616 W Willow Street Chicago, IL $ 2,395,000
616 W Willow Street
$ 2,395,000
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616 W Willow Street

Chicago, IL, 60614
$ 2,395,000
Bedrooms5 Baths4.1

Monthly Estimate*

$ 16,542

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Multi-Family Home for sale in Chicago, IL

for $2,395,000 with 5 bedrooms and 4 full baths, 1 half bath.

This beautifully renovated Lincoln Park two-flat combines a stunning three-bedroom, two-and-a-half-bath owner's duplex-up residence with an attractive two-bedroom, one-bath first-floor apartment-all within the sought-after Lincoln Elementary School District. Live upstairs and help ownership costs with approximately $50,000 in potential annual rental income from 1st floor unit, use for extended family or a nanny, or retain both residences as an investment with projected combined rents of $12,000+ per month. The property also offers the opportunity for a future single-family conversion. The upper duplex has been thoughtfully transformed in 2026 with sophisticated finishes and custom details throughout. New bay windows overlook tree-lined Willow Street, while the home's generous interior width creates an unusually spacious feel. New 5-inch white oak floors anchor the main level. The beautifully designed kitchen features custom oak cabinetry with a sage-green island, Taj Mahal quartzite countertops, a marble backsplash, premium Sub-Zero and GE Monogram appliances, a spacious pantry closet, an adjoining dining room, and a coordinating dry bar with a wine fridge. A charming powder room features marble floors and a custom quartzite vanity. Upstairs, vaulted ceilings, skylights, and white oak floors enhance three bedrooms, two full baths, and a versatile loft ideal for a home office or sitting area. The gorgeous primary bath features limestone tile, Kohler Castia plumbing fixtures, a dual vanity, built-in cabinetry, and a skylight. Custom closet interiors throughout and a conveniently located upper-level laundry closet. A new wrought iron bridge connects the owner's residence to an impressive 20-by-18-foot garage rooftop deck with Trex decking and cedar privacy fencing-an inviting retreat for outdoor dining and entertaining. The first-floor unit features 2 beds 1 bath, a renovated kitchen and bath with classic finishes, along with updated lighting, and newly refinished floors and paint. Estimated rental income of $4,000-$4,500 per month adds meaningful value, with additional potential for short-term rental use subject to applicable licensing and approvals. Extensive building improvements in 2026 include new Hardie board siding, Marvin windows throughout, five new Veluxe skylights, new roofs on both the building and garage, 2 new hot water heaters, new landscaping and pavers in front and back and much more. A spacious two-car garage and full unfinished basement offers washer/dryer for 1st floor unit and additional storage for both units. Rental figures are projections. Agent owned interest.

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Multi-Family Active

Price

$ 2,395,000

Bedrooms

5

Full Bath

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 25,333

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12779848

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Township North Chicago
Tax Year 2025
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 11
Status New
Directions Larrabee to Willow West between Larrabee and Howe on North side of street
High School Lincoln Park High School
City Chicago
High School District 299
MLS Area CHI - Lincoln Park
Elementary School Lincoln Elementary School
Tax Annual Amount 25333.36
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 5
Room Type Loft
Total Baths 4
Bedrooms Possible 5
Bathroom Separate Shower Double Sink
Full Baths Building 3
Half Baths Building 1
Total Number of Units 2
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Exterior
Exterior Amenities Roof Deck
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 25X90
Waterfront Y/N N
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

sharonohara@atproperties.com

Email

Affordability Calculator

$18,653
Per Month
89%
11%
0%
Monthly Principal & Interest
$16,542
Monthly Property Taxes
$2,111
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
565530 Elementary School
566846 Middle School
Lincoln Park High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2026$2,395,000 Listed Price

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616 W Willow Street, Chicago, IL, 60614 is a Multi-Family Home for sale at $2,395,000. 616 W Willow Street has 5 bedrooms and 4.1 baths. The property's zip code is 60614 which is in Chicago, IL