3245 W Division ST, Chicago, IL 60651
3245 W Division ST, Chicago, IL 60651
3245 W Division ST, Chicago, IL 60651
3245 W Division ST, Chicago, IL 60651
3245 W Division ST, Chicago, IL 60651
3245 W Division ST, Chicago, IL 60651
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$ 1,050,000
Est. payment | /mo

8 Beds

4 Baths

3,920 Sqft Lot


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$ 1,050,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,920 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12735942

Bedrooms 8

Year Built 1915

Annual Tax Amount $10,136

Tax Year 2025

Lot Size 3,920 Sqft

Lot Dimensions 3900

Property Sub-Type Two to Four Units

Property Description

Ideally located just steps from Humboldt Park, this rare income property features an oversized all-brick building on an extra-wide and extra-deep 30 130 lot in one of Chicago's most dynamic neighborhoods, where rents are surging and investment momentum continues to accelerate. This fully leased investment property generates $107K in annual rent delivering strong, reliable cash flow from day one. All units have been extensively renovated within the last 2-7 years, featuring modern kitchens and baths, drywall, copper plumbing, and conduit electrical. Two front units boast fantastic private balconies, while two rear units feature enclosed porches that are ideal for additional storage or flexible living space. All four conforming, have separated utilities, gas forced-air heat, and central AC, & are fully leased. The garden unit is a value-add opportunity. Three-car parking pad on-site, with one space currently unrented allowing for easy additional income. Strong Cash Flow, Quality Bones, & Highly Renovated. This is a rare opportunity to own a high-performing asset in a corridor with genuine momentum, before the market catches up.

Location

State IL

County Cook

Area Chi - Humboldt Park

Zoning MULTI

Rooms

Basement Partially Finished, Unfinished, Full

Interior

Heating Natural Gas, Forced Air

Equipment Multiple Water Heaters

Fireplace N

Exterior

Exterior Feature Balcony

Roof Type Flat

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Midwest Real Estate Data (MRED) IDX
Listed by Greg Nagel of  Ask Nagel 

 

Nearby School & Business

 

Contact US TODAY TO GET STARTED

Steve Porter

Steve Porter

+1(773) 992-9619

Broker | License ID: 471.018397

Broker License ID: 471.018397

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