3240 W Cortez Street
Chicago, IL, 60651 $ 570,000
Bedrooms9 Baths4.0 Monthly Estimate*
$ 3,510
for $570,000 with 9 bedrooms and 4 full baths. This home was built in 1918.
**MULTIPLE OFFERS RECEIVED**Beautiful legal 3-unit building located in the highly desirable Humboldt Park neighborhood. This well-maintained property offers an exceptional opportunity for both owner-occupants and investors seeking strong rental potential in a high-demand area. The building consists of three units, including a garden-level Unit 1 and two above-grade units (Units 2 and 3). Unit 1 (garden) stands out with a thoughtfully designed 3-BEDROOM, 2-BATH open concept layout offering significantly more space and functionality than a typical garden unit. The spacious kitchen features ample cabinetry, generous counter space, and a seamless flow into the living area, ideal for everyday living and entertaining. The unit offers great ceiling height, recessed lighting, and a bright, comfortable living room, along with modern finishes, updated flooring, and well-proportioned bedrooms. Units 2 and 3 each feature spacious 3-BEDROOMS, 1-BATH layouts with expansive living and dining areas, abundant natural light, and charming original woodwork throughout. Large windows create a bright, inviting atmosphere, while in-unit washer and dryer hookups add everyday convenience. UNIT 2 has been recently refreshed, professionally cleaned, and is truly move-in ready. Additional highlights include a 2-car garage, separately metered utilities, and efficient layouts designed to maximize rental income. Conveniently located just steps from Humboldt Park, and close to grocery stores, restaurants, local shops, and public transportation. The neighborhood continues to experience significant new construction and redevelopment, further driving demand and long-term appreciation, making this an especially strong investment opportunity.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas Forced Air Sep Heating Systems - 2+ Indv Controls
Possession Closing Tenant's Rights
Zoning MULTI
Garage Spaces 2
Architectural Style Brownstone
Construction Materials Brick
Year Built 1918
Township West Chicago
Tax Year 2024
Ownership Fee Simple
Gross Income 36600
Community Features Park
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 17
Status New
Directions Kedzie south to Cortez West to property
City Chicago
High School District 299
MLS Area CHI - Humboldt Park
Tax Annual Amount 9792.07
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Finished None Full
Total Bedrooms 9
Total Baths 4
Bedrooms Possible 9
Full Baths Building 4
Half Baths Building 0
Total Number of Units 3
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ExteriorParking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 30X117
Waterfront Y/N N
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* Excluded FeaturesList Bygreg.morales0802@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,510
- Monthly Property Taxes
- $816
- 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 $621,972
Percent of Sale Price 9%
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.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/15/2026 | $570,000 | | Listed Price |