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$1,995,000 Just Listed
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Property Description
Essex 312 has been exclusively engaged to market for sale 1852 W. Wabansia Ave., a six-unit apartment building in the heart of Bucktown, one of Chicago's most sought-after neighborhoods. Ideally situated just steps from the 606 Bloomingdale Trail and the iconic six-way intersection of Milwaukee, North, and Damen Avenues, the property offers residents exceptional access to Bucktown and Wicker Park's renowned restaurants, bars, nightlife, retail, and entertainment. The property is also conveniently located just 0.3 miles from the Damen & Milwaukee/North CTA Blue Line Station, and only 0.6 miles from the Kennedy Expressway, providing excellent transit and regional accessibility. Beyond its location, the building offers rare diversification, with six distinct unit types: one (1) studio, one (1) 1 Bed/1 Bath, one (1) 1 Bed/2 Bath duplex-down, one (1) 2 Bed/2 Bath duplex-down, one (1) 2 Bed/2 Bath duplex-up, and one (1) 3 Bed/2 Bath duplex-up. This mix appeals to a broad range of renters and reduces reliance on any one segment of the rental market, a level of diversification rarely found in a six-unit property. Every unit has in-unit laundry, and tenants pay their own gas and electricity. The well-maintained units offer a straightforward mark-to-market opportunity and strong income upside potential. The full Offering Memorandum, including the rent roll and operating statement, is available upon request.
Full Property Details
Full Property Details for 1852 W Wabansia Ave
General
- Price: $1,995,000
- HOA FEE: $3,000
- Taxes: $28,116 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12774904
- Updated: 10/5/2026
- Added to Site: 1 day(s) ago
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: North Ave to Damen Ave, North on Damen to Wabansia Ave, East on Wabansia to 1852.
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Forced Air, Gas, Separate per Unit, Individual Furnaces
Utilities
- Trash: 2349
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Roof: Composition, Membrane
- Stories/Levels: 3
- Square Feet: 4,827
- Current Bldg. Use: Multi-Family
- Year Built: 1887
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 6
Lot Features
- Lot Dimensions: 24 x 80
- Frontage: City Street
- Potential Use: Multi-Family
Financial Considerations
- Maint. Fee: $3,000
- Insurance Fee: $3,642
- Operating Expenses: $53,530
- Other Fee: $3,000
- Assessment Year: 1887
- Tax Amount: $28,116.11
- Tax Year: 2025
- Pays Electric: 448
- Pays Trash: 2349
Disclosures and Reports
- Property ID: 14314180230000
Listed by Essex 312, LLC
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Schools
Schools serving 1852 W Wabansia Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Burr Elementary School, Chicago, IL 1621 West Wabansia Avenue, Chicago, IL 60622 | PK-8 | 0.3 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1852 W Wabansia Ave
Date
Details
Price
Change
Source
10/05/2026
Listed
$1,995,000
15.65%
MLS
3/03/2023
Sold
$1,725,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1852 W Wabansia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$17,107
—
$135,000
67%
2023
$17,107
3%
$80,836
—
2022
$16,627
-10%
$80,836
-12%
2021
$18,422
30%
$91,609
43%
2020
$14,225
—
$63,855
-10%
2019
$14,255
-11%
$70,951
-12%
2018
$15,945
26%
$80,718
38%
2017
$12,620
7%
$58,623
—
2016
$11,742
-6%
$58,623
-14%
2015
$12,550
52%
$68,489
54%
2014
$8,256
2%
$44,500
—
2013
$8,093
-5%
$44,500
-6%
2012
$8,537
—
$47,573
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1852 W Wabansia Ave
1852 W Wabansia Avenue, Chicago, IL 60622 (MLS# 12774904) is a Commercial property. 1852 W Wabansia Avenue is currently listed for $1,995,000 and was received on October 05, 2026. Want to learn more about 1852 W Wabansia Avenue? Do you have questions about finding other Commercial 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.

