Closed

$1,040,000

1527 Western Avenue, Chicago, IL 60622
11 Beds3 Baths6 days
1527 Western Avenue·Chicago, IL 60622
11Bedrooms
3Bathrooms
1897Year Built
About This Home

Calling all investors and house hackers! Brick legal three-flat with an additional garden unit on the edge of Wicker Park. This SOLID building features eleven bedrooms and four bathrooms across approximately 4,600 square feet, with all units on separate meters and equipped with central air conditioning. Each of the three main units includes three bedrooms and one bathroom plus porch, all rehabbed around 2015, while the garden unit offers two bedrooms and one bathroom with private side and rear access. The building includes a three-car parking pad, a newer coin-operated laundry system for additional income. With current rents totaling $8,315 per month and a pro forma potential of of $10,000+/mo, the property is already cash-flowing and offers further upside with cosmetic updates or in unit washer/dryer. Top floor is MTM and perfect fit for an owner occupant. Leases are in place for additional units, and tenants pay their own gas and electric. Located just steps from the CTA Blue Line, 606 Trail, and some of Chicago's best restaurants and nightlife, this well-maintained asset offers prime convenience and steady returns in one of the city's most sought-after neighborhoods. Whether you're looking to offset your housing costs or expand your portfolio with a stable income-generating property this brick beauty delivers on all fronts.

MLS# 12497606Listed October 16, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms11
Total Bathrooms3
Total Rooms18

Size & Structure

Year Built1897
Lot Size0.060 acres

Location

CountyCook
TownshipWest Chicago
Zip Code60622

Financial

List Price$1,040,000
Annual Taxes (2023)$15,663
Monthly Tax Est.$1,305
Parcel #17061000150000
Interior Features

Heating

Electric

Basement

FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Alley AccessYesOwned
Tax & Financial
Annual Taxes
$15,663
Tax Year 2023
Monthly Tax Est.
$1,305
per month
Property Location

1527 Western Avenue, Chicago, IL 60622 — Cook County

$1,040,000
1527 Western Avenue
11 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
6 days on market
0.060 acres
$15,663/yr taxes
$6,771
estimated monthly payment
Principal & Interest
$5,466/mo
Property Tax
$1,305/mo
$1,040,000
20% — $208,000
3%50%
6.875%
3%12%
Loan Amount
$832,000
Down Payment
$208,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
eXp Realty
Agent: Michael Scanlon
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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