NOT LISTED FOR SALE
4 Beds
2 Baths
-- Sq Ft
1895 Built

Last Sold January 24, 2025

Last sale price $712,500

7 Days on Market

Highlights

  • Victorian Architecture
  • Fenced Yard
  • Enclosed Patio or Porch
  • Lower Floor Utility Room
  • 2 Car Detached Garage
  • 1-minute walk to Logan Square Dog Park

About This Home

As of January 2025

Turnkey 2-flat on the edge of Chicago's sought-after Bucktown and Logan Square neighborhoods. Gut-renovated in 2016 with no detail overlooked, this property offers both style and function, making it an exceptional opportunity for homeowners and investors alike. Currently operated as a successful Airbnb, this building is well maintained and a strong income-producer generating $89K in annual revenue (7.7% CAP after expenses). Each of the two units feature 2 bedrooms and 1 bathroom, with thoughtful updates and finishes that appeal to today's renters and short-term guests. From sleek kitchens and baths to a meticulously clean basement/foundation, the quality of the renovation shines through every space. Just off Logan Blvd, this location is close to some of the city's best dining, shopping, and entertainment. Whether you're looking to invest or live in one unit while renting out the other, 2505 N Artesian Ave is an unparalleled opportunity in one of Chicago's most dynamic areas.

Last Agent to Sell the Property

Curtis Crotty

Keller Williams ONEChicago License #475179945 Listed on: 12/10/2024

Keller Williams ONEChicago

Last Buyer's Agent

Jim Abbott

Baird & Warner License #475163414

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,297

Year Built

  • Built in 1895 | Remodeled in 2016

Lot Details

  • Lot Dimensions are 25 x 126
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Victorian Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Rough-In Basement Bathroom

Additional Features

  • Lower Floor Utility Room
  • Enclosed Patio or Porch
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Net Operating Income $59,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,297

Year Built

Built in 1895 | Remodeled in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Room Type: Enclosed Porch, Utility Room-Lower Level
  • Basement Description: Partially Finished,Exterior Access,Bathroom Rough-In
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 126
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 59000
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 11297.22
  • Tax Year: 2023
  • Tax Exemptions: None
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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 Prior Sale
01/24/2025 01/24/25 Sold $712,500 -1.7% --
12/17/2024 12/17/24 Pending -- -- --
12/10/2024 12/10/24 For Sale $725,000 +3.6% --
10/04/2022 10/04/22 Sold $699,900 0.0% -- View Prior Sale
09/03/2022 09/03/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $699,900 +29.6% --
05/02/2016 05/02/16 Sold $540,000 -4.3% -- View Prior Sale
04/01/2016 04/01/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $564,000 +46.5% --
09/22/2014 09/22/14 Sold $385,000 -2.5% -- View Prior Sale
03/17/2014 03/17/14 Pending -- -- --
03/14/2014 03/14/14 Price Changed $395,000 0.0% --
03/14/2014 03/14/14 For Sale $395,000 +2.6% --
03/13/2014 03/13/14 Off Market $385,000 -- --
03/06/2014 03/06/14 Price Changed $425,000 0.0% --
03/06/2014 03/06/14 For Sale $425,000 +10.4% --
12/30/2013 12/30/13 Off Market $385,000 -- --
12/27/2013 12/27/13 For Sale $375,000 -- --
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 $11,297 $53,000 $19,530 $33,470
2024 $11,297 $53,000 $19,530 $33,470
2023 $10,305 $53,353 $15,750 $37,603
2022 $10,305 $53,353 $15,750 $37,603
2021 $10,092 $53,353 $15,750 $37,603
2020 $8,207 $36,707 $8,977 $27,730
2019 $8,411 $41,713 $8,977 $32,736
2018 $8,240 $41,713 $8,977 $32,736
2017 $6,578 $30,555 $7,875 $22,680
2016 $7,728 $38,584 $7,875 $30,709
2015 $7,070 $38,584 $7,875 $30,709
2014 $6,022 $32,457 $6,300 $26,157
2013 $5,083 $32,457 $6,300 $26,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12223400

Midwest Real Estate Data (MRED)