1707 N WASHTENAW Avenue Chicago, IL $ 1,000,000
1707 N WASHTENAW Avenue
$ 1,000,000
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1707 N WASHTENAW Avenue

Chicago, IL, 60647
$ 1,000,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 6,157

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Multi-Family Home for sale in Chicago, IL

for $1,000,000 with 8 bedrooms and 4 full baths. This home was built in 1890.

Well-located legal 3-flat with four (4) 2BR/1BA units plus a separately leased private garage, offering immediate income with strong long-term upside. Situated just one block from The 606 and a short walk to the CTA Western Blue Line, with easy access to I-90/94-this is a highly desirable rental corridor with consistent tenant demand. All units feature functional, spacious layouts and are well-positioned for rent growth through light cosmetic updates. Rents are currently below market, presenting a clear value-add opportunity for investors seeking to increase cash flow. The property includes an upgraded, expansive, light-filled owner's unit, ideal for an owner-occupant or premium rental. Additional income is generated from a privately leased garage at above-market rent, further enhancing overall returns. Excellent opportunity to acquire a stable asset in a prime West Town/Logan Square adjacent location with both in-place income and future upside.

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Multi-Family Contingent

Price

$ 1,000,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 12,103

Style

Year Built

1890

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12562637

Features
General
Sewer Other
Heating Natural Gas
Possession Closing
Zoning MULTI
Garage Spaces 2
Construction Materials Frame
Year Built 1890
Township Jefferson
Tax Year 2023
Ownership Fee Simple
Gross Income 86400
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 20
Status Contingent
Directions ARMITAGE WEST OR EAST TO WASHTENAW THEN SOUTH TO ADDRESS
City Chicago
High School District 299
MLS Area CHI - West Town
Tax Annual Amount 12103
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 25X125
Lot Size Acres 0
Waterfront Y/N N
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* Excluded Features
List By
Compass

Broker

joe.kotoch@compass.com

Email

Affordability Calculator

$7,166
Per Month
86%
14%
0%
Monthly Principal & Interest
$6,157
Monthly Property Taxes
$1,009
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.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2026$1,000,000 Listed Price

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1707 N WASHTENAW Avenue, Chicago, IL, 60647 is a Multi-Family Home for sale at $1,000,000. 1707 N WASHTENAW Avenue has 8 bedrooms, 4.0 baths, and was built in 1890. The property's zip code is 60647 which is in Chicago, IL