2418 Western Avenue, Logan Square, Chicago, Illinois 60647
$900,000
|
For Sale
|
|
| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1880 |
| Property Taxes: | $18,752 |
| Days On Market: | 1 |
| Lot Size: | 0,06 |
Description
2418 N Western Avenue is a well-configured four-unit property located in the heart of Bucktown. The property features three units in the front building plus a detached coach house in the rear, offering four separate 1-bedroom/1-bathroom units. Each unit is separately equipped with its own HVAC system, hot water tank, and electric panel. The property also features common-area laundry located in the basement of the rear coach house, along with one exterior parking space accessible from the alley. Rents are currently below market, providing meaningful upside for a new owner. The four units currently generate an average rent of $1,756 per month compared to an estimated market average of $2,300 per month. Unit 2F is currently in the process of moving out, creating an opportunity for an owner-occupant or investor seeking flexibility. Ideally situated at the convergence of Bucktown, Logan Square, and West Lakeview, 2418 N Western Avenue offers convenient access to the Western Blue Line station, expressway, and multiple bus routes. The property combines strong neighborhood connectivity with immediate rental upside and a flexible four-unit configuration.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1880 | |
| — | |
| 4-Flat | |
| No | |
| 0.06 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12761589 | |
| 13254310320000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Goethe Elementary School |
299 | — | |
|
Middle School
Clemente Community Academy Senio |
299 | Not in DB | |
|
High School
Clemente Community Academy Senio |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 15 Sep, 2023 | Sold | $360,000 | MRED MLS |
| 12 Aug, 2023 | Under contract | $399,900 | MRED MLS |
| 13 Jul, 2023 | Listed for sale | $399,900 | MRED MLS |
| 16 Sep, 2026 | Listed for sale | $900,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| — | |
| — | |
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| — | |
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| 25x109 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2023 | $4,625 |
| 2026 | $18,752 |
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Listing Provided By
Essex 312, LLC
