Chicago, IL 60651 1516 N Keystone Avenue

1516 N Keystone Avenue Chicago, IL - Image 11516 N Keystone Avenue Chicago, IL - Image 21516 N Keystone Avenue Chicago, IL - Image 3
23 more
1516 N Keystone Avenue Chicago, IL - Image 41516 N Keystone Avenue Chicago, IL - Image 51516 N Keystone Avenue Chicago, IL - Image 61516 N Keystone Avenue Chicago, IL - Image 71516 N Keystone Avenue Chicago, IL - Image 81516 N Keystone Avenue Chicago, IL - Image 91516 N Keystone Avenue Chicago, IL - Image 101516 N Keystone Avenue Chicago, IL - Image 111516 N Keystone Avenue Chicago, IL - Image 121516 N Keystone Avenue Chicago, IL - Image 131516 N Keystone Avenue Chicago, IL - Image 141516 N Keystone Avenue Chicago, IL - Image 151516 N Keystone Avenue Chicago, IL - Image 161516 N Keystone Avenue Chicago, IL - Image 171516 N Keystone Avenue Chicago, IL - Image 181516 N Keystone Avenue Chicago, IL - Image 191516 N Keystone Avenue Chicago, IL - Image 201516 N Keystone Avenue Chicago, IL - Image 211516 N Keystone Avenue Chicago, IL - Image 221516 N Keystone Avenue Chicago, IL - Image 231516 N Keystone Avenue Chicago, IL - Image 241516 N Keystone Avenue Chicago, IL - Image 251516 N Keystone Avenue Chicago, IL - Image 261516 N Keystone Avenue Chicago, IL - Image 27
Presented By: Compass
  • MLS# 12325723
  • 04/23/2025
  • Request Tour
  • Request Info
  • Beds • 11
  • Baths • 4
  • Garage • 3

Home Details

Investor alert in West Humboldt Park! This classic brick building is a legal 3-flat with an additional fully renovated 2-bedroom, 1-bath garden unit featuring front and rear egress. Situated on an oversized lot, the three large 3-bedroom, 1-bath units each offer formal dining rooms, high ceilings, hardwood floors, original built-ins, and enclosed back porches. The garden unit is currently vacant and ready to rent at market rates between 1,500-1,700 dollars/month, while the three main units are occupied and generating steady income. Recent improvements include two new furnaces and AC units (servicing three units), sump pump and flood control system, partial sewer line replacement, new stainless appliances in the basement, unit 2, and unit 3, a walkout door added to the basement, extended HVAC into the laundry, new washer and dryer, electrical upgrades, and a garage door opener for the 3-car garage. Roof is approximately 8 years old. All units have gas-forced air, central AC, and separate utilities. Shared laundry in basement. Garage provides extra income. Property is being sold as-is. Seller and broker make no representations as to the legal status of the garden unit.
Presented By: Compass

Interior Features for 1516 N Keystone Avenue

Bedrooms

Bedrooms Possible11
Total Bedrooms11

Bathrooms

Full Baths Building4
Half Baths Building
Total Baths4

Other Interior Features

BasementFinished, Partially Finished, Partial
Total Number of Units4

Other Rooms

Room TypeEnclosed Porch

General for 1516 N Keystone Avenue

CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
DirectionsKeystone is one way headed north, property just south of North Ave.
Elementary School District299
Garage Spaces3
HeatingNatural Gas
High School District299
MLS AreaCHI - Humboldt Park
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofFlat
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount8912.71
Tax Year2023
Total Rooms22
TownshipWest Chicago
Waterfront Y/NNo
Year Built1912
ZoningMULTI

Exterior for 1516 N Keystone Avenue

Lot Dimensions37X126
Other EquipmentCO Detectors, Sump Pump
Parking FeaturesGarage Owned, Detached, Garage
Total Parking3
Water SourceLake Michigan, Public

Additional Details

Price History

Client Care

Price $650,000
MLS#12325723
List Date 04/23/2025
Property Type Contingent
Phone 847.485.2500
Request Tour
Request Info
Visit My Website

Similar Properties to 1516 N Keystone Avenue