3503 Palmer Street, Logan Square, Chicago, Illinois 60647
$675,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 9 |
| Baths: | 0 |
| Year Built: | 1891 |
| Property Taxes: | $4,755 |
| Days On Market: | 312 |
| Lot Size: | 0,07 |
Description
Legal 2-unit building (with 3rd unit in process unless buyer would rather leave as-is) in an appreciating corridor of Logan Square with significant cash flow in place. The building sits immediately west of Palmer Square and Kedzie Boulevard, with nearby new-build single-family homes under contract near $1.5 million. The existing rent roll comprises approximately $62,400 of annual revenue, representing an 11.9 gross revenue multiple on in-place income. Property recently appraised at $750,000. All units feature in-unit laundry. A brand-new plumbing stack has been completed for the entire building, and new siding was completed in November 2025
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1891 | |
| — | |
| — | |
| No | |
| 0.07 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12526436 | |
| 13352190140000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 17 Jun, 2019 | Sold | $485,000 | MRED MLS |
| 15 May, 2019 | Under contract | $465,000 | MRED MLS |
| 9 May, 2019 | Listed for sale | $465,000 | MRED MLS |
| 17 Mar, 2026 | Sold | $675,000 | MRED MLS |
| 30 Jan, 2026 | Under contract | $750,000 | MRED MLS |
| 9 Dec, 2025 | Listed for sale | $750,000 | MRED MLS |
Room Specifics
All Bedroom Info:
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Ninth Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 25X126 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2019 | $4,755 |
Contact Agent
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Listing Provided By
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