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3328 W Chicago Avenue, Chicago
$450,000
5 Beds ⋅ 3 Baths ⋅ 12794894 MLS ⋅ NEW Status
Exceptional turnkey investment opportunity in West Humboldt Park! Situated along the Chicago Avenue commercial corridor, this substantially renovated three-unit property offers an outstanding opportunity for investors seeking a versatile income-producing asset in a neighborhood experiencing significant public and private reinvestment. Thoughtfully updated throughout, the property features three legal residential units, including a distinctive first-floor residence offering incredible live/work potential. This unique space showcases soaring 12-foot ceilings, exposed brick, and an expansive open floor plan that combines industrial character with modern functionality. The second and third floors each feature spacious two-bedroom, one-bathroom apartments, providing multiple residential rental income opportunities. Strategically located near the Hamlin, Homan, and Chicago Avenue corridor, the property is positioned within an area benefiting from Chicago's INVEST South/West initiative, which is focused on revitalizing neighborhood commercial corridors through residential development, commercial investment, and infrastructure improvements. Nearby redevelopment includes The Ave, a major mixed-use project bringing new residential housing, commercial space, and community amenities to Chicago Avenue. With substantial renovations already completed, a flexible three-unit configuration, and convenient access to public transportation, neighborhood businesses, and major thoroughfares, this property presents a compelling opportunity for investors seeking immediate rental potential and long-term ownership value. Whether expanding an existing portfolio or acquiring a versatile multi-unit investment, this is a rare opportunity to own a renovated asset along one of West Humboldt Park's targeted redevelopment corridors.

3328 W Chicago Avenue, Chicago

1443 N Harding Avenue, Chicago
$580,000
7 Beds ⋅ 3 Baths ⋅ 12782943 MLS ⋅ NEW Status
Versatile Living & Investment Potential in Humboldt Park! Discover the possibilities in this well-maintained 2-flat offering plenty of space, flexibility, and great potential for homeowners and investors alike. Both units offer generous living space and spacious dining rooms, providing comfort and plenty of room to entertain. The finished basement features an additional bedroom, a full bathroom, and a summer kitchen, along with two separate entrances, making it ideal for an in-law arrangement. Enjoy the added convenience of a detached 2-car garage and an additional carport space. Wrought-iron fencing in the front and a fully fenced-in yard provide added privacy and security. Conveniently located near restaurants, shopping, and public transportation, this property offers a wonderful opportunity to make it your own or add to your investment portfolio. The property is in great shape and has been well maintained; however, it is being sold AS-IS. Don't miss out on this fantastic opportunity! Come see all the possibilities and schedule your showing today!

1443 N Harding Avenue, Chicago

3244 W Potomac Avenue, Chicago
$1,199,000
5 Beds ⋅ 3 Baths ⋅ 12773705 MLS ⋅ ACTIVE Status
Stunning Chicago jumbo 2 flat greystone just steps from Humboldt Park! Set on an oversized lot, this impressive greystone is exceptionally wide itself, taking advantage of the additional lot width and creating unusually spacious, open residences throughout. This truly special property offers an exceptional combination of classic character, generous living space, and thoughtful amenities. The spacious former owner's unit features beautiful hardwood floors throughout, an extra-wide open floor plan, an oversized bathroom, and the convenience of in-unit laundry. With its impressive greystone facade, oversized lot, exceptionally wide and spacious apartments, and prime location, this property offers a rare combination of character, scale, and location. The width of the units creates for expansive living and dining spaces with an open, feel that sets these apartments apart. An outstanding opportunity for an owner-occupant or investor seeking a distinctive multi-unit property in one of Chicago's most vibrant neighborhoods. Also ideal for someone looking to convert into a spectacular single family residence. Outside, a beautifully manicured lawn adds rare green space and wonderful curb appeal. The property also offers a common laundry room in the basement, three dedicated tenant storage areas, and a three-car garage. A truly special property that must be seen to fully appreciate its exceptional size, and character. Rent increases have been provided to tenants, with new rents scheduled to be in effect January 2027. New monthly rents: Unit 1 - $2,600; Unit 2 - $2,700; Garden Unit - $1,800, for total scheduled rental income of $7,100/month or $85,200 annually. Each apartment gets one designated garage spot included. Property also generates approximately $1,600/year in coin laundry income, bringing total projected annual income to approximately $86,800. **Second-floor dining room light fixture and bedroom fixture is owned by the tenant and is excluded from the sale. Seller and listing broker make no representation as to the legality of the basement apartment.

