$1,200,000

Multi Family In Chicago

  • 8 Beds
  • 4 Baths
  • 2,178 Sqft lot
  • Updated: July 23
  • Source:
    Midwest Real Estate Data (MRED)  MLS#12688343

About the Property

A phenomenal Bucktown location, zero vacancy, and an incredible rent roll - this classic brick four-flat is a rare fully-leased investment opportunity, with all four units occupied at market rents and income in place from day one. Set a half-block west of Damen on a quiet residential street surrounded by single-family homes, the building offers four full-floor units, each with two bedrooms, one ba
A phenomenal Bucktown location, zero vacancy, and an incredible rent roll - this classic brick four-flat is a rare fully-leased investment opportunity, with all four units occupied at market rents and income in place from day one. Set a half-block west of Damen on a quiet residential street surrounded by single-family homes, the building offers four full-floor units, each with two bedrooms, one bath, hardwood floors throughout, in-unit laundry, and independently updated mechanicals - HVAC, electrical, and plumbing serving each unit separately. Several systems were replaced between 2019 and 2024, and Unit 1F was fully remodeled in 2020, keeping deferred maintenance light for years to come. Gated entry, a shared deck, and two to three exterior parking spaces at the rear round out the building. Location does the heavy lifting on rental demand here: the 606 Trail, Walsh Playground, and Mariano’s all sit within a short walk, the Blue Line is under a mile away, and I-94 access is just blocks off - the kind of walkability that keeps units leased and turnover low. A brick walk-up of this vintage is some of Bucktown’s most resilient building stock, ideally suited to a long-term hold. Strong bones, a strong corner of the city, and a stabilized, fully-performing asset in one of Chicago’s most in-demand neighborhoods.
  • Property type

    Other

  • Year built

    1887

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2040 W Charleston Street, Chicago, Illinois, United States View on Google Maps
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Vesta Preferred LLC - Chicago

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Vesta Preferred LLC - Chicago
Illinois, United States
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7
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2025
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Vesta Preferred LLC - Chicago
Chicago, Illinois, United States
View agency profile
Last updated
July 23
First listed
Jul 23
Listing reference
12688343
Listing status
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