Closed

$849,000

3124 Southport Avenue, Chicago, IL 60657
8 Beds3 Baths34 days
3124 Southport Avenue·Chicago, IL 60657
8Bedrooms
3Bathrooms
1889Year Built
About This Home

Prime investment opportunity in the heart of Lakeview's vibrant Southport Corridor. Situated on a sun-drenched corner lot (25' x 72.5'), this rare Victorian two-flat packs a surprisingly massive footprint with two light-filled, 2,000 sq. ft. duplexes offering immediate cash flow and substantial upside. Both sprawling residences feature soaring ceilings, hardwood floors, updated kitchens and baths (2018), in-unit laundry, outdoor space, and separate tenant-paid utilities for minimal owner overhead. Unit 1 is a unique 4BD + den duplex-down boasting towering storefront-style ceilings, currently on a flexible month-to-month lease at $2,800/month-ideal for an owner-occupant or investor looking to raise to market rates immediately. Unit 2 is a character-rich 4BD/2BA duplex-up featuring exposed beams and architectural pitched ceilings, leased at $3,300/month through October 2028. Located steps from Southport's top dining, boutique shopping, and multiple CTA lines. Fully turnkey with below-market rents and plenty of room to value-add. Sold strictly "as-is" with street parking only. Outdoor space on concrete patio behind building. Coach house is separately owned/pinned and not included in price. Serious buyers only; please do not disturb the tenants.

MLS# 12724555Listed August 9, 2026Residential IncomeVictorianSubdivision: Southport Corridor
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms3
Total Rooms24

Size & Structure

Year Built1889
Lot Size0.040 acres

Location

CountyCook
TownshipLake View
SubdivisionSouthport Corridor
Zip Code60657

Financial

List Price$849,000
Annual Taxes (2024)$15,470
Monthly Tax Est.$1,289
Parcel #14291050450000
Interior Features

Appliances

Humidifier

Heating

Natural GasForced AirSep Heating Systems - 2+Zoned

Basement

FinishedFullWalk-Out Access
Exterior & Lot

Construction

BrickFrame

Roof

Rubber

Exterior Features

BalconyLighting

Patio & Porch

Patio

Lot Features

Corner Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan
HOA & Community

Community Features

ParkCurbsSidewalksStreet LightsStreet Paved
Schools
Elementary
Burley Elementary School
District: 299
High School
Lake View High School
District: 299
Tax & Financial
Annual Taxes
$15,470
Tax Year 2024
Monthly Tax Est.
$1,289
per month
Property Location

3124 Southport Avenue, Chicago, IL 60657 — Cook County

$849,000
3124 Southport Avenue
8 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
34 days on market
0.040 acres
$15,470/yr taxes
$5,751
estimated monthly payment
Principal & Interest
$4,462/mo
Property Tax
$1,289/mo
$849,000
20% — $169,800
3%50%
6.875%
3%12%
Loan Amount
$679,200
Down Payment
$169,800

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

Listed by
Compass
Agent: Amy Duong
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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