3517 W Palmer Street Chicago, IL $ 849,000
3517 W Palmer Street
$ 849,000
Recently Listed
Share Save

3517 W Palmer Street

Chicago, IL, 60647
$ 849,000
Bedrooms8 Baths3.0

Monthly Estimate*

$ 5,227

3517 W Palmer Street, Chicago, IL 60647 - Image 1
3517 W Palmer Street, Chicago, IL 60647 - Image 2
3517 W Palmer Street, Chicago, IL 60647 - Image 3
3517 W Palmer Street, Chicago, IL 60647 - Image 4
3517 W Palmer Street, Chicago, IL 60647 - Image 5
3517 W Palmer Street, Chicago, IL 60647 - Image 6
3517 W Palmer Street, Chicago, IL 60647 - Image 7
3517 W Palmer Street, Chicago, IL 60647 - Image 8
3517 W Palmer Street, Chicago, IL 60647 - Image 9
3517 W Palmer Street, Chicago, IL 60647 - Image 10
3517 W Palmer Street, Chicago, IL 60647 - Image 11
3517 W Palmer Street, Chicago, IL 60647 - Image 12
3517 W Palmer Street, Chicago, IL 60647 - Image 13
3517 W Palmer Street, Chicago, IL 60647 - Image 14
3517 W Palmer Street, Chicago, IL 60647 - Image 15
3517 W Palmer Street, Chicago, IL 60647 - Image 16
3517 W Palmer Street, Chicago, IL 60647 - Image 17
3517 W Palmer Street, Chicago, IL 60647 - Image 18
3517 W Palmer Street, Chicago, IL 60647 - Image 19
3517 W Palmer Street, Chicago, IL 60647 - Image 20
3517 W Palmer Street, Chicago, IL 60647 - Image 21
3517 W Palmer Street, Chicago, IL 60647 - Image 22
3517 W Palmer Street, Chicago, IL 60647 - Image 23

Multi-Family Home for sale in Chicago, IL

for $849,000 with 8 bedrooms and 3 full baths. This home was built in 1914.

This classic legal 3-flat, located on a quiet tree-lined street in the heart of Logan Square, offers a unique opportunity for both investors and owner-occupants. The property will be delivered with one vacant unit beginning August 1, creating an ideal opportunity for an owner-occupant to move in while benefiting from rental income from the remaining units. For investors, this also provides flexibility to immediately lease the unit at market rates or implement their own business plan. Property Highlights -Rare legal 3-flat with all three units above grade (no garden unit) -One unit delivered vacant beginning August 1 - ideal for owner-occupants (Unit 1) -Full unfinished basement with duplex-down potential (subject to the buyer verifying zoning, requirements, and city approval) -Potential future ADU opportunity (subject to the buyer verifying zoning, requirements, and city approval) Forced-air heating systems (3) and Central A/C in unit 3 with the ability to AC to units 1 and 2 -Recent building upgrades include the roof sealing and exterior concrete/masonry work -Parking w/ 2 rear spots -Washer & Dryer in the basement Just moments from Palmer Square Park, the 606 Trail, Blue Line access, and Logan Square's renowned dining, shopping, and entertainment options. Additional features include generous basement storage and free street parking. The property offers multiple paths for future value creation and a legal three-flat like this building is rare to find.

See more

Multi-Family Active

Price

$ 849,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 12,409

Style

Year Built

1914

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12681448

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Tenant's Rights
Zoning MULTI
Construction Materials Brick Frame
Year Built 1914
Township Jefferson
Tax Year 2024
Ownership Fee Simple
Community Features Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 17
Status New
Directions Fullerton to Drake South on Drake to Palmer East on Palmer to 3517 W. Palmer
City Chicago
High School District 299
MLS Area CHI - Logan Square
Tax Annual Amount 12409.53
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
See more
Interior
Basement Unfinished Full
Total Bedrooms 8
Total Baths 3
Bedrooms Possible 8
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
See more
Exterior
Parking Features Off Alley Yes Owned
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 25X126
Lot Size Acres 0
Waterfront Y/N N
See more
* Excluded Features
List By
Gates And Gables Realty

Broker

katiembak@gmail.com; Kbak@gatesandgables.com

Email

Affordability Calculator

$6,262
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,227
Monthly Property Taxes
$1,034
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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/19/2026$849,000 Listed Price

Map


See all

3517 W Palmer Street, Chicago, IL, 60647 is a Multi-Family Home for sale at $849,000. 3517 W Palmer Street has 8 bedrooms, 3.0 baths, and was built in 1914. The property's zip code is 60647 which is in Chicago, IL