Chicago IL Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
6
Year built:
1897
Baths:
4.00
MLS#:
12205328

ADDITIONAL INFORMATION

Beautiful and stately brick and limestone two flat with coach house unit on oversized 50x165 lot in perfect Ravenswood location. This property sits on one way Paulina Street set back from the street among multi-million dollar homes and high end condos. Same owner since 1998. Considerable work done over the years including total rehab of first floor with installation of hardwood, kitchen rehab, bathroom renovations, addition of HVAC and updated electrical. Renovation of unit 2 in 2016 includes addition of HVAC, kitchen and bath renovations, refinishing flooring and outdoor decking. Main building and coach house have been well maintained and updated with complete tear off roofs and rebuilding of parapet walls and tuckpointing all completed in 2019. First floor duplex unit boasts two beds and two baths, spacious and grand living space, updated bathrooms and kitchen. Second floor unit has three bedrooms, extra-large living space, updated bath and kitchen. Unit 2 is tenant occupied with tenants on mo/mo lease, coach house unit (one bed one bath) is occupied and also on mo/mo lease. Five car garage. Beautiful side and backyards. This is truly a special property in amazing location close to Metra, "L", Marianos, Lincoln Square, Andersonville, Ravenswood restaurants and shopping.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Year built:
1910
Baths:
10.00
MLS#:
12197878

ADDITIONAL INFORMATION

Discover a rare opportunity with this exquisitely updated 3-unit multi-family property, originally built in 1910, located in the heart of Sheridan Park between Ravenswood and Uptown. Adding to the allure is the prized, adjoining secret garden-a serene oasis tucked away from the bustling city. With its lush greenery and tranquil charm, it offers a rare retreat in an urban setting, providing a perfect escape for relaxation and enjoyment. This additional lot also holds potential for future development or can remain as a cherished garden, enhancing the property's uniqueness. Seamlessly blending historic charm with modern conveniences, this property offers endless potential for both homeowners and investors. Each of the three expansive units features classic architectural details such as original built-ins, antique ice chests, butler's pantries, stunning millwork, stained glass windows, and gas fireplaces. The spacious floorplans include grand foyers, three large bedrooms (two en-suite), bright living rooms with built-in bookcases, and enclosed sunporches that provide treetop views and an abundance of natural light. A charming library in each unit can easily serve as a fourth bedroom, adding flexibility for tenants or owners. A true standout feature is the lower-level basement, which holds the potential to be re-imagined as a fourth unit-unlocking even more value. The property has been thoughtfully updated, ensuring the perfect blend of old-world elegance and contemporary living. Security and convenience are prioritized, with a fully gated lot, security cameras, an alarm system, and rare garage parking for up to seven vehicles. Situated just steps from public transit, boutique shopping, and a vibrant restaurant scene, this multifamily masterpiece offers an unmatched urban lifestyle. Whether you're looking to generate rental income or secure a one-of-a-kind residence with investment potential, this property is a true investor's goldmine. Pride of ownership shines throughout-schedule your showing today and explore the possibilities! Please note: Each unit is a separate unit part of a three unit condo with its own PIN.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
11
Year built:
1997
Baths:
7.00
MLS#:
12182138
Subdivision:
Andersonville

ADDITIONAL INFORMATION

This property has two solid strategies. First, you can live in one unit and rent out the other three units. Why buy a $400,000 condominium when you can buy this 4-unit building and live for practically free? Second, you can just keep the entire building as an investment property! May I add: this building is immaculately maintained, and it makes money! This is a legal, 4-unit building and each unit has a rare bedroom and bathroom count. There are three above-grade units, and there is a garden unit. The three above-grade units consist of three bedrooms and two full bathroom units. These three above-grade units are also spacious, well-lit and impressive! All three above-grade units feature hardwood floors, tall ceilings, an open concept floor plan accentuated by a beautiful kitchen, recessed lighting and many windows for that natural, crisp sunlight followed by three spacious bedrooms with a lot of closet space and two full bathrooms; there is one full, common bathroom and the primary bedroom features a primary bathroom for that extra sense of convenience and privacy. You will love each unit! You will also love the garden unit; it features two bedrooms, and a full bathroom; it is spacious and functional and just right. And, it is equally impressive! There is a common, coin-operated laundry facility in the rear, lower level and there is a rear, 3-car detached garage that can easily accommodate additional cars if the garage door remains open on both sides. This beautiful building is close to it all: shopping, schools, transportation, notable Side Practice Coffee and minutes away from Andersonville! It is a must see. It is a true armchair investment. A 10!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1901
Baths:
3.00
MLS#:
12171636
Subdivision:
Bowmanville

ADDITIONAL INFORMATION

Outstanding opportunity to own this brick 2 flat which has been in the family for a couple of decades! First floor features two bedrooms, 1 bath, living door room and formal dining room. The front bedroom has stairs leading to the basement making it easy to duplex down. The second-floor features three bedrooms, 1 bath, living room and formal dining room. Both units have hardwood floors. Full finished basement with exterior access. Newer two car garage and a good size backyard. Terrific Lincoln Square/Bowmanville location with the Metra station located within one mile, parks, Lake Michigan and within walking distance of Amundsen High School. Steps away from Andersonville with its famous local restaurants and shopping. Property needs work but has tremendous upside potential. Sold "as-is".

