$1,500,000
SOLD JUN 18, 2025
9 Beds
6 Baths
3,234 Sq Ft
2024 Built

Recently Sold

$464 Per Sq Ft

25% Below List Price

182 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Forced Air Heating System
  • Deck
  • Property is near park
  • 3-minute walk to Sun Yat-Sen Park

About This Home

As of June 2025

Expertly crafted brick three-unit building located at 226 W 24th St, Chicago, IL 60616, in the heart of Chinatown. This brand-new construction offers spacious floor plans with high ceilings and abundant natural sunlight. Each unit features hardwood floors, brand new carpet in bedrooms, granite countertops in all kitchens, and brand new appliances. Convenience and comfort are ensured with a washer and dryer in every unit, and each unit has an en-suite bathroom plus a shared bathroom, making it two full bathrooms per unit. Enjoy the outdoor space with a deck in the back of every unit. The property includes three parking spaces and has the potential for an unfinished garden unit. Separate utilities provide convenience and independence for each unit. Located close to restaurants, parks, the river, stores, and near the Red Line station and CTA transportation, this property is ideal for investors or homeowners looking for a modern, well-located building with excellent amenities and potential for additional income.

Last Agent to Sell the Property

Rhonda Wong-Calace

Coldwell Banker Realty License #475192575 Listed on: 10/24/2024

Coldwell Banker Realty

Co-Listed By

Diana Simion

Coldwell Banker Realty License #475192710

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,901

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Lot Dimensions are 25 x 125
  • Paved or Partially Paved Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 3 Parking Spaces
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Window Screens
  • Deck
  • Property is near park

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,901

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: Yes
  • Year Built: 2024
  • Age: NEW Ready for Occupancy
  • Built Before 1978 (Y/N): No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Exterior Entry, Full, Walk-Out Access
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Window Features: Screens
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Hardwood Floors

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Off Alley, On Site
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Park, Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Dimensions: 25 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2901.11
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat
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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 List to Sale Price per Sq Ft
06/18/2025 06/18/25 Sold $1,500,000 -3.2% $464 / Sq Ft
04/23/2025 04/23/25 Pending -- -- --
04/14/2025 04/14/25 Price Changed $1,550,000 -16.2% $479 / Sq Ft
12/17/2024 12/17/24 Price Changed $1,850,000 -7.5% $572 / Sq Ft
10/23/2024 10/23/24 For Sale $1,999,000 -- $618 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $2,901 $100,000 $17,031 $82,969
2024 $2,901 $25,328 $17,031 $8,297
2023 $2,828 $13,750 $13,750 --
2022 $2,828 $13,750 $13,750 $0
2021 $2,765 $13,750 $13,750 $0
2020 $3,481 $15,625 $15,625 $0
2019 $3,139 $15,625 $15,625 $0
2018 $3,086 $15,625 $15,625 $0
2017 $2,354 $10,937 $10,937 $0
2016 $6,334 $31,626 $10,937 $20,689
2015 $5,795 $31,626 $10,937 $20,689
2014 $5,775 $31,123 $9,375 $21,748
2013 $5,661 $31,123 $9,375 $21,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12191397

Midwest Real Estate Data (MRED)

APN: 17282200270000