3012 W Warren Blvd Chicago, IL 60612
Garfield Park NeighborhoodEstimated payment $6,443/month
About This Home
Phenomenal opportunity to acquire 3012 W. Warren Blvd, a professionally managed 7-unit brick multifamily property in Chicago's East Garfield Park neighborhood with ideal RT-4 zoning. The building features a unit mix of (1) studio, (4) one-bedroom units, and (2) two-bedroom units, along with on-site laundry. The property provides immediate rental income with additional upside through rent growth, strategic improvements, and the potential conversion of existing one-bedroom unit into a two-bedroom layout. An attractive combination of affordability, tenant demand, and long-term income stability. Located just west of the United Center and the planned 1901 Project, the property is positioned near a major mixed-use redevelopment expected to bring new residential, retail, entertainment, hospitality, and public-space investment to the surrounding area. Perfect opportunity for investors seeking scale, value-add potential, and appreciation on Chicago's West Side.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,502
Year Built
- Built in 1928
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 25x100
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 5,133 Sq Ft Home
- 3-Story Property
Utilities
- Radiant Heating System
Community Details
Overview
- 7 Units
Building Details
- Electric Expense $1,206
- Fuel Expense $800
- Insurance Expense $3,100
- Maintenance Expense $8,804
- Manager Expense $7,246
- Trash Expense $2,563
- Water Sewer Expense $3,088
- Operating Expense $44,895
- Gross Income $114,720
- Net Operating Income $69,485
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 | $8,680 | $62,000 | $3,625 | $58,375 |
| 2024 | $8,680 | $62,000 | $3,625 | $58,375 |
| 2023 | $8,462 | $41,001 | $2,938 | $38,063 |
| 2022 | $8,462 | $41,001 | $2,938 | $38,063 |
| 2021 | $8,272 | $40,999 | $2,937 | $38,062 |
| 2020 | $5,019 | $22,456 | $2,937 | $19,519 |
| 2019 | $3,122 | $15,485 | $2,937 | $12,548 |
| 2018 | $4,945 | $24,951 | $2,937 | $22,014 |
| 2017 | $4,703 | $21,771 | $2,625 | $19,146 |
| 2016 | $4,360 | $21,771 | $2,625 | $19,146 |
| 2015 | $3,989 | $21,771 | $2,625 | $19,146 |
| 2014 | $3,873 | $20,876 | $2,500 | $18,376 |
| 2013 | $3,797 | $20,876 | $2,500 | $18,376 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/10/2026 07/10/26 | For Sale | $999,900 | +23.4% | $195 / Sq Ft | |
| 06/15/2022 06/15/22 | Sold | $810,000 | -7.4% | $158 / Sq Ft | View Prior Sale |
| 06/07/2022 06/07/22 | For Sale | $875,000 | 0.0% | $170 / Sq Ft | |
| 04/07/2022 04/07/22 | For Sale | $875,000 | +6.1% | $170 / Sq Ft | |
| 03/10/2022 03/10/22 | Pending | -- | -- | -- | |
| 02/24/2022 02/24/22 | Pending | -- | -- | -- | |
| 11/11/2021 11/11/21 | For Sale | $825,000 | +30.5% | $161 / Sq Ft | |
| 02/11/2020 02/11/20 | Sold | $632,000 | -6.4% | $123 / Sq Ft | View Prior Sale |
| 01/29/2020 01/29/20 | For Sale | $675,000 | 0.0% | $132 / Sq Ft | |
| 12/11/2019 12/11/19 | Pending | -- | -- | -- | |
| 10/31/2019 10/31/19 | Pending | -- | -- | -- | |
| 10/29/2019 10/29/19 | For Sale | $675,000 | -- | $132 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12702005
APN: 16123250390000
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 3031 W Warren Blvd
- 2952 W Warren Blvd Unit 2952
- 2935 W Warren Blvd
- 2921 W Washington Blvd Unit 3
- 2901 W Washington Blvd Unit 2
- 2906 W Madison St
- 2904 W Madison St
- 3139 W Washington Blvd
- 3143 W Warren Blvd
- 3153 W Madison St
- 3159 W Madison St
- 2948 W Wilcox St
- 2935 W Wilcox St
- 2816 W Washington Blvd
- 3169 W Monroe St
- 147 S Whipple St
- 2809 W Washington Blvd Unit 103
- 3200 W Lake St
- 3235 W Warren Blvd Unit 3
- 2833 W Walnut St
- 3029 W Washington Blvd Unit 2
- 2931 W Washington Blvd Unit 2
- 2950 W Monroe St
- 228 N Sacramento Blvd Unit G
- 3020 W Walnut St Unit 1
- 3212 W Warren Blvd Unit 2
- 2940 W Adams St
- 2809 W Washington Blvd Unit 201
- 209 S Albany Ave Unit 1
- 209 S Albany Ave Unit 2
- 3149 W Fulton St
- 2723 W Washington Blvd Unit 2nd Floor
- 2718 W Washington Blvd
- 3124 W Carroll Ave Unit 2
- 3301 W Walnut St
- 3144 W Carroll Ave Unit 2I
- 2824 W Van Buren St Unit 302
- 3302 W Fulton Blvd Unit 3
- 3341 W Fulton Blvd Unit 1
- 2720 W Harrison St
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