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 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Tatiana Hernandez are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 2/21/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 11:46 PM UTC, 2/21/2025

 

 

Powered byLuxury Presence