Active
New
1924-26 N Kimball Avenue
Chicago IL, 60647
$1,129,000
Active
New
6 Beds
3 Baths
Multi-family
Built in 1901
Courtesy of Compass
This is THE investment property you've been waiting for. Large & well-maintained brick 3-unit building on a massive, extra-long & wide double-lot measuring 50'X177'. Extremely unique opportunity to acquire an income-producing 3-Flat multi-family building AND a vacant lot, currently used as a giant side-yard. The 1924 vacant lot has a separate PIN, with no encroachments, making it the ideal candidate to build a brand new multi-family building or single family home right next to the 1926 building. Endless potential with tons of new construction developments on the block. Conveniently located in booming Logan Square, steps from the 606 Trail entrance and block from Logan Blvd. Two Separate PINS make up a combined lot size of 8,850 Sq.Ft. The 1926 building offers a variety of possibilities - Hold as an armchair investment and collect rent while watching the neighborhood continue to appreciate. For the savvy investor/developer looking for a rare value-add opportunity, the existing floor plans are impressive with generously sized living rooms, separate dining rooms and large bedrooms, offering tons of space to add more bedrooms & bathrooms while renovating into modern, luxury rental units. This is truly a once-in-a-lifetime opportunity. Take in the vibrant surroundings of this booming neighborhood and all of the wonderful shops, restaurants, parks and nightlife that Logan Square has to offer. All this less than one block away from the 606 Bloomingdale Trail, and steps from Logan Blvd. This is the ultimate builder/investor's dream with an Alderman who is pro-development. Close to plenty of public transportation options like the CTA Blue line, and near all major expressways. You must-see this one to believe the size and potential of this exceptional property, waiting for its new owner. 2.5-car Garage and 3-car exterior parking spaces complete the package. Being sold AS-IS.
12278744
MLSⓇ ID
February 21, 2025
Listed
February 21, 2025
Updated
Interior Features
Bedrooms
6
Total Bathrooms
3
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Exterior Features
Patio, Above Ground Pool
Roof
Tar/Gravel, Flat
Sewer
Public Sewer
School Information
School District
299
Other Property Details
Area Name
CHI - Logan Square
Taxes
$10,965
Tax Frequency
Annually
Days on Market
11
Garage
Yes
Garage Spaces
3
Parking
Off Street, Additional Parking, Alley Access, Enclosed, Secured
Parking Total
8
View
No
County
Cook
Municipality
Jefferson
Water Source
Lake Michigan
Pool
Yes
Zoning
MULTI
Courtesy of Compass, Amy Duong,
Listing Contact: 773-482-1917
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Data last updated 11:46 PM UTC, 2/21/2025