3738 N Richmond Street
Chicago, IL, 60618 $ 649,000
Bedrooms4 Baths3.1 Sq 3,000 Monthly Estimate*
$ 3,996
for $649,000 with 4 bedrooms and 3 full baths, 1 half bath. This 3,000 square foot home was built in 1925.
Classic all-brick Chicago two-flat offering solid construction, generous room sizes, and meaningful long-term upside. Located on a 36 x 126 lot, the property includes a two-car detached garage and a rear yard, providing valuable off-street parking and outdoor space. Both units feature traditional, well-proportioned layouts with separate living and dining rooms, hardwood floors, original wood trim, and excellent natural light throughout. The kitchens offer eat-in space, and the bedrooms are comfortably sized, making the layouts functional today while presenting clear opportunities for cosmetic updates and future rent growth. Original architectural details remain intact, preserving the character typical of classic Chicago masonry construction. The partially finished basement includes recreation space, multiple storage rooms, workshop and utility areas, and an additional bathroom. The lower level offers flexibility and potential to be incorporated into a duplex-down configuration or explored as a future garden-level unit, subject to zoning, permits, and buyer due diligence. The property currently provides stable income with built-in flexibility. Unit 1 is leased at $1,400 per month on a month-to-month basis, while Unit 2 is leased at $1,400 per month with a lease in place through September 2026. Total monthly income is $2,800, or $33,600 annually, allowing a buyer to generate cash flow while planning future improvements or occupancy. The property is being offered for sale in as-is condition. Conveniently located near parks, public transportation, restaurants, and neighborhood amenities, with easy access to surrounding North Side communities.
See more
FeaturesGeneralSewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Garage Spaces 2
Construction Materials Brick
Year Built 1925
Township Jefferson
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 13
Status New
Directions Addison to Richmond north to property.
High School Schurz High School
City Chicago
High School District 299
MLS Area CHI - Irving Park
Elementary School Cleveland Elementary School
Tax Annual Amount 10885.32
Middle/Junior High School Cleveland Elementary School
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
See more
InteriorBasement Partially Finished Full
Total Bedrooms 4
Room Type Sitting Room Utility Room-Lower Level Workshop
Total Baths 3
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 1
Total Number of Units 2
See more
ExteriorParking Features Yes Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 36X126
Waterfront Y/N N
See more
* Excluded FeaturesList Bylance.lukose@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,996
- Monthly Property Taxes
- $907
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $581,348
Percent of Sale Price 10%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
1618474 Elementary School
1618474 Middle School
Schurz High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/16/2026 | $649,000 | | Listed Price |