
2448 W Iowa St Chicago, IL 60622
Ukrainian Village NeighborhoodEstimated payment $10,465/month
About This Home
Incredible Value-Add Opportunity! 6-unit plus garden in a great location with a lot of new development close to restaurants, shops and transportation. Well maintained building that is fully rented with long term tenants. All units have GFA/CA and tenants pay their own heat. Plumbing and electric have been upgraded. Roof approximately 10 years old. 5 units have in-unit washer/dryer and 2 units share laundry in the basement. The three front units are 2 bedroom/1 bath, the three rear units are 1 bedroom/1 bath and the garden unit is a studio. Property being sold AS-IS.
Listing Agent
@properties Christie's International Real Estate License #475132181 Listed on: 07/24/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $30,474
Year Built
- Built in 1878
Home Design
- Brick Exterior Construction
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Separate Meters
Additional Features
- 3-Story Property
- Lot Dimensions are 29 x 125
Community Details
Overview
- 7 Units
Building Details
- Electric Expense $1,200
- Fuel Expense $2,400
- Insurance Expense $4,200
- Maintenance Expense $6,000
- Trash Expense $2,400
- Water Sewer Expense $1,200
- Operating Expense $47,874
- Gross Income $114,300
- Net Operating Income $66,426
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/24/2025 07/24/25 | Pending | -- | -- | -- |
Similar Home in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12424097

APN: 16014230220000
- 2447 W Walton St Unit 2
- 921 N Campbell Ave Unit 4N
- 2417 W Walton St Unit 3
- 2411 W Walton St Unit 2B
- 2450 W Chicago Ave
- 2424 W Chicago Ave Unit 202
- 2424 W Chicago Ave Unit 203
- 2414 W Augusta Blvd
- 2339 W Rice St Unit C
- 2150 W Chicago Ave
- 2554 W Augusta Blvd
- 2456 W Cortez St Unit 3W
- 2456 W Cortez St Unit 3E
- 2456 W Cortez St Unit 2E
- 2456 W Cortez St Unit 2W
- 2434 W Superior St
- 2307 W Walton St Unit GW
- 2618 W Rice St
- 2328 W Augusta Blvd Unit 1F
- 2435 W Superior St