1852 W Wabansia Avenue
Chicago, IL, 60622 $ 1,995,000
Bedrooms9 Baths0.0 Sq 4,827 Monthly Estimate*
$ 13,779
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.
See more
FeaturesGeneralCooling 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
See more
ExteriorBuilding Area Total 4827
Lot Dimensions 24 X 80
Frontage Type City Street
See more
* Excluded FeaturesList ByNiko@nikocollab.com;niko@essex312.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $644,451
Percent of Sale Price 68%
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.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/5/2026 | $1,995,000 | | Listed Price |