$1,625,000

Multi Unit Chicago United States

  • 10 Beds
  • 7 Baths
  • Updated: August 3
  • MLS#12720663

About the Property

Exceptional opportunity to own a fully renovated four-unit brick building (2 units in main building and 2 units in Coach House) in one of Chicago’s most sought-after neighborhoods. This well-maintained investment property offers a strong, stable rental portfolio with thoughtfully updated units featuring modern kitchens, renovated bathrooms, hardwood floors, and forced-air heating with central air
Exceptional opportunity to own a fully renovated four-unit brick building (2 units in main building and 2 units in Coach House) in one of Chicago’s most sought-after neighborhoods. This well-maintained investment property offers a strong, stable rental portfolio with thoughtfully updated units featuring modern kitchens, renovated bathrooms, hardwood floors, and forced-air heating with central air conditioning throughout. Significant capital improvements provide peace of mind for years to come, including a fully rebuilt coach house, replacement of all furnaces and air conditioning systems, updated electrical, plumbing, and mechanical systems, a new lead water service line (2025), coach house roof replacement, two new water heaters, new shared washer and dryer, and numerous appliance upgrades throughout the property. Additional improvements include a fully renovated Unit 1F, a renovated coach house, a recently updated bathroom in Unit 2F, and the addition of a half bath in Unit 2R. The building is fully leased with long-term tenants in place, generating immediate income. Whether you’re expanding your investment portfolio or completing a 1031 exchange, this turnkey property offers an exceptional combination of historic character, extensive recent improvements, and reliable cash flow in a prime Chicago location.
  • Property type

    Other

Features

Features

Lot

Indoor

  • Air Conditioning
  • Washer Dryer
  • Bar
  • Basement
  • Stone Countertops
  • Walk In Closet

Outdoor

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873 N Paulina Street, Chicago, Illinois, United States View on Google Maps
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Lauren Traficanto
Illinois, United States
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2025
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@properties Christie's International Real Estate - Bucktown
@properties Christie's International Real Estate - Bucktown
1875 N. Damen, 60647, Chicago, Illinois, United States
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@properties Christie’s International Real Estate’s Bucktown office has proudly served the Bucktown and Wicker Pa

@properties Christie’s International Real Estate’s Bucktown office has proudly served the Bucktown and Wicker Park communities since 2008 and is one of Chicago’s top-selling real estate offices. 



Whether you’re buying or selling, the team offers local expertise, standout marketing and personalized strategy to help you confidently navigate the real estate journey.   



Fun fact: The Bucktown office is the birthplace of @properties’ iconic ”love” campaign. Chicago-based artist Matthew Hoffman’s ”love” mural, painted on the building in 2015, has become one of Chicago’s most Instagrammable spots and a symbol of the neighborhood’s creative spirit. 



Visit our Bucktown and Wicker Park neighborhood guides to learn more. 

Last updated
August 3
First listed
Aug 1
Agent licence
#475148664 (IL)
Listing reference
MRED12720663
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