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$815,000
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Property Description
Exceptional income-producing investment opportunity at the intersection of Bucktown and Logan Square. This all-brick, updated two-unit building-with an owner's duplex-down-has operated as a highly successful Airbnb for over 11 years, demonstrating consistent demand and strong returns. Both 3-bedroom units have been renovated over time and feature updated kitchens and bathrooms, central air, and gas forced heat. The well-maintained property offers two separate units with private entrances, maximizing rental flexibility and income potential. Ideal for investors seeking a proven short-term or long-term rental asset in the city. Refer to the updates and improvements sheet for full details. Property highlights include: Fully fenced lot with landscaped backyard and green space; rebuilt rear decks off both units, two-car garage (spaces rent approx $200 per month); numerous recent updates, making it move-in ready and low-maintenance. Utilities paid by tenants and both units are currently vacant, offering immediate leasing flexibility Located just steps from the Blue Line, residents enjoy acclaimed dining, boutique shopping, and vibrant nightlife across Bucktown, Logan Square, and Wicker Park. Quick access to I-90/94 ensures seamless connectivity throughout the city. This is a rare opportunity to secure a high-demand, income-producing property in one of Chicago's most desirable neighborhoods. See additional info tab with updates and improvements
Full Property Details
Full Property Details for 2427 W McLean Ave
General
- Sold For: $815,000
- Taxes: $14,858 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12565177
- Added to Site: 12 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Bathroom Features: Whirlpool
Bedrooms
- Total Bedrooms: 6
Additional Information
- Equipment: Carbon Monoxide Detectors
- Other Features: Commuter Bus, Commuter Train
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Logan Square
- County: Cook
- Driving Directions: ONE BLOCK NORTH OF ARMITAGE, 1/2 BLOCK WEST OF WESTERN
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Sep Heating Systems - 2+, Zoned
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full, Walk-Out Access
- Year Built: 1892
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Manufactured Home
- Model: Multi Unit
Lot Features
- Lot Size Range: Standard Chicago Lot
- Lot Dimensions: 25 x 120
- Fence: Yes
- Zoning: MULTI
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1892
- Tax Amount: $14,858
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 13362310050000
Listed by @properties Christie's International Real Estate
Sold by Compass
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Schools
Schools serving 2427 W McLean Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Goethe Elementary School 2236 North Rockwell Street, Chicago, IL 60647 | PK-8 | 0.4 mi |
Clemente Community Academy High School 1147 North Western Avenue, Chicago, IL 60622 | 9-12 | 1.1 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 2427 W McLean Ave
Date
Details
Price
Change
Source
3/19/2026
Sold
$815,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2427 W McLean Avenue, Chicago, IL 60647 (MLS# 12565177) is a Multi-Family property that was sold at $815,000 on March 19, 2026. Want to learn more about 2427 W McLean 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.

