Rare opportunity to own a legal 3-unit building in the heart of Logan Square with exceptional flexibility for investors and owner-occupants alike. The property offers immediate income while providing future opportunities to reposition units, update interiors, and capture market rents as leases turn over. The recently updated top-floor 2-bedroom showcases modern finishes and strong rental potential, while the remaining units offer value-add upside for buyers looking to build equity over time. Located just blocks from Palmer Square, the 606 Trail, restaurants, shopping, and public transportation, this property is ideally situated in one of Chicago's strongest rental markets. Whether you're looking to house hack, expand your investment portfolio, or create long-term wealth through strategic improvements, this building offers multiple paths to success. With a price improvement and increasing flexibility, now is an excellent time to secure a property with immediate income, future upside, and an unbeatable Logan Square location.
| MLS # | 12767384 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1891 |
| Days On Site | 16 |
| Listing Provided By | OnPath Realty Inc. | Daniel Walus |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 |
| Zoning | MULTI |
| Acreage | 3750.00 |
| Rooms Total | 16 |
|---|---|
| Heating | Natural Gas |
| Construction Materials | Brick |
|---|---|
| Patio And Porch Features | Porch |
| Parking Features | Driveway, Alley Access, Secured, Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Park, Sidewalks, Street Lights, Street Paved |
|---|
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 13697 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60647 |
| Area | CHI Logan Square |
| Listing VS Median (in 60647) | |
Price: $1,079,000 low | high Med: $469,728 On site: 16 low | high Med: 16.5 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60647 |
| Area | CHI Logan Square |
| Listing VS Median (in 60647) | |
Price: $1,079,000 low | high Med: $469,728 On site: 16 low | high Med: 16.5 | |