1851 W Chicago Avenue Chicago, IL ^$ 1,299,900

1851 W Chicago Avenue

^$ 1,299,900

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1851 W Chicago Avenue

Chicago, IL, 60622

^$ 1,299,900

Bedrooms7 Baths0.0

Monthly Estimate*

^$ 8,004

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Multi-Family Home for sale in Chicago, IL

for $1,299,900 with 7 bedrooms. This home was built in 1894.

1851 Chicago is a fully renovated, five-unit mixed-use powerhouse in the heart of Ukrainian / East Village. The first-floor commercial space delivers serious curb appeal with soaring ceilings, hardwood floors, and unbeatable street presence on vibrant Chicago Ave. Above, four beautifully rehabbed apartments include three 2-bed/1-bath units and an oversized top-floor 1-bed/1-bath featuring a private rooftop deck with jaw-dropping downtown views. Every unit is separately metered and pays its own heat, A/C, and electric. Interiors shine with white shaker cabinets, quartz countertops, subway tile backsplashes, updated baths, and in-unit washer/dryers. Tenants love the walk-to-everything location-keeping turnover low and re-leasing fast. Generating over $10,000 per month with low taxes, this is the turnkey, cash-flowing investment you've been waiting for. Broker owned

Multi-Family Active

Price

^$ 1,299,900

Bedrooms

Property Type

Multi-Family

Taxes

^$ 19,784

Style

Year Built

1894

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12567789

Features

General

Cooling Central Air Central Individual

Roof Rubber

Zoning COMMR

Construction Materials Brick

Year Built 1894

Electric Separate Meters

Tenant Pays Air Conditioning Electricity Heat Hot Water

Stories Count 3

Tax Year 2024

Gross Income 122700

County Cook

Net Operating Income 110313

Operating Expense 12387

Insurance Expense 4093

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Status New

Directions Drive to 1851 W Chicago

City Chicago

Number Of Units Total 5

MLS Area CHI - West Town

Tax Annual Amount 19784

Electric Expense 406

Fuel Expense 584

Trash Expense 4729

Water Sewer Expense 2575

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions 2 927

Frontage Type City Street Alley Access

* Excluded Features

List By

@Properties Christie's International Real Estate

Broker

dwk@atproperties.com

Affordability Calculator

$9,652

Per Month

Monthly Principal & Interest: $8,004
Monthly Property Taxes: $1,649
Monthly Home Insurance: --

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Yearly 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.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$607,426

Percent of Sale Price 53%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/20/2026	$1,299,900		Listed Price

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1851 W Chicago Avenue, Chicago, IL, 60622 is a Multi-Family Home for sale at $1,299,900. 1851 W Chicago Avenue has 7 bedrooms, 0.0 baths, and was built in 1894. The property's zip code is 60622 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 2/21/2026.

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1851 W Chicago Avenue

Multi-Family Home for sale in Chicago, IL

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