
About This Home
As of June 2025Investor alert in West Humboldt Park! This classic brick building is a legal 3-flat with an additional fully renovated 2-bedroom, 1-bath garden unit featuring front and rear egress. Situated on an oversized lot, the three large 3-bedroom, 1-bath units each offer formal dining rooms, high ceilings, hardwood floors, original built-ins, and enclosed back porches. The garden unit is currently vacant and ready to rent at market rates between 1,500-1,700 dollars/month, while the three main units are occupied and generating steady income. Recent improvements include two new furnaces and AC units (servicing three units), sump pump and flood control system, partial sewer line replacement, new stainless appliances in the basement, unit 2, and unit 3, a walkout door added to the basement, extended HVAC into the laundry, new washer and dryer, electrical upgrades, and a garage door opener for the 3-car garage. Roof is approximately 8 years old. All units have gas-forced air, central AC, and separate utilities. Shared laundry in basement. Garage provides extra income. Property is being sold as-is. Seller and broker make no representations as to the legal status of the garden unit.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,913
Year Built
- Built in 1912
Parking
- 3 Car Detached Garage
- Parking Included in Price
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- Window Screens
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 11 Bedrooms
- 11 Potential Bedrooms
- 4 Bathrooms
Finished Basement
- Partial Basement
- Sump Pump
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Enclosed Patio or Porch
- Lot Dimensions are 37x126
Community Details
- 4 Units
Listing and Financial Details
- Homeowner Tax Exemptions
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/02/2025 06/02/25 | Sold | $675,000 | +3.8% | $150 / Sq Ft | |
| 04/29/2025 04/29/25 | Pending | -- | -- | -- | |
| 04/23/2025 04/23/25 | For Sale | $650,000 | +18.2% | $145 / Sq Ft | |
| 04/27/2023 04/27/23 | Sold | $550,000 | 0.0% | $122 / Sq Ft | View Prior Sale |
| 03/29/2023 03/29/23 | For Sale | $550,000 | 0.0% | $122 / Sq Ft | |
| 03/28/2023 03/28/23 | Pending | -- | -- | -- | |
| 03/27/2023 03/27/23 | Off Market | $550,000 | -- | -- | |
| 03/21/2023 03/21/23 | For Sale | $550,000 | -- | $122 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,913 | $50,231 | $7,088 | $43,143 |
| 2024 | $8,913 | $50,231 | $7,088 | $43,143 |
| 2023 | $8,663 | $42,116 | $5,670 | $36,446 |
| 2022 | $8,663 | $42,116 | $5,670 | $36,446 |
| 2021 | $9,219 | $45,846 | $5,670 | $40,176 |
| 2020 | $6,369 | $28,588 | $6,615 | $21,973 |
| 2019 | $6,679 | $33,242 | $6,615 | $26,627 |
| 2018 | $6,566 | $33,242 | $6,615 | $26,627 |
| 2017 | $4,580 | $21,275 | $5,906 | $15,369 |
| 2016 | $3,761 | $21,275 | $5,906 | $15,369 |
| 2015 | $3,835 | $23,549 | $5,906 | $17,643 |
| 2014 | $4,123 | $24,792 | $5,670 | $19,122 |
| 2013 | $4,031 | $24,792 | $5,670 | $19,122 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Nelson
-
Bruce Glazer
Buyer's Agent in 2025
Bruce Glazer
@ Properties
(765) 914-8199
1 in this area
157 Total Sales
-
Alexandra Burki
Seller's Agent in 2023
Alexandra Burki
@ Properties
(312) 480-9918
1 in this area
46 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12325723
APN: 16032090260000
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