Chicago, IL 60622,1508 N Artesian AVE
Chicago, IL 60622,1508 N Artesian AVE
Chicago, IL 60622,1508 N Artesian AVE
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$900,000
Est. payment /mo
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8 Beds
4 Baths
New

1508 N Artesian AVE Chicago, IL 60622

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12520143

Style Greystone

Bedrooms 8

Year Built 1888

Annual Tax Amount $11,216

Tax Year 2023

Lot Dimensions 25x125

Property Sub-Type Two to Four Units

Property Description

Opportunity awaits just steps from Wicker Park, within the vibrant East Humboldt Park / West Town corridor. This income-producing 4-unit offers a balanced mix of updated apartments and future upside, with roughy 3 of the units already cosmetically improved. Recent renovations include modern kitchens with quartz countertops, stainless steel appliances, refreshed baths, updated flooring, and clean, neutral finishes that help drive strong rental demand. A major value-add opportunity exists for both investors and househackers: the front first-floor unit has the potential to duplex down into the basement. Structural groundwork: new concrete, drain tiles, and underground plumbing has already been completed, setting the stage for a spacious expanded unit that can significantly increase rental income or serve as a large owner's unit. Additional features include, separate utilities for all the units, basement laundry, gas-forced air in 2 apartments. Surrounded by Wicker Park, West Town, and Logan Square, this location continues to experience high rental demand and appreciation. Multiple nearby multi-family properties have recently sold at or well above this price point, making this an outstanding option for buyers seeking cash flow now with room to grow long-term value. Priced to sell. Sold as is.

Location

State IL

County Cook

Area Chi - West Town

Rooms

Basement Unfinished, Exterior Entry, Full

Interior

Heating Natural Gas, Forced Air, Space Heater

Fireplace N

Exterior

Roof Type Flat

Building

Dwelling Type Two to Four Units

Building Description Stone, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Stone

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Edgar Zelaya of  eXp Realty 

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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1508 N Artesian AVE