Chicago, IL 60622 1527 N Western Avenue

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Presented By: eXp Realty
  • MLS# 12422904
  • 07/19/2025
  • Request Tour
  • Request Info
  • Beds • 11
  • Baths • 3
  • SQFT • 4,600

Home Details

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.
Presented By: eXp Realty

Interior Features for 1527 N Western Avenue

Bedrooms

Bedrooms Possible11
Total Bedrooms11

Bathrooms

Full Baths Building3
Half Baths Building
Total Baths3

Other Interior Features

BasementFinished, Full
Total Number of Units4

General for 1527 N Western Avenue

CityChicago
Construction MaterialsBrick
CountyCook
Directionson Western just south of North Ave.
Electric Expense150
Elementary School District299
Fuel Expense150
Gross Income100980
HeatingElectric
High School District299
Insurance Expense6145
MLS AreaCHI - West Town
Middle/Junior School District299
ModificationTimestamp2025-07-25T05:06:15.758Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount15663
Tax Year2023
Total Rooms18
TownshipWest Chicago
Water Sewer Expense1859
Year Built1897

Exterior for 1527 N Western Avenue

Lot Dimensions25 X 125
Lot Size Acres0.06
Parking FeaturesAlley Access, On Site, Owned
Total Parking3
Water SourceLake Michigan
Waterfront Y/NNo

Additional Details

Price History

Client Care

Price $1,040,000
MLS#12422904
List Date 07/19/2025
Property Type Multi-Family
Phone 847.485.2500
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