Closed

$849,000

3517 Palmer Street, Chicago, IL 60647
8 Beds3 Baths14 days
3517 Palmer Street·Chicago, IL 60647
8Bedrooms
3Bathrooms
1914Year Built
About This Home

This classic legal 3-flat, located on a quiet tree-lined street in the heart of Logan Square, offers a unique opportunity for both investors and owner-occupants. The property will be delivered with one vacant unit beginning August 1, creating an ideal opportunity for an owner-occupant to move in while benefiting from rental income from the remaining units. For investors, this also provides flexibility to immediately lease the unit at market rates or implement their own business plan. Property Highlights -Rare legal 3-flat with all three units above grade (no garden unit) -One unit delivered vacant beginning August 1 - ideal for owner-occupants (Unit 1) -Full unfinished basement with duplex-down potential (subject to the buyer verifying zoning, requirements, and city approval) -Potential future ADU opportunity (subject to the buyer verifying zoning, requirements, and city approval) Forced-air heating systems (3) and Central A/C in unit 3 with the ability to AC to units 1 and 2 -Recent building upgrades include the roof sealing and exterior concrete/masonry work -Parking w/ 2 rear spots -Washer & Dryer in the basement Just moments from Palmer Square Park, the 606 Trail, Blue Line access, and Logan Square's renowned dining, shopping, and entertainment options. Additional features include generous basement storage and free street parking. The property offers multiple paths for future value creation and a legal three-flat like this building is rare to find.

MLS# 12681448Listed June 18, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms3
Total Rooms17

Size & Structure

Year Built1914
Lot Size25X126

Location

CountyCook
TownshipJefferson
Zip Code60647

Financial

List Price$849,000
Annual Taxes (2024)$12,410
Monthly Tax Est.$1,034
Parcel #13352190090000
Interior Features

Heating

Natural GasForced Air

Basement

UnfinishedFull
Exterior & Lot

Construction

BrickFrame
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Off AlleyYesOwned
HOA & Community

Community Features

SidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$12,410
Tax Year 2024
Monthly Tax Est.
$1,034
per month
Property Location

3517 Palmer Street, Chicago, IL 60647 — Cook County

$849,000
3517 Palmer Street
8 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
14 days on market
25X126
$12,410/yr taxes
$5,496
estimated monthly payment
Principal & Interest
$4,462/mo
Property Tax
$1,034/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
Gates and Gables Realty
Agent: Kathleen Bak
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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