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$1,020,000
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Property Description
Calling all investors and house hackers! Brick legal three-flat with an additional garden unit on the edge of Wicker Park. This SOLID building features eleven bedrooms and four bathrooms across approximately 4,600 square feet, with all units on separate meters and equipped with central air conditioning. Each of the three main units includes three bedrooms and one bathroom plus porch, all rehabbed around 2015, while the garden unit offers two bedrooms and one bathroom with private side and rear access. The building includes a three-car parking pad, a newer coin-operated laundry system for additional income. With current rents totaling $8,315 per month and a pro forma potential of of $10,000+/mo, the property is already cash-flowing and offers further upside with cosmetic updates or in unit washer/dryer. Top floor is MTM and perfect fit for an owner occupant. Leases are in place for additional units, and tenants pay their own gas and electric. Located just steps from the CTA Blue Line, 606 Trail, and some of Chicago's best restaurants and nightlife, this well-maintained asset offers prime convenience and steady returns in one of the city's most sought-after neighborhoods. Whether you're looking to offset your housing costs or expand your portfolio with a stable income-generating property this brick beauty delivers on all fronts.
Full Property Details
Full Property Details for 1527 N Western Ave
General
- Sold For: $1,020,000
- Taxes: $15,663 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12497606
- Added to Site: 91 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 11
Parking
- Total Spaces: 3
- Parking Features: Alley Access, Yes, Owned
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: on Western just south of North Ave.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Electric
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Year Built: 1897
- Built Before 1978: Yes
- Remodeled/Updated: 2014
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.06
- Lot Size Range: Standard Chicago Lot
- Lot Dimensions: 25 x 125
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1897
- Tax Amount: $15,663
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 17061000150000
Listed by eXp Realty
Sold by Second City Real Estate
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Schools
Schools serving 1527 N Western Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
De Diego Elementary Community Academy 1313 North Claremont Avenue, Chicago, IL 60622 | PK-8 | 0.2 mi |
Clemente Community Academy High School 1147 North Western Avenue, Chicago, IL 60622 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1527 N Western Ave
Date
Details
Price
Change
Source
11/03/2025
Sold
$1,020,000
-1.92%
MLS
10/16/2025
Listed
$1,040,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1527 N Western Avenue, Chicago, IL 60622 (MLS# 12497606) is a Multi-Family property that was sold at $1,020,000 on November 03, 2025. Want to learn more about 1527 N Western Avenue? Do you have questions about finding other Multi-Family real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.