3244 W Potomac Avenue, Chicago

1052 N Central Park Avenue, Chicago
$999,999
9 Beds ⋅ 6 Baths ⋅ 12771268 MLS ⋅ ACTIVE Status
Turnkey 1 year old construction 3-flat in the heart of Humboldt park, only minutes away from the 606 trail and Downtown Chicago. Fully rented out with long term leases. Each unit features 3 bedrooms and 2 modern bathrooms, including a master suite with an en-suite bath. The kitchens are equipped with stainless steel Samsung appliances, stunning waterfall quartz countertops, and custom slow-closing two-tone modern cabinets, combining style with functionality. Waterproof luxury vinyl flooring provides both durability and aesthetic appeal. Additional features include in-unit washer/dryer, intercom, Wi-Fi-enabled cameras for enhanced security, and 3 dedicated parking in the rear. This turnkey property is ideal for generating rental income with minimal upkeep. Convenient location close to stores and transportation. Easy to self manage. Priced to sell at 7.5 CAP.

1052 N Central Park Avenue, Chicago

1431 N Springfield Avenue, Chicago
$609,000
7 Beds ⋅ 3 Baths ⋅ 12768922 MLS ⋅ RE-ACTIVATED Status
Turn-key legal 3-flat on a quiet, tree-lined block in Humboldt Park, just steps from the 606 Trail. Perfect for an investor or a buyer looking to put strong rental income to work toward their monthly costs. The building is fully updated with separate utilities, new plumbing, central A/C, stainless steel appliances, white shaker cabinets, granite countertops, and hardwood floors throughout. The Unit Breakdown: 2nd Floor: 3 BR /1 BA with a bright rear sunroom; 1st Floor: 2 BR/1 BA with a matching rear sunroom and Garden Unit: 2 BR / 1 BA with great natural light and large bedrooms. The property features a nice sized backyard, on-site laundry, and a secure 2-car garage. Excellent location with easy access to the 606, Humboldt Park, Tasa Coffee Roasters, Humboldt Haus, Nellie's and neighborhood transit.

1431 N Springfield Avenue, Chicago

3900 W Division Street, Chicago
$429,900
5 Beds ⋅ 3 Baths ⋅ 12761895 MLS ⋅ RE-ACTIVATED Status
Huge potential in this full-brick, two-unit corner building! The property features an extra-wide side lot providing ample space for secure locked parking. With its flexible layout and desirable location, this property offers many possibilities for an investor or owner-occupant. The full, semi-finished basement features both rear and side exterior access, offering additional space and excellent potential for a future project, storage, or other uses. Property is livable but needs some udating, with some updates and improvements, this property presents an opportunity to unlock additional value and customize it to your needs. Centrally located near public transportation with convenient access to the I-290 Expressway. Property is being sold AS-IS, WHERE-IS. Don't miss this opportunity to add value and make this property your own!

3900 W Division Street, Chicago

1512 N Maplewood Avenue, Chicago
$649,000
4 Beds ⋅ 2 Baths ⋅ 12753481 MLS ⋅ ACTIVE Status
1512 N Maplewood is a 2-unit building on a 3,024 SF parcel with favorable RT-4 zoning. The 2 Bed / 1 Bath units have central air conditioning, common-area laundry, and generate $48,430 in annual gross revenue. Ownership previously engaged Hanna Architects to design a 3-unit, 3,900 SF building on the site, and drawings are available for review in the additional information tab. The building offers a buyer two distinct paths for value creation: a long-term covered land play or immediate redevelopment. Long-Term Covered Land Play: In-place income reflects $31,487 of NOI, a 4.87 cap rate, and 13.4x GRM. In-place rents are well below the $2,224 market average, a 21.8 percent mark-to-market opportunity. This allows a new owner to stabilize the building at a 6.01 cap rate while awaiting future redevelopment. Redevelopment: The parcel is zoned RT-4, Chicago's low-to-medium-density multiunit zoning. This allows development of a 1.2 FAR building up to 42 feet tall where 25 percent of units are Type A accessible. These entitlements support the development of up to 3 units by right. The land is listed at $179 per buildable SF against an average land sale of $181 per buildable SF. In addition, the 2-unit building produces interim income of $31,631 per year as a developer finalizes architecture and permits.

1512 N Maplewood Avenue, Chicago



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