1527 N Western Avenue
Chicago, IL, 60622
$1,040,000
11 Beds
3 Baths
0 SqFt
0.06 Acres
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$1,040,000
1527 N Western Avenue
Chicago, IL, 60622
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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.

Property Details

Price:
$1,040,000
MLS #:
MRD12422904
Status:
Active Under Contract
Beds:
11
Baths:
3
Type:
Multi Family
Neighborhood:
CHI – West Town
Listed Date:
Jul 19, 2025
Year Built:
1897
Chi – West TownChi – West Town

Schools

School District:
299

Interior

Heating
Electric

Exterior

Construction Materials
Brick
Parking Features
Alley Access, On Site, Owned
Parking Spots
3

Financial

Tax Year
2023
Taxes
$15,663
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Sep 02, 2025
1,497
Multi Family Listed
82
Avg DOM
$499,538
Avg List Price

Community

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Property Summary

    1527 N Western Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60622. It is listed for $1,040,000 To schedule a showing of MLS#mrd12422904 at 1527 N Western Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1527 N Western Avenue
Chicago, IL