$ 1,020,000 $ 1,040,000 1.9%

1527 N Western Avenue

Chicago, IL 60622

  • 11 Beds
  • 2,613 Lot Size
  • 1897 Year Built
Calling all investors and house hackers! Brick legal three-flat with an additional garden unit on the edge of Wicker Park. This SOLID building features eleven bedrooms and four bathrooms across approximately 4,600 square feet, with all units on separate meters and equipped with central air conditioning. Each of the three main units includes three bedrooms and one bathroom plus porch, all rehabbed around 2015, while the garden unit offers two bedrooms and one bathroom with private side and rear access. The building includes a three-car parking pad, a newer coin-operated laundry system for additional income. With current rents totaling $8,315 per month and a pro forma potential of of $10,000+/mo, the property is already cash-flowing and offers further upside with cosmetic updates or in unit washer/dryer. Top floor is MTM and perfect fit for an owner occupant. Leases are in place for additional units, and tenants pay their own gas and electric. Located just steps from the CTA Blue Line, 606 Trail, and some of Chicago's best restaurants and nightlife, this well-maintained asset offers prime convenience and steady returns in one of the city's most sought-after neighborhoods. Whether you're looking to offset your housing costs or expand your portfolio with a stable income-generating property this brick beauty delivers on all fronts.
Listed by Michael Scanlon of eXp Realty , Sold By Brie Schmidt of Second City Real Estate

PROPERTY DETAIL

  • Key Details

    Sold Price $1,020,0001.9%

    Property Type Multi-Family

    Sub Type Two to Four Units

    Listing Status Sold

    Purchase Type For Sale

    MLS Listing ID 12497606

    Sold Date 11/03/25

    Bedrooms 11

    Year Built 1897

    Annual Tax Amount $15,663

    Tax Year 2023

    Lot Size 2,613 Sqft

    Lot Dimensions 25 X 125

    Property Sub-Type Two to Four Units

  • Location

    State IL

    County Cook

  • Rooms

    Basement Finished, Full

  • Building

    Sewer Public Sewer

    Water Lake Michigan

    Structure Type Brick

    New Construction false

  • Interior

    Heating Electric

    Fireplace N

  • Exterior

    View Y/N true

  • Schools

    School District 299, 299, 299

  • Others

    Ownership Fee Simple

    Special Listing Condition None

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CONTACT

Michael Scanlon
Michael Scanlon

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