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$915,000
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Property Description
This classic legal 3-flat, located on a quiet tree-lined street in the heart of Logan Square, offers a unique opportunity for both investors and owner-occupants. The property will be delivered with one vacant unit beginning August 1, creating an ideal opportunity for an owner-occupant to move in while benefiting from rental income from the remaining units. For investors, this also provides flexibility to immediately lease the unit at market rates or implement their own business plan. Property Highlights -Rare legal 3-flat with all three units above grade (no garden unit) -One unit delivered vacant beginning August 1 - ideal for owner-occupants (Unit 1) -Full unfinished basement with duplex-down potential (subject to the buyer verifying zoning, requirements, and city approval) -Potential future ADU opportunity (subject to the buyer verifying zoning, requirements, and city approval) Forced-air heating systems (3) and Central A/C in unit 3 with the ability to AC to units 1 and 2 -Recent building upgrades include the roof sealing and exterior concrete/masonry work -Parking w/ 2 rear spots -Washer & Dryer in the basement Just moments from Palmer Square Park, the 606 Trail, Blue Line access, and Logan Square's renowned dining, shopping, and entertainment options. Additional features include generous basement storage and free street parking. The property offers multiple paths for future value creation and a legal three-flat like this building is rare to find.
Full Property Details
Full Property Details for 3517 W Palmer St
General
- Sold For: $915,000
- Taxes: $12,409 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12681448
- Added to Site: 67 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Total Spaces: 2
- Parking Features: Off-Alley, Yes, Owned
Location
- Area: CHI - Logan Square
- County: Cook
- Driving Directions: Fullerton to Drake, South on Drake to Palmer, East on Palmer to 3517 W. Palmer
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick, Frame
- Exterior Const.: Brick, Frame
- Basement Desc.: Unfinished, Full
- Year Built: 1914
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 126
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1914
- Tax Amount: $12,409.53
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13352190090000
Listed by Gates and Gables Realty
Sold by Chicagoland Brokers, Inc.
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Schools
Schools serving 3517 W Palmer St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mozart Elementary School 2200 North Hamlin Avenue, Chicago, IL 60647 | PK-8 | 0.4 mi |
Kelvyn Park High School 4343 West Wrightwood Avenue, Chicago, IL 60639 | 7-8 | 1.2 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 3517 W Palmer St
Date
Details
Price
Change
Source
7/28/2026
Sold
$915,000
7.77%
MLS
6/18/2026
Listed
$849,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3517 W Palmer Street, Chicago, IL 60647 (MLS# 12681448) is a Multi-Family property that was sold at $915,000 on July 28, 2026. Want to learn more about 3517 W Palmer Street? 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.

