$850,000
235 W 23rd Street
Chicago, IL, 60616
A rare chance to own a legal 3-unit property with coach house & 4-CarGarage in the heart of vibrant Chinatown. This long-term owner-occupied building has been well maintained and is zoned RT-4, offering excellent flexibility for both homeowners and investors. The front building features two spacious units, each with 2-3 bedrooms, a living room, kitchen, and bathroom. In the rear, you’ll find a coach house unit sitting above a solid brick 4-car garage. Additional highlights include a full basement with laundry area and abundant storage space. Perfect for an owner-occupant who wants to live in one unit and collect rent from the others, or for investors seeking strong returns. With the growing demand in the area, this property also offers outstanding potential for short-term or mid-term rental strategies to maximize income above traditional leasing. Don’t miss out on this unique opportunity to own a multifamily gem in the heart of Chinatown.
Property Details
Price:
$850,000
MLS #:
MRD12453898
Status:
Active
Beds:
3
Baths:
1
Address:
235 W 23rd Street
Type:
Multi Family
Neighborhood:
CHI – Armour Square
City:
Chicago
Listed Date:
Aug 23, 2025
State:
IL
ZIP:
60616
Year Built:
1889
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Parking Features
On Site, Detached, Garage
Parking Spots
4
Financial
Tax Year
2023
Taxes
$5,408
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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235 W 23rd Street
Chicago, IL
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