2448 W Iowa Street, Chicago, IL 60622 - Photo 1

1/1

$1,220,000

Sold
Closed
Commercial

1/1

Property Description

Incredible Value-Add Opportunity! 6-unit plus garden in a great location with a lot of new development close to restaurants, shops and transportation. Fully rented with long term tenants. All units have GFA/CA and tenants pay their own heat. Plumbing and electric have been upgraded. 5 units have in-unit washer/dryer and 2 units share laundry in the basement. The three front units are 2 bedroom/1 bath, the three rear units are 1 bedroom/1 bath and the garden unit is a studio. Property being sold AS-IS.

Full Property Details

Full Property Details for 2448 W Iowa St

General

Sold For: $1,220,000
Taxes: $30,474 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12438707
Added to Site: 165 day(s) ago

Location

Area: CHI - West Town
County: Cook
Driving Directions: Property is North of Chicago, South of Augusta and West of Western; Iowa is one way East. Take Western to Chicago, west on Chicago, north on Rockwell, east on Iowa to 2448

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Forced Air, Gas, Separate per Unit

Structural Information

Construction: Brick
Exterior Const.: Brick
Stories/Levels: 3
Year Built: 1878
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 7
Units w/Range/Oven: 7
# Dryers: 6

Lot Features

Lot Dimensions: 29 x 125
Zoning: MULTI

Financial Considerations

Operating Expenses: $47,874
Assessment Year: 1878
Tax Amount: $30,474
Tax Year: 2023
Tenant Pays: Air Conditioning, Electricity, Heat

Disclosures and Reports

Property ID: 16014230220000

Listed by @properties Christie's International Real Estate
Sold by @properties Christie's International Real Estate

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code *

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agent

— 2448 W Iowa St —

@properties Christie's International Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 2448 W Iowa St

School District:Chicago Public School District 299

Name	Grades	Distance
Chopin Elementary School 2450 West Rice Street, Chicago, IL 60622	PK-8	0 mi
Clemente Community Academy High School 1147 North Western Avenue, Chicago, IL 60622	9-12	0.4 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 2448 W Iowa St

Date

Details

Price

Change

Source

11/21/2025

Sold

$1,220,000

-12.54%

MLS

8/05/2025

Listed

$1,395,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

4901 W 14th St, Cicero, IL 60804 - Photo 1

Just Listed

$25

4901 W 14th St Cicero, IL 60804

Commercial Lease
Active
Updated 3 days ago

3136 S 54th Ave, Cicero, IL 60804 - Photo 1

Just Listed

$319,999

3136 S 54th Ave Cicero, IL 60804

Single Family
Active
Updated 2 days ago

6
Beds
2
Total Baths
1,400
Sq. Ft.

5322 W 23rd St, Cicero, IL 60804 - Photo 1

Just Listed

$260,000

5322 W 23rd St Cicero, IL 60804

Single Family
Active
Updated 15 hours ago

5
Beds
3
Total Baths
1,738
Sq. Ft.

1417 S 48th Ct, Cicero, IL 60804 - Photo 1

Just Listed

$424,900

1417 S 48th Ct Cicero, IL 60804

Multi-Family
Active
Updated 5 days ago

5
Total Beds

1809 S 49th Ave, Cicero, IL 60804 - Photo 1

Price Reduced

-$10,000 (-3.23%)

$299,900

1809 S 49th Ave Cicero, IL 60804

Multi-Family
Active
Updated 5 days ago

3
Total Beds

1337 S Austin Blvd, Cicero, IL 60804 - Photo 1

Price Reduced

-$10,000 (-1.74%)

$565,000

1337 S Austin Blvd Cicero, IL 60804

Multi-Family
Active
Updated 15 hours ago

5
Total Beds

1638 S Central Ave, Cicero, IL 60804 - Photo 1

Price Reduced

-$2,000 (-0.73%)

$272,900

1638 S Central Ave Cicero, IL 60804

Single Family
Active
Updated 1 day ago

4
Beds
2
Total Baths
1,700
Sq. Ft.

5734 W Cermak Rd, Cicero, IL 60804 - Photo 1

Price Reduced

-$36,000 (-5.26%)

$649,000

5734 W Cermak Rd Cicero, IL 60804

Lots/Land
Active
Updated 1 day ago

2425 W Erie St, Chicago, IL 60612 - Photo 1

Sold

$1,255,000

2425 W Erie St Chicago, IL 60612

Single Family
Closed

5
Beds
4
Total Baths
4,000
Sq. Ft.

2337 W Thomas St, Chicago, IL 60622 - Photo 1

Sold

$1,140,000

2337 W Thomas St Chicago, IL 60622

Commercial
Closed
Updated 8 days ago

938 N Washtenaw Ave, Chicago, IL 60622 - Photo 1

Sold

$1,050,000

938 N Washtenaw Ave Chicago, IL 60622

Multi-Family
Closed

6
Total Beds

2607 W Haddon Ave, Chicago, IL 60622 - Photo 1

Sold

$1,100,000

2607 W Haddon Ave Chicago, IL 60622

Commercial
Closed

4,608
Sq. Ft.

2448 W Iowa Street, Chicago, IL 60622 (MLS# 12438707) is a Commercial property that was sold at $1,220,000 on November 21, 2025. Want to learn more about 2448 W Iowa Street? 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.

2448 W Iowa St Chicago, IL 60622