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$1,150,000
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Property Description
An exceptional opportunity for investors or owner-users to acquire a well-maintained mixed-use building in one of Chicago's most sought-after neighborhoods. This two-unit property offers the ideal blend of residential income and commercial presence, all in the heart of vibrant Bucktown. The upper-level residential unit features a modern 3-bedroom, 2-bath layout with high ceilings, contemporary finishes, and an open, airy feel. Currently rented, this unit provides immediate, stable income with strong tenant appeal. An attached two-car garage adds significant value and convenience-an increasingly rare find in the area. The first-floor commercial space is home to an established hair salon, offering excellent street visibility and foot traffic in a prime Bucktown location surrounded by boutiques, dining, and residential density. The building has been thoughtfully maintained, making it a turnkey option for those seeking a low-maintenance investment or a live/work scenario in a premier neighborhood. Whether you're looking to diversify your portfolio or secure a property with built-in income streams, this mixed-use Bucktown asset checks all the boxes.
Full Property Details
Full Property Details for 2016 W Concord Pl
General
- Price: $1,150,000
- Taxes: $24,583 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12603407
- Updated: 4/2/2026
- Added to Site: 8 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: Turn left onto Concord from Damen
- Location Details: Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Block
- Exterior Const.: Block
- Stories/Levels: 2
- Square Feet: 3,062
- Current Bldg. Use: Condominium
- Year Built: 1994
Unit Information
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 2,400
- Lot Dimensions: 24 x 100
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $3,091
- Operating Expenses: $113
- Security Deposit: Other
- Assessment Year: 1994
- Tax Amount: $24,583.61
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Sewer, Varies by Tenant
Disclosures and Reports
- Property ID: 14313320350000
Listed by Compass
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Schools
Schools serving 2016 W Concord Pl
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Pulaski International School of Chicago 2230 West McLean Avenue, Chicago, IL 60647 | K-8 | 0.6 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 2016 W Concord Pl
Date
Details
Price
Change
Source
3/27/2026
Listed
$1,150,000
79.97%
MLS
3/30/2006
Sold
$639,000
—
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 2016 W Concord Pl
Year
Property Taxes
Change
Tax Assessment
Change
2023
$22,221
3%
$105,000
—
2022
$21,597
2%
$105,000
—
2021
$21,115
73%
$105,000
82%
2020
$12,177
—
$57,763
-10%
2019
$12,206
2%
$64,182
—
2018
$11,999
16%
$64,182
25%
2017
$10,339
6%
$51,402
—
2016
$9,795
10%
$51,402
—
2015
$8,938
-1%
$51,402
1%
2014
$9,000
2%
$51,076
—
2013
$8,811
1%
$51,076
—
2012
$8,718
—
$51,076
—
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 2016 W Concord Pl
2016 W Concord Place, Chicago, IL 60647 (MLS# 12603407) is a Commercial property. 2016 W Concord Place is currently listed for $1,150,000 and was received on March 27, 2026. Want to learn more about 2016 W Concord Place? 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.

