3116 Canal Street, Bridgeport, Chicago, Illinois 60616


$712,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 6
Baths: 0
Year Built:
Property Taxes: $8,905
Days On Market: 245
Lot Size: 0,07
Map
Street View

Description

First Time on the Market in 40 Years - Turnkey 3-Unit in the Heart of Bridgeport! This exceptionally well-maintained legal three-unit building is a rare find in one of Bridgeport's most desirable locations. Pride of ownership shows throughout, with nearly one hundred thousand dollars in upgrades over the past four years-this is a turnkey investment. All units have separate utilities, and individual HVAC systems with central air. Most of the mechanicals have been replaced in the past 3 years. The rear porch was rebuilt and is city code compliant. Windows have been replaced, along with exterior doors. The top two units were recently remodeled with modern finishes. The basement is large, empty, and clean. The detached two car garage and shared coin operated laundry add additional income. The property is fully occupied with leases through Spring 2026, offering immediate cash flow. Current rents are below market value. Located just steps from Bridgeport's growing retail corridor, the Red Line, Guaranteed Rate Field, IIT, and the lakefront, this is an unbeatable location for long-term value and tenant demand.

Property Specifics

Multi-unit
No
0.07
Cook
— / —
12382498
17331060310000

Property History

DATE: EVENT: PRICE: SOURCE:
25 Jul, 2025 Sold $712,000 MRED MLS
23 Jun, 2025 Under contract $749,999 MRED MLS
3 Jun, 2025 Listed for sale $749,999 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

2
3125
Not in DB

Tax History

Year Property Taxes
2025 $8,905

Nearby Similar Homes

3240 Parnell Avenue, Chicago, Illinois 60616
For Sale
$365,000
4 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1883
74

2925 Shields Avenue, Chicago, Illinois 60616
For Sale
$580,000
8 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1883
79

3322-26-28 Parnell Avenue, Chicago, Illinois 60616
For Sale
$1,175,000
2 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1890
737

2924 Princeton Avenue, Chicago, Illinois 60616
For Sale
$624,900
7 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1888
4

2849 Normal Avenue, Chicago, Illinois 60616
For Sale
$432,000
6 beds / 0.0 baths / 0 ft2
Multi-unit / Built: —
72

3415 Wallace Street, Chicago, Illinois 60616
For Sale
$319,000
7 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1885
54

Nearby Sold Comparables

448 31st Street, Chicago, Illinois 60616
Sold
$545,000
5 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1895
1668

3047 Canal Street, Chicago, Illinois 60616
Sold
$249,000
4 beds / 0.0 baths / 0 ft2
Multi-unit / Built: —
4430

3040 Canal Street, Chicago, Illinois 60616
Sold
$404,900
5 beds / 3.0 baths / 0 ft2
Multi-unit / Built: 1883
2377

3120 Normal Avenue, Chicago, Illinois 60616
Sold
$495,000
5 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1900
684

3120 Normal Avenue, Chicago, Illinois 60616
Sold
$275,000
5 beds / 0.0 baths / 0 ft2
Multi-unit / Built: —
2330

3043 Normal Avenue, Chicago, Illinois 60616
Sold
$325,000
6 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1885
2285


Contact Agent

Listing Provided By

Coldwell Banker Real Estate Group