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2854 W Grace Avenue Chicago, IL $ 985,000
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2854 W Grace Avenue
$ 985,000
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2854 W Grace Avenue

Chicago, IL, 60618
$ 985,000
Bedrooms6 Baths4.0

Monthly Estimate*

$ 6,065

2854 W Grace Avenue, Chicago, IL 60618 - Image 1
2854 W Grace Avenue, Chicago, IL 60618 - Image 2
2854 W Grace Avenue, Chicago, IL 60618 - Image 3

Multi-Family Home for sale in Chicago, IL

for $985,000 with 6 bedrooms and 4 full baths. This home was built in 1928.

Stately yellow brick 4 flat on the corner of Francisco and Grace in an area screaming with rehabs and new construction. All apartments are in great condition with updated kitchens and baths, refinished hardwood floors and separate heat. Full high basement offers ability to expand living space. All leased apartments with great tenants that share the lovely rear yard. Great income investment Net income $60894. with room to expand. 6% return cash on cash.

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Multi-Family Active

Price

$ 985,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 13,762

Style

Traditional

Year Built

1928

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12676094
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Tenant's Rights
Roof Rubber
Zoning MULTI
Architectural Style Traditional
Construction Materials Brick
Year Built 1928
Township Jefferson
Tax Year 2024
Ownership Fee Simple
Gross Income 82860
Community Features Curbs Sidewalks Street Lights
County Cook
Net Operating Income 60894
Insurance Expense 3732
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 18
Status New
Directions California to Grace Str (3800 N) west to corner of Francisco & Grace
City Chicago
High School District 299
MLS Area CHI - Irving Park
Tax Annual Amount 13762
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Storage Space Full
Total Bedrooms 6
Total Baths 4
Bedrooms Possible 6
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Lot Features Corner Lot
Water Source Lake Michigan Public
Total Parking 0
Foundation Details Concrete Perimeter
Lot Dimensions 30 X 125
Waterfront Y/N N
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* Excluded Features
List By
Compass

Broker

matt.mika@compass.com

Email

Affordability Calculator

$7,212
Per Month
84%
16%
0%
Monthly Principal & Interest
$6,065
Monthly Property Taxes
$1,147
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/12/2026$985,000 Listed Price

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2854 W Grace Avenue, Chicago, IL, 60618 is a Multi-Family Home for sale at $985,000. 2854 W Grace Avenue has 6 bedrooms, 4.0 baths, and was built in 1928. The property's zip code is 60618 which is in Chicago, IL

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