2418 N Western Avenue Chicago, IL $ 900,000
2418 N Western Avenue
$ 900,000
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2418 N Western Avenue

Chicago, IL, 60647
$ 900,000
Bedrooms4 Baths4.0 Sq 3,800

Monthly Estimate*

$ 5,683

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Multi-Family Home for sale in Chicago, IL

for $900,000 with 4 bedrooms and 4 full baths. This 3,800 square foot home was built in 1880 on a lot size of 0.06.

2418 N Western Avenue is a well-configured four-unit property located in the heart of Bucktown. The property features three units in the front building plus a detached coach house in the rear, offering four separate 1-bedroom/1-bathroom units. Each unit is separately equipped with its own HVAC system, hot water tank, and electric panel. The property also features common-area laundry located in the basement of the rear coach house, along with one exterior parking space accessible from the alley. Rents are currently below market, providing meaningful upside for a new owner. The four units currently generate an average rent of $1,756 per month compared to an estimated market average of $2,300 per month. Unit 2F is currently in the process of moving out, creating an opportunity for an owner-occupant or investor seeking flexibility. Ideally situated at the convergence of Bucktown, Logan Square, and West Lakeview, 2418 N Western Avenue offers convenient access to the Western Blue Line station, expressway, and multiple bus routes. The property combines strong neighborhood connectivity with immediate rental upside and a flexible four-unit configuration.

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Multi-Family Active

Price

$ 900,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 18,752

Style

Lot Size

0.06

Year Built

1880

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12761589

Features
Exterior
Model 4-Flat
Parking Features Off Alley Off Street Alley Access Yes Owned
Water Source Lake Michigan Public
Total Parking 1
Foundation Details Brick/Mortar Concrete Perimeter Stone
Lot Dimensions 25x109
Lot Size Acres 0.06
Waterfront Y/N N
Other Equipment CO Detectors Multiple Water Heaters Water Heater-Gas
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General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing Negotiable
Roof Asphalt
Zoning MULTI
Architectural Style Other
Construction Materials Brick
Year Built 1880
Township West Chicago
Tax Year 2025
Ownership Fee Simple
Gross Income 85600
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
Net Operating Income 45665
Insurance Expense 4500
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 3000
Other Structures None
Total Rooms 20
Status New
Directions Kennedy Expressway (I-90/94) to Fullerton Ave (Exit 47A) head west on Fullerton Ave to Western Ave then turn left (south) on Western Ave to 2418 N Western Ave.
High School Clemente Community Academy Senio
City Chicago
High School District 299
MLS Area CHI - Logan Square
Elementary School Goethe Elementary School
Tax Annual Amount 18752
Electric Expense 750
Fuel Expense 1000
Middle/Junior High School Clemente Community Academy Senio
Trash Expense 0
Water Sewer Expense 2400
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 4
Room Type Enclosed Porch
Total Baths 4
Bedrooms Possible 4
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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* Excluded Features
List By
Essex 312, Llc

Broker

Niko@nikocollab.com;niko@essex312.com

Email

Affordability Calculator

$7,245
Per Month
78%
22%
0%
Monthly Principal & Interest
$5,683
Monthly Property Taxes
$1,563
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1539554 Elementary School
5564778 Middle School
Clemente Community Academy Senio High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2026$900,000 Listed Price

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2418 N Western Avenue, Chicago, IL, 60647 is a Multi-Family Home for sale at $900,000 with 3,800 sqft and a lot size of 0.06. 2418 N Western Avenue has 4 bedrooms, 4.0 baths, and was built in 1880. The property's zip code is 60647 which is in Chicago, IL