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1899
Baths:
3.00
MLS#:
12169093

ADDITIONAL INFORMATION

Come check out this gut-rehabbed 2-flat + finished basement in Uptown / Andersonville! Potential gross rents of $74,400 annually once rented out! Located on a 25x180 sq. ft. lot on a quiet residential street, this property is the perfect place for a new owner in search of a big backyard to call home. 4870 N Magnolia was recently renovated with all new utilities and interior finishes. The bathrooms feature brand new finishes and the property still shows its original style and character. The first floor is a 2br/1ba apartment, second floor is 3br/1ba, and the basement has a sink and additional bedroom, allowing for a potential 3rd unit or duplex down with the first floor. Basement even features a cellar for additional storage or creative wine cellar! The second floor 3br/1ba has living and dining rooms - the front living room can easily be converted into a large master bedroom with the current bedroom as a massive walk-in closet. This would make for a PERFECT owner-user unit. WHOLE PROPERTY WILL HAVE BRAND NEW WINDOWS INSTALLED IN MID-NOVEMBER! Truly no major expenses left for the buyer of this beautiful building.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1993
Baths:
8.00
MLS#:
12140583

ADDITIONAL INFORMATION

Amazing Investment Opportunity! Extra-wide legal three flat in Uptown could easily be a turnkey investment for the armchair investor. 2 Units currently rented, this all-masonry comes with nice hardwood flooring throughout and your private roof top! Also, it has individual central air and heat. Just blocks from the lake, beach, parks, music district, Red Line, Aldi, Target, The Baton, and Green Mill Tavern, this location has it all! A Must Buy!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1915
Baths:
3.00
MLS#:
12116332

ADDITIONAL INFORMATION

Home is currently under construction, price is reflective of the work that has been done to this point.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1908
Baths:
1.00
MLS#:
12071978

ADDITIONAL INFORMATION

Location , location, location ! Beautiful 2 flat brick building in the heart of Andersonville. Nearby public transportation, great schools, wonderful neighborhood. This 2 flat features one unit with 2 bedrooms 1 bath, second unit with 3 bedrooms 1 bath and a bonus in-law lower level apartment with 2 bedrooms 1 bath. Detached 2 car garage. Make this your home or next investment in one of Chicago's most sought out neighborhoods. Home is being sold "as is."

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Chicago Real Estate

The median home value in Chicago, IL is $284,100. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Chicago, IL is $284,100. Approximately 40.54% of Chicago homes are owned, compared to 48.29% rented, while 11.17% are vacant. Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chicago real estate agent to arrange a tour today!

Chicago, Illinois 60640 has a population of 2,742,119. Chicago 60640 is less family-centric than the surrounding county with 24.86% of the households containing married families with children. The county average for households married with children is 29.73%.

The median household income in Chicago, Illinois 60640 is $65,781. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Chicago 60640 is 35.1 years.

Chicago Weather

The average high temperature in July is 83.9 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 38.2 inches per year, with 35.1 inches of snow per year.

Chicago Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    154
    30-day change

Chicago Schools and Demographics

Education near Chicago, IL

Metric City County
High School Graduates 86.3 87.97
College Degree - 2 year 5.75 6.73
College Degree - 4 year 41.67 40.75
Graduate Degree 12.15 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Chicago, IL

School Grades Students P/T Ratio ZIP
Blaine Elementary School PK - 08 891 20.6 60613
Budlong Elementary School PK - 08 845 17.4 60625
Courtenay Elementary Language Arts Center PK - 08 554 12.4 60640
Disney Elementary Magnet School PK - 08 1,650 19.5 60613
Eberhart Elementary School PK - 08 1,545 19.7 60629
Goudy Technology Academy PK - 08 752 16.4 60640
Greeley Elementary School PK - 08 678 16.2 60613
Haugan Elementary School PK - 06 1,139 17.7 60625
HAYT Elementary School PK - 08 994 18.5 60660
Hibbard Elementary School PK - 06 1,150 17.1 60625
Inter-American Elementary Magnet School PK - 08 652 17.1 60613
McCutcheon Elementary School PK - 08 454 12.6 60640
McPherson Elementary School PK - 08 770 13.9 60640
Nettelhorst Elementary School PK - 08 829 18.3 60657
Peck Elementary School PK - 08 1,633 19.6 60629
Peirce Elementary International Studies School PK - 08 1,025 19.3 60660
Peterson Elementary School PK - 08 877 17 60625
Sawyer Elementary School KG - 08 1,800 21.9 60632
Volta Elementary School PK - 08 988 17.7 60625
Waters Elementary School KG - 08 622 18.6 60625

