Rare opportunity in the heart of Avondale! This legal 4-unit building sits on an oversized lot and features a 4-car garage, offering a rare combination of space, flexibility, and long-term value. Fully gut rehabbed in 2015, the property includes three duplex units, one simplex, and a finished basement, with separate utilities throughout. This is a well-maintained, no smoking, no pet building with pride of ownership evident from top to bottom. Current rents are below market, presenting a clear value-add opportunity for investors looking to increase cash flow, or an ideal setup for an owner-occupant looking to live in one unit while generating income from the others. Located in one of Chicago's most desirable northwest side neighborhoods, Avondale offers excellent connectivity. Just minutes to the CTA Blue Line at Belmont/Kimball with direct access to downtown, O'Hare and quick access to the Kennedy Expressway for an easy commute. The area is also served by major bus routes along Belmont, Diversey, Milwaukee, and Kimball. Enjoy nearby restaurants, cafes, breweries, and nightlife along Milwaukee Avenue, plus the strong community feel that continues to make Avondale one of Chicago's hottest neighborhoods.
Listing Courtesy of Midwest Real Estate Data / Coldwell Banker Realty / Lourdes Hernandez as distributed by MLS GRID
$995,000 (USD)
Chicago Area Multi-Family Home
Active
1527 W 18th Place Chicago, IL 60608
6 Bed
4 Baths
sqft
MLS# 12599877
Located in the heart of Chicago's culturally rich Pilsen neighborhood, this legal 4-unit property including a coach house and rare 2-car garage presents a standout opportunity for both owner-occupants and savvy investors. Properties offering this combination of scale, flexibility, and parking are hard to find in this area. The owner's unit is duplexed up with roughed-in plumbing and ready for your vision to complete, offering the perfect opportunity to create a custom living space with in-unit laundry already in place. The remaining units are well-positioned for rental income and share a common laundry area. Each unit features separate utilities, providing efficiency and ease of management. Current rents are below market value, presenting a clear opportunity for a value-add strategy and future income growth. Whether through updates, lease adjustments, or completing the owner's unit, there is strong upside potential for increased cash flow and long-term appreciation. Situated just steps from the CTA Pink Line at the 18th Street station with direct access to the Loop, commuting downtown is seamless and convenient. Multiple bus routes run along 18th Street and Ashland Avenue, further enhancing accessibility throughout the city. The location also provides quick access to major expressways including I-290, I-90/94, and I-55, making travel in and out of the city effortless. Ideally located near the UIC Medical District, offering added appeal for medical professionals, students, and tenants seeking proximity to one of the city's major employment and healthcare hubs. Pilsen continues to be one of Chicago's most sought-after neighborhoods, known for its rich culture, dining scene, art, and strong rental demand. Whether you're looking to live in one unit while generating income, or expand your investment portfolio with a high-demand asset, this property checks all the boxes.
Listing Courtesy of Midwest Real Estate Data / Coldwell Banker Realty / Dolores Raya as distributed by MLS GRID
$223,300 (USD)
Chicago Area Land
Active
1863 S Kostner Avenue Chicago, IL 60623
Bed
0 Baths
sqft
MLS# 12601876
Prime opportunity to acquire 8,932 sq ft of M1-1 zoned land in a strategic Chicago location. This Manufacturing district supports a wide range of permitted uses, light manufacturing, warehousing, distribution, contractor shops, and business services, offering built-in flexibility from day one. The site features a curb cut for seamless access, making it well-suited for logistics, fleet operations, or redevelopment. Steps from the CTA Pink Line at Kostner, with additional access at Cicero, the property delivers a direct connection to Downtown Chicago and the Loop, a major advantage for workforce accessibility. Quick access to the I-290 Eisenhower Expressway puts both Downtown and the surrounding suburbs within easy reach. Situated within an established industrial corridor with strong infrastructure, this is a rare chance for investors, developers, or owner-users to capitalize on flexible zoning and prime connectivity.
Listing Courtesy of Midwest Real Estate Data / Coldwell Banker Realty / Lourdes Hernandez as distributed by MLS GRID