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$900,000 Just Listed
Property Description
2418 N Western Avenue is a well-configured four-unit property located in the heart of Bucktown. The property features three units in the front building plus a detached coach house in the rear, offering four separate 1-bedroom/1-bathroom units. Each unit is separately equipped with its own HVAC system, hot water tank, and electric panel. The property also features common-area laundry located in the basement of the rear coach house, along with one exterior parking space accessible from the alley. Rents are currently below market, providing meaningful upside for a new owner. The four units currently generate an average rent of $1,756 per month compared to an estimated market average of $2,300 per month. Unit 2F is currently in the process of moving out, creating an opportunity for an owner-occupant or investor seeking flexibility. Ideally situated at the convergence of Bucktown, Logan Square, and West Lakeview, 2418 N Western Avenue offers convenient access to the Western Blue Line station, expressway, and multiple bus routes. The property combines strong neighborhood connectivity with immediate rental upside and a flexible four-unit configuration.
Full Property Details
Full Property Details for 2418 N Western Ave
General
- Price: $900,000
- HOA FEE: $3,000
- Taxes: $18,752 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12761589
- Updated: 9/16/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Carbon Monoxide Detectors, Multiple Water Heaters, Water Heater-Gas
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Total Spaces: 1
- Parking Features: Off-Alley, Off-Street, Alley Access, Yes, Owned
Location
- Area: CHI - Logan Square
- County: Cook
- Township: West Chicago
- Driving Directions: Kennedy Expressway (I-90/94) to Fullerton Ave (Exit 47A), head west on Fullerton Ave to Western Ave, then turn left (south) on Western Ave to 2418 N Western Ave.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Goethe Elementary School
- Middle School: Clemente Community Academy Senio
- High School: Clemente Community Academy Senio
- Private School: Clemente Community Academy Senio
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Model: 4-Flat
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Foundation: Brick/Mortar, Concrete Perimeter, Stone
- Roof: Asphalt
- Year Built: 1880
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Manufactured Home
- Model: 4-Flat
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.06
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 109
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $3,000
- Insurance Fee: $4,500
- Parking Included: Yes
- Assessment Year: 1880
- Tax Amount: $18,752
- Tax Year: 2025
- Pays Electric: 750
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Standard
- Documents Avail.: Rent Roll, Leases, Tax Bill, Title Report, Operating Statement
- Property ID: 13254310320000
Listed by Essex 312, LLC
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Schools
Schools serving 2418 N Western Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Goethe Elementary School 2236 North Rockwell Street, Chicago, IL 60647 | PK-8 | 0.3 mi |
Clemente Community Academy High School 1147 North Western Avenue, Chicago, IL 60622 | 9-12 | 1.6 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 2418 N Western Ave
Date
Details
Price
Change
Source
9/16/2026
Listed
$900,000
33.33%
MLS
4/03/2024
Sold
$675,000
—
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 2418 N Western Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,143
19%
$90,000
25%
2023
$15,213
3%
$71,847
—
2022
$14,828
2%
$71,847
—
2021
$14,495
36%
$71,847
51%
2020
$10,652
-2%
$47,645
-12%
2019
$10,917
2%
$54,143
—
2018
$10,695
9%
$54,143
18%
2017
$9,852
7%
$45,767
—
2016
$9,167
9%
$45,767
—
2015
$8,387
23%
$45,767
25%
2014
$6,806
-12%
$36,685
-13%
2013
$7,712
1%
$42,402
—
2012
$7,609
—
$42,402
—
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 2418 N Western Ave
2418 N Western Avenue, Chicago, IL 60647 (MLS# 12761589) is a Multi-Family property with 4 units containing 4 bedrooms and 0 full bathrooms. 2418 N Western Avenue is currently listed for $900,000 and was received on September 16, 2026. Want to learn more about 2418 N Western Avenue? Do you have questions about finding other Multi-Family real estate for sale in Logan Square? You can browse all Logan Square real estate or contact a Coldwell Banker agent to request more information.