Middle Schools near Chicago, IL

School Grades Students P/T Ratio ZIP
Albany Park Multicultural Elementary School 07 - 08 269 19.2 60625
Castellanos Elementary School 04 - 08 574 18.9 60623
Chicago Talent Development High School 09 - 12 276 25 60612
Evergreen Academy Elementary School 06 - 08 365 15.4 60609
Field Elementary School 04 - 08 342 15.8 60626
Frazier Prep Acad Elementary School PK - 08 439 60624
Hernandez Middle School 06 - 08 942 19.5 60632
KIPP Create Charter School 05 - 07 234 16.7 60644
Madero Middle School 06 - 08 323 17.9 60623
Northwest Middle School 06 - 08 566 16.5 60639
School of Leadership High School 11 - 12 395 13.2 60649
Shields Middle School 05 - 08 706 18.4 60632

High Schools near Chicago, IL

School Grades Students P/T Ratio ZIP
Curie Metropolitan High School 09 - 12 3,040 17 60632
Kelly High School 09 - 12 2,152 15.1 60632
Lake View High School 09 - 12 1,339 15.8 60613
Lane Technical High School 07 - 12 4,057 19.4 60618
Lincoln Park High School 09 - 12 2,261 18.1 60614
Rickover Naval Academy High School 09 - 12 552 20.4 60660
Schurz High School 09 - 12 2,283 16 60641
SENN High School 09 - 12 1,279 15.7 60660
Taft High School 07 - 12 3,185 17.5 60631
Uplift Community High School 09 - 12 324 12.8 60640
Young Magnet High School 07 - 12 2,205 19.1 60607
Youth Connections Charter High School 10 - 12 3,906 18.9 60616

Ungraded Schools near Chicago, IL

School Grades Students P/T Ratio ZIP
* Jefferson Alternative High School 07 - 12 273 3.6 60612
* York Alternative High School 09 - 12 254 2.7 60608
Amandla Charter School 05 - 11 325 12.5 60621
Aspira Charter Schools 06 - 12 1,165 15.5 60647
Brunson Math & Sci Specialty Elementary PK - 08 614 20.9 60651
Camelot Safe Academy - Garfield Park 06 - 12 0 60624
Catalyst Charter - Maria ES KG - 12 955 36.7 60629
Chalmers Elementary Specialty School PK - 08 358 14.7 60608
Chicago International Charter School KG - 12 8,347 16.7 60603
Chicago Math & Sci Elementary Charter 06 - 12 606 14.2 60626
Chicago Virtual Charter School KG - 12 675 21.4 60607
Disney II Magnet HS 07 - 10 490 9.4 60618
Excel Academy - Southwest HS 10 - 10 2 60620
Excel Academy - Woodlawn HS 09 - 09 3 0.3 60637
Goode Stem Academy HS 09 - 11 643 16.6 60652
Intrinsic Charter High School 07 - 10 448 20.9 60602
Learn Charter Schools PK - 12 3,031 19.8 60624
Legal Prep Academy High School 09 - 11 249 14.6 60612
Montefiore Special Elementary School 05 - 08 24 2.8 60608
Noble Street Charter Schools 06 - 12 10,195 16.8 60602
Piccolo Elementary Specialty School PK - 08 523 19.8 60651
Reavis Elementary Math & Science Special School PK - 08 242 14.1 60615
Ryder Elementary Math & Science Special School PK - 08 375 14.4 60620
Shabazz International Charter Schls KG - 12 706 20.8 60619
Swift Elementary Specialty School PK - 08 703 16.8 60660
Univ of Chicago Charter Schools PK - 12 1,913 17.5 60637
Uno Academy Charter Schools KG - 12 7,923 19.6 60607

Demographics near Chicago, IL 60640

Metric Zip Code City
Neighborhood Type Inner City
Population 2,742,119 5,265,398
Population Density 12,060 5,572
Median Age 35.1 37.3
People per Household 2.4 2.5
Median Household Income 65,781 72,121
Average Income per Capita 41,821 41,706