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3548 W 15th Street Chicago, IL $ 1,600,000
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$ 1,600,000 Get more info
3548 W 15th Street
$ 1,600,000
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3548 W 15th Street

Chicago, IL, 60623
$ 1,600,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 11,051

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Multi-Family Home for sale in Chicago, IL

for $1,600,000 with 3 bedrooms. This home was built in 1909.

The subject property is 20 units comprised of seven (7) 1BD/1BA apartments and thirteen (13) 2BD/1BA apartments. The architecturally distinct property is situated at the prominent corner of Central Park Ave and 15th St. Each unit in the building has been outfitted with individual furnaces and has received updates like newer kitchen cabinetry. Investors have the opportunity to acquire a cash flowing asset with meaningful upside remaining in the rent roll. The subject property is located just south of the historic Douglas Blvd and three blocks north of the Central Park Pink Line CTA station, offering convenience to tenants.

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Multi-Family Active

Price

$ 1,600,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 25,054

Style

Year Built

1909

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12789869
Features
General
Year Built 1909
Stories Count 3
Tax Year 2025
Gross Income 226170
County Cook
Net Operating Income 138750
Operating Expense 21718
Insurance Expense 16617
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 7000
Status New
Directions Located at the corner of S Central Park Ave and W 15th St.
City Chicago
Number Of Units Total 17
MLS Area CHI - North Lawndale
Tax Annual Amount 25054
Electric Expense 1716
Fuel Expense 4255
Trash Expense 11643
Water Sewer Expense 1300
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 6250 SF
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* Excluded Features
List By
Flats, Llc

Broker

melissa13@aol.com

Email

Affordability Calculator

$13,139
Per Month
84%
16%
0%
Monthly Principal & Interest
$11,051
Monthly Property Taxes
$2,088
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
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Pricing History
DatePricePrice ChangeDescription
10/21/2026$1,600,000 Listed Price

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3548 W 15th Street, Chicago, IL, 60623 is a Multi-Family Home for sale at $1,600,000. 3548 W 15th Street has 3 bedrooms, 0.0 baths, and was built in 1909. The property's zip code is 60623 which is in Chicago, IL

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