42
See all 42 photos
$1,050,000
Est. payment /mo
8 Beds
4 Baths
3,920 Sqft Lot
New
3245 W Division ST Chicago, IL 60651
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12735942
Bedrooms 8
Year Built 1915
Annual Tax Amount $10,136
Tax Year 2025
Lot Size 3,920 Sqft
Lot Dimensions 3900
Property Sub-Type Two to Four Units
Property Description
Ideally located just steps from Humboldt Park, this rare income property features an oversized all-brick building on an extra-wide and extra-deep 30 x 130 lot in one of Chicago's most dynamic neighborhoods, where rents are surging and investment momentum continues to accelerate. This fully leased investment property generates $107K in annual rent delivering strong, reliable cash flow from day one. All units have been extensively renovated within the last 2-7 years, featuring modern kitchens and baths, drywall, copper plumbing, and conduit electrical. Two front units boast fantastic private balconies, while two rear units feature enclosed porches that are ideal for additional storage or flexible living space. All four conforming, have separated utilities, gas forced-air heat, and central AC, & are fully leased. The garden unit is a value-add opportunity. Three-car parking pad on-site, with one space currently unrented allowing for easy additional income. Strong Cash Flow, Quality Bones, & Highly Renovated. This is a rare opportunity to own a high-performing asset in a corridor with genuine momentum, before the market catches up.
Location
State IL
County Cook
Area Chi - Humboldt Park
Zoning MULTI
Rooms
Basement Partially Finished, Unfinished, Full
Interior
Heating Natural Gas, Forced Air
Equipment Multiple Water Heaters
Fireplace N
Exterior
Exterior Feature Balcony
Roof Type Flat
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Greg Nagel of Ask Nagel