$1,395,000
2448 W Iowa Street
Chicago, IL, 60622
Incredible Value-Add Opportunity! 6-unit plus garden in a great location with a lot of new development close to restaurants, shops and transportation. Fully rented with long term tenants. All units have GFA/CA and tenants pay their own heat. Plumbing and electric have been upgraded. 5 units have in-unit washer/dryer and 2 units share laundry in the basement. The three front units are 2 bedroom/1 bath, the three rear units are 1 bedroom/1 bath and the garden unit is a studio. Property being sold AS-IS.
Property Details
Price:
$1,395,000
MLS #:
MRD12438707
Status:
Active Under Contract
Beds:
3
Baths:
3
Type:
Commercial
Neighborhood:
chiwesttown
Listed Date:
Aug 5, 2025
Year Built:
1878
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick
Financial
Maintenance Fee
$6,000
Tax Year
2023
Taxes
$30,474
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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Current real estate data for Commercial in Chicago as of Nov 16, 2025
1,093
Commercial Listed
172
Avg DOM
150
Avg $ / SqFt
$1,056,105
Avg List Price
Community
- Address2448 W Iowa Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60622
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Property Summary
- 2448 W Iowa Street Chicago IL is a Commercial for sale in Chicago, IL, 60622. It is listed for $1,395,000 To schedule a showing of MLS#mrd12438707 at 2448 W Iowa Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
2448 W Iowa Street
Chicago, IL
