1852 W Wabansia Avenue Chicago, IL $ 1,995,000
1852 W Wabansia Avenue
$ 1,995,000
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1852 W Wabansia Avenue

Chicago, IL, 60622
$ 1,995,000
Bedrooms9 Baths0.0 Sq 4,827

Monthly Estimate*

$ 13,779

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Multi-Family Home for sale in Chicago, IL

for $1,995,000 with 9 bedrooms. This 4,827 square foot home was built in 1887.

Essex 312 has been exclusively engaged to market for sale 1852 W. Wabansia Ave., a six-unit apartment building in the heart of Bucktown, one of Chicago's most sought-after neighborhoods. Ideally situated just steps from the 606 Bloomingdale Trail and the iconic six-way intersection of Milwaukee, North, and Damen Avenues, the property offers residents exceptional access to Bucktown and Wicker Park's renowned restaurants, bars, nightlife, retail, and entertainment. The property is also conveniently located just 0.3 miles from the Damen & Milwaukee/North CTA Blue Line Station, and only 0.6 miles from the Kennedy Expressway, providing excellent transit and regional accessibility. Beyond its location, the building offers rare diversification, with six distinct unit types: one (1) studio, one (1) 1 Bed/1 Bath, one (1) 1 Bed/2 Bath duplex-down, one (1) 2 Bed/2 Bath duplex-down, one (1) 2 Bed/2 Bath duplex-up, and one (1) 3 Bed/2 Bath duplex-up. This mix appeals to a broad range of renters and reduces reliance on any one segment of the rental market, a level of diversification rarely found in a six-unit property. Every unit has in-unit laundry, and tenants pay their own gas and electricity. The well-maintained units offer a straightforward mark-to-market opportunity and strong income upside potential. The full Offering Memorandum, including the rent roll and operating statement, is available upon request.

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Multi-Family Active

Price

$ 1,995,000

Bedrooms

9

Property Type

Multi-Family

Taxes

$ 28,116

Style

Multi-Family

Year Built

1887

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12774904

Features
General
Cooling Central Individual
Possession Closing
Roof Composition Membrane
Association Fee Includes None
Construction Materials Brick
Year Built 1887
Electric Circuit Breakers Separate Meters
Stories Count 3
Township West Chicago
Tax Year 2025
Current Use Multi-Family
Gross Income 180744
County Cook
Net Operating Income 121719
Operating Expense 53530
Insurance Expense 3642
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 3000
Possible Use Multi-Family
Status New
Directions North Ave to Damen Ave North on Damen to Wabansia Ave East on Wabansia to 1852.
City Chicago
Number Of Units Total 6
MLS Area CHI - West Town
Tax Annual Amount 28116.11
Electric Expense 448
Fuel Expense 0
Trash Expense 2349
Water Sewer Expense 1813
Additional Parcels Y/N N
Standard Status Active
Cap Rate 6.1
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Interior
Total Fireplaces 0
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Exterior
Building Area Total 4827
Lot Dimensions 24 X 80
Frontage Type City Street
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* Excluded Features
List By
Essex 312, Llc

Broker

Niko@nikocollab.com;niko@essex312.com

Email

Affordability Calculator

$16,122
Per Month
85%
15%
0%
Monthly Principal & Interest
$13,779
Monthly Property Taxes
$2,343
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/5/2026$1,995,000 Listed Price

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1852 W Wabansia Avenue, Chicago, IL, 60622 is a Multi-Family Home for sale at $1,995,000 with 4,827 sqft. 1852 W Wabansia Avenue has 9 bedrooms, 0.0 baths, and was built in 1887. The property's zip code is 60622 which is in Chicago, IL