2450 W Chicago Avenue, Chicago, IL 60622 - Photo 1

1/1

$1,654,000

Sold
Closed
Commercial

1/1

Property Description

Fully Rehabbed Legal 6-Flat with High-End Finishes grossing $172k annually! Experience the ultimate in urban living or investment in this stunningly renovated 6-unit building, perfectly positioned in the heart of West Town. Meticulously gut renovated, every detail of this rehab exudes quality and sophistication. Featuring three on-site parking spaces, the building offers a diverse unit mix: two 2-bed/2-bath residences and four 1-bed/1-bath apartments. All units feature gourmet kitchens, spa-like bathrooms, hardwood floors, spacious bedrooms, in-unit laundry, central HVAC, custom closets, and designer fixtures. Bathed in natural light thanks to ample windows, the property also features a rear staircase with back balconies on the rear 1br units. Currently fully leased.

Full Property Details

Full Property Details for 2450 W Chicago Ave

General

Sold For: $1,654,000
Taxes: $13,965 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12377725
Added to Site: 232 day(s) ago

Location

Area: CHI - West Town
County: Cook
Driving Directions: Chicago Ave just west of Western Ave on north side of street

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Central Heat/Individual Controls, Gas

Structural Information

Construction: Brick
Exterior Const.: Brick
Basement Desc.: Unfinished
Foundation: Concrete Perimeter
Roof: Rubber
Stories/Levels: 3
Current Bldg. Use: Multi-Family
Year Built: 1907
Built Before 1978: Yes

Unit Information

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

Lot Features

Lot Size (Acres): 0.06
Lot Dimensions: 24 x 121
Frontage: City Street
Zoning: MULTI

Financial Considerations

Assessment Year: 1907
Tax Amount: $13,965.49
Tax Year: 2023
Tenant Pays: Electricity, Heat, Hot Water

Disclosures and Reports

Documents Avail.: Rent Roll, Tax Bill
Property ID: 16014310200000

Listed by Base 3 Properties
Sold by Baird & Warner

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Schools

Schools serving 2450 W Chicago Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Chopin Elementary School 2450 West Rice Street, Chicago, IL 60622	PK-8	0.1 mi
Clemente Community Academy High School 1147 North Western Avenue, Chicago, IL 60622	9-12	0.5 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 2450 W Chicago Ave

Date

Details

Price

Change

Source

7/31/2025

Sold

$1,654,000

-2.42%

MLS

5/28/2025

Listed

$1,695,000

—

MLS

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

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Total Baths
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2450 W Chicago Avenue, Chicago, IL 60622 (MLS# 12377725) is a Commercial property that was sold at $1,654,000 on July 31, 2025. Want to learn more about 2450 W Chicago 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.

2450 W Chicago Ave Chicago, IL 60622