2418 N Western Avenue
Chicago, IL, 60647
$900,000
4 Beds
4 Baths
0 SqFt
0.06 Acres
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$900,000
2418 N Western Avenue
Chicago, IL, 60647
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2418 N Western Avenue is a well-configured four-unit property located in the heart of Bucktown. The property features three units in the front building plus a detached coach house in the rear, offering four separate 1-bedroom/1-bathroom units. Each unit is separately equipped with its own HVAC system, hot water tank, and electric panel. The property also features common-area laundry located in the basement of the rear coach house, along with one exterior parking space accessible from the alley. Rents are currently below market, providing meaningful upside for a new owner. The four units currently generate an average rent of $1,756 per month compared to an estimated market average of $2,300 per month. Unit 2F is currently in the process of moving out, creating an opportunity for an owner-occupant or investor seeking flexibility. Ideally situated at the convergence of Bucktown, Logan Square, and West Lakeview, 2418 N Western Avenue offers convenient access to the Western Blue Line station, expressway, and multiple bus routes. The property combines strong neighborhood connectivity with immediate rental upside and a flexible four-unit configuration.

Property Details

Price:
$900,000
MLS #:
MRD12761589
Status:
Active
Beds:
4
Baths:
4
Type:
Multi Family
Neighborhood:
chilogansquare
Listed Date:
Sep 16, 2026
Year Built:
1880
OtherParking TotalChi – Logan SquareChilogansquareGoethe Elementary SchoolClemente Community Academy SenioClemente Community Academy Senio

Schools

School District:
299
Elementary School:
Goethe Elementary School
Middle School:
Clemente Community Academy Senio
High School:
Clemente Community Academy Senio

Interior

Heating
Natural Gas, Forced Air

Exterior

Architectural Style
Other
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Other Structures
None
Parking Features
Off Alley, Off Street, Alley Access, Yes, Owned
Parking Spots
1
Parking Total
1
Roof
Asphalt

Financial

Maintenance Fee
$3,000
Net Operating Income
$45,665
Tax Year
2025
Taxes
$18,752
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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 25, 2026
1,385
Multi Family Listed
80
Avg DOM
$534,909
Avg List Price

Community

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Property Summary

    2418 N Western Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60647. It is listed for $900,000 To schedule a showing of MLS#mrd12761589 at 2418 N Western Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
2418 N Western Avenue
Chicago, IL