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$565,000 Just Listed
Property Description
ESTATE SALE. AS-IS. Rarely available Two-Flat in the highly sought-after Little Italy / University Village neighborhood of Chicago. This property offers great bones and a solid layout, presenting a value-add opportunity for an investor or owner-occupant, but will require work. Garage is in poor condition and is considered a tear-down. The location benefits from a strong and consistent renter base, driven by close proximity to UIC, the Illinois Medical District, Downtown Chicago, and major transportation corridors. University Village and Little Italy continue to see steady rental demand from students, medical professionals, and urban commuters. The property is also just steps from Taylor Street's well-known restaurants, neighborhood amenities, parks, and public transit. Property is being sold AS-IS as an estate sale. No warranties or representations are provided, as the seller has limited knowledge of the property. A compelling opportunity to renovate and reposition a classic two-unit building in one of Chicago's most established Near West Side neighborhoods.
Full Property Details
Full Property Details for 723 S Aberdeen St
General
- Price: $565,000
- Taxes: $10,404 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12549222
- Updated: 1/16/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Total Spaces: 3
- Parking Features: Yes
Location
- Area: CHI - Near West Side
- County: Cook
- Township: West Chicago
- Driving Directions: From I-290 (Eisenhower Expressway): Head east on I-290. Take the Clinton St. exit and keep left. Continue on Clinton St. approximately 1.5 miles. Turn right on Van Buren St., then left on Halsted St. Continue to South Aberdeen St. Turn right - property will be on the left at 723 S Aberdeen St, Chicago, IL 60607.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Radiator(s)
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Year Built: 1890
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 26 x 100
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1890
- Tax Amount: $10,404
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany, Probate Listing
- Property ID: 17174110120000
Listed by Brookline Real Estate LLC
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Schools
Schools serving 723 S Aberdeen St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Smyth J Elementary School 1059 West 13th Street, Chicago, IL 60608 | K-8 | 0.5 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 2 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 723 S Aberdeen St
Date
Details
Price
Change
Source
1/16/2026
Listed
$565,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 723 S Aberdeen St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,404
3%
$49,142
—
2022
$10,142
-12%
$49,142
-14%
2021
$11,531
23%
$57,157
36%
2020
$9,368
-1%
$41,914
-11%
2019
$9,494
-11%
$47,095
-13%
2018
$10,691
15%
$53,949
25%
2017
$9,312
8%
$43,110
—
2016
$8,634
9%
$43,110
—
2015
$7,900
26%
$43,110
27%
2014
$6,277
2%
$33,830
—
2013
$6,153
1%
$33,830
—
2012
$6,071
—
$33,830
—
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 723 S Aberdeen St
723 S Aberdeen Street, Chicago, IL 60607 (MLS# 12549222) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 723 S Aberdeen Street is currently listed for $565,000 and was received on January 16, 2026. Want to learn more about 723 S Aberdeen Street? Do you have questions about finding other Multi-Family real estate for sale in Near West Side? You can browse all Near West Side real estate or contact a Coldwell Banker agent to request more information.
