3516 N Reta Avenue
Chicago, IL, 60657
$1,500,000
8 Beds
5 Baths
0 SqFt
0 Acres
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$1,500,000
3516 N Reta Avenue
Chicago, IL, 60657
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Don’t miss this exceptional opportunity to own a very well-maintained 3-unit building in the heart of Lake View-just a short walk to iconic Wrigley Field! Whether you’re an investor seeking a strong-performing asset or an owner-occupant this property has it all. Pride of ownership is evident, with numerous capital improvements already completed-including a brand-new concrete pad in (2020), a new roof (2020), tuck-pointing, and more. Each unit is separately metered and features individual HVAC systems, hot water heaters, soaring 10-foot ceilings, and spacious closets. Each unit also enjoys a large private back porch, providing valuable outdoor space for relaxing or entertaining. A full basement lies beneath the building, offering the exciting potential to duplex down from the first floor-doubling the size of that unit and adding significant value. The second-floor unit already includes in-unit laundry, and there is room to add this amenity to units 1 and 3 as well. Additional features include a detached 2-car garage and a strong rental history. Ideally located near dining, shopping, public transit, and Wrigley Field, this is a must-see property with exceptional long-term potential.

Property Details

Price:
$1,500,000
MLS #:
MRD12409092
Status:
Active
Beds:
8
Baths:
5
Address:
3516 N Reta Avenue
Type:
Multi Family
Neighborhood:
CHI – Lake View
City:
Chicago
Listed Date:
Jul 3, 2025
State:
IL
ZIP:
60657
Year Built:
1899

Schools

School District:
299

Interior

Heating
Forced Air

Exterior

Construction Materials
Brick
Other Structures
Garage(s)
Parking Features
On Site, Garage Owned, Detached, Garage
Parking Spots
2

Financial

Net Operating Income
$70,883
Tax Year
2023
Taxes
$19,803
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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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3516 N Reta Avenue
Chicago, IL