1527 Western Avenue, West Town, Chicago, Illinois 60622
$1,040,000
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For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 11 |
| Baths: | 0 |
| Year Built: | 1897 |
| Property Taxes: | $15,663 |
| Days On Market: | 50 |
| Lot Size: | 0,06 |
Description
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 $9,750, the property is already cash-flowing and offers further upside with cosmetic updates or in unit washer/dryer. Longer-term leases are in place for three of the four units, and tenants pay their own gas and electric, keeping operational costs low. 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.
Property Specifics
| Multi-unit | |
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| — | |
| 1897 | |
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| — | |
| No | |
| 0.06 |
| Cook | |
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| — / — | |
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| — | |
| 12422904 | |
| 17061000150000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 6 May, 2013 | Sold | $535,000 | MRED MLS |
| 2 Mar, 2013 | Under contract | $549,900 | MRED MLS |
| 4 Jan, 2013 | Listed for sale | $549,900 | MRED MLS |
| 30 Apr, 2019 | Sold | $790,000 | MRED MLS |
| 13 Mar, 2019 | Under contract | $815,000 | MRED MLS |
| — | Last price change | $850,000 | MRED MLS |
| 28 Jan, 2019 | Listed for sale | $850,000 | MRED MLS |
| 1 Aug, 2025 | Under contract | $1,040,000 | MRED MLS |
| 19 Jul, 2025 | Listed for sale | $1,040,000 | MRED MLS |
Room Specifics
Total Bedrooms: 11
Bedrooms Above Ground: 11
Bedrooms Below Ground: 0
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Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 25 X 125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2013 | $774 |
| 2019 | $11,900 |
| 2025 | $15,663 |
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Listing Provided By
eXp Realty
