3462 W North Avenue
Chicago, IL, 60647
$500,000
6 Beds
3 Baths
0 SqFt
0 Acres
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$500,000
3462 W North Avenue
Chicago, IL, 60647
MLS #MRD12480884 image #0MLS #MRD12480884 image #1MLS #MRD12480884 image #2MLS #MRD12480884 image #3MLS #MRD12480884 image #4MLS #MRD12480884 image #5MLS #MRD12480884 image #6MLS #MRD12480884 image #7MLS #MRD12480884 image #8MLS #MRD12480884 image #9MLS #MRD12480884 image #10MLS #MRD12480884 image #11MLS #MRD12480884 image #12MLS #MRD12480884 image #13MLS #MRD12480884 image #14
Value-add, mixed-use, 4-unit building in Humboldt Park featuring 2 large ~1200sf three bed, one bath (3/1) residential units, 1 ground floor studio, and 1 open commercial space (~850sf) Perfect for an owner-occupant looking to open their small business while off-setting expenses through the building’s residential income. The ground floor studio and commercial space are both vacant. 2nd and 3rd floor (3/1) apartments are both rented out for $1300 per month (2nd floor leased through Nov’25 and 3rd floor is MtM). 2 car brick garage in the rear. Significant rental upside both as-is and with renovations. Just 2 blocks West of the Park itself ideally located to benefit from Humboldt’s continued growth and investment momentum.

Property Details

Price:
$500,000
MLS #:
MRD12480884
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
chihumboldtpark
Listed Date:
Sep 25, 2025
Chi – Humboldt ParkChihumboldtpark

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Parking Features
On Site, Garage Owned, Detached, Garage
Parking Spots
2
Roof
Rubber

Financial

Net Operating Income
$10,611
Tax Year
2023
Taxes
$7,407
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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 Oct 06, 2025
1,487
Multi Family Listed
80
Avg DOM
$501,238
Avg List Price

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Property Summary

    3462 W North Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60647. It is listed for $500,000 To schedule a showing of MLS#mrd12480884 at 3462 W North Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
3462 W North Avenue
Chicago, IL