$925,000
SOLD AUG 6, 2026

2854 W Grace St Chicago, IL 60618

Irving Park Neighborhood
6 Beds
4 Baths
-- Sq Ft
1928 Built

Sale Details

Date Sold: August 6, 2026

6% Below List Price

Highlights

  • Traditional Architecture
  • Fenced
  • 3-minute walk to California Park
  • Corner Lot

About This Home

As of August 2026

Stately yellow brick 4 flat on the corner of Francisco and Grace in an area screaming with rehabs and new construction. All apartments are in great condition with updated kitchens and baths, refinished hardwood floors and separate heat. Full high basement offers ability to expand living space. All leased apartments with great tenants that share the lovely rear yard. Great income investment Net income $60894. with room to expand. 6% return cash on cash.

Last Agent to Sell the Property

Matthew Mika

Compass License #471001481 Listed on: 06/12/2026

Compass

Co-Listed By

Norbert Mika

Compass License #471001355

Compass

Last Buyer's Agent

Norbert Mika

Compass License #471001355

Compass
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,762

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 30 x 125
  • Fenced
  • Corner Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $390
  • Fuel Expense $2,216
  • Insurance Expense $3,732
  • Water Sewer Expense $1,866
  • Gross Income $82,860
  • Net Operating Income $60,894

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,762

Year Built

Built in 1928

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • HabitableResidenceYN: Yes
  • New Construction: No
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Storage Space, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Roof: Rubber
  • Waterfront: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 1866

Lot Info

  • Lot Dimensions: 30 X 125
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: No
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 60894
  • Fuel Expense: 2216
  • Insurance Expense: 3732
  • ElectricExpense: 390
  • GrossIncome: 82860
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 13762
  • Tax Year: 2024
  • Tax Exemptions: None

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Irving Park, IL

  • Rafay Qamar Real Estate Agent - Real Broker LLC

    Rafay Qamar

    Real Broker LLC

    (833) 359-9113

    1,071 Total Sales

    14 in Irving Park

    $190K - $905K Price Range

    Rafay Qamar
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  • Martin Medenica Real Estate Agent - Martin Medenica

    Martin Medenica

    Martin Medenica

    (312) 262-5566

    33 Total Sales

    2 in Irving Park

    $620K - $655K Price Range

    Martin Medenica
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  • Christopher Karam Real Estate Agent - Homesmart Realty Group

    Christopher Karam

    Responds Quickly

    Homesmart Realty Group

    (708) 729-8674

    18 Total Sales

    1 in Irving Park

    $1,175,000 Price

    Christopher Karam
     Section Image
  • Lauren Sauer Real Estate Agent - @properties Christie's International Real Estate

    Lauren Sauer

    @properties Christie's International Real Estate

    (224) 803-3663

    58 Total Sales

    1 in Irving Park

    $1,299,000 Price

    Lauren Sauer
     Section Image
  • Paul Frischer Real Estate Agent - Berkshire Hathaway HomeServices Chicago

    Paul Frischer

    Berkshire Hathaway HomeServices Chicago

    (224) 207-8723

    56 Total Sales

    1 in Irving Park

    $105,000 Price

    Paul Frischer
     Section Image
  • Flor Lumpkins Real Estate Agent - Keller Williams Thrive

    Flor Lumpkins

    Keller Williams Thrive

    (844) 404-2998

    80 Total Sales

    1 in Irving Park

    $439,000 Price

    Flor Lumpkins
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/06/2026 08/06/26 Sold $925,000 -6.1% --
06/18/2026 06/18/26 Pending -- -- --
06/12/2026 06/12/26 For Sale $985,000 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

  • Matthew Mika Real Estate Agent - Compass

    Seller's Agent in 2026

    Matthew Mika

    Compass

    (773) 406-1792

    5 in this area

    221 Total Sales

    Matthew Mika
    Section Image
  • Norbert Mika Real Estate Agent - Compass

    Seller Co-Listing Agent in 2026

    Norbert Mika

    Compass

    (773) 406-7116

    3 in this area

    83 Total Sales

    Norbert Mika
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12676094

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60618 Irving Park

2854 W Grace St, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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