Active Under Contract

$1,200,000

2040 Charleston Street, Chicago, IL 60647
8 Beds4 Baths76 days
2040 Charleston Street·Chicago, IL 60647
8Bedrooms
4Bathrooms
1887Year Built
About This Home

A phenomenal Bucktown location, zero vacancy, and an incredible rent roll - this classic 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 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.

MLS# 12688343Listed July 22, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms4
Total Rooms16

Size & Structure

Year Built1887
Lot Size0.050 acres

Location

CountyCook
TownshipWest Chicago
Zip Code60647

Financial

List Price$1,200,000
Annual Taxes (2024)$15,039
Monthly Tax Est.$1,253
Parcel #14311270270000
Interior Features

Heating

Forced Air

Basement

None
Exterior & Lot

Construction

Vinyl Siding

Roof

Asphalt

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

DrivewayYesOwned
Tax & Financial
Annual Taxes
$15,039
Tax Year 2024
Monthly Tax Est.
$1,253
per month
Property Location

2040 Charleston Street, Chicago, IL 60647 — Cook County

$1,200,000
2040 Charleston Street
8 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
76 days on market
0.050 acres
$15,039/yr taxes
$7,560
estimated monthly payment
Principal & Interest
$6,307/mo
Property Tax
$1,253/mo
$1,200,000
20% — $240,000
3%50%
6.875%
3%12%
Loan Amount
$960,000
Down Payment
$240,000

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

Listed by
Vesta Preferred LLC
Agent: Grigory Pekarsky
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