2702 W 24th Street, Chicago, IL, 60608

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$575,000
5 Days On Site

2702 W 24th Street
Chicago, IL 60608

For Sale|Multi Family|Active
0
Beds
0
Total Baths
6,200
SqFt
$93
/SqFt
1908
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Sperry Van Ness
Call Now: 877 582 4399
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877 582 4399
2702 W 24th Street2702 W 24th Street2702 W 24th Street2702 W 24th Street
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Discover an exceptional investment opportunity with this large 6-unit multifamily property, perfectly positioned for strong cash flow and growth. The front building features four spacious units, including two full-floor residences-a 4 bed/1 bath and a 3 bed/1 bath-alongside a 2 bed/1 bath and a 1 bed/1 bath unit on the second floor. A rear coach house adds two expansive 3 bed/1 bath full-floor units, complemented by a large attic for additional storage. Renovated in 2017, the property boasts updated kitchens, modern bathrooms, gleaming hardwood floors, central heat, and on-site laundry, ensuring tenant satisfaction and low maintenance. This property is a proven income generator, currently delivering excellent returns with significant upside potential. Rents are well below market rates, offering immediate opportunities to boost revenue with minimal effort. With a few strategic updates, this gem can easily achieve a 10+ cap rate, making it an ideal addition to any investor's portfolio. Don't miss your chance to own a turnkey multifamily asset with strong fundamentals and room for growth in a high-demand rental market.

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Listing Snapshot
Price 
$575,000
Days On Site 
5 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,200 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.07 Acres
Year Built 
1908
MLS® Number 
12408436
Status 
Active
Property Tax 
$10,260.6
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
5 days agoListing first seen on site
General Features
Acres 
0.07
Foundation 
Concrete PerimeterStone
Number Of Stories 
3
Property Sub Type 
Multi Family
SqFt Total 
6200
Zoning 
MULTI
Interior Features
Basement 
Unfinished
Electric 
Circuit Breakers
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - South Lawndale
Township 
West Chicago
Listing Courtesy of MRED as distributed by MLS Grid of Sperry Van Ness



Based on information submitted to the MLS GRID as of 2025-07-12 11:21 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-07-12 11:21 PM UTC
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