1640 N Linder Avenue
Chicago, IL, 60639 $ 440,000
Bedrooms4 Baths3.0 Monthly Estimate*
$ 2,709
for $440,000 with 4 bedrooms and 3 full baths. This home was built in 1925.
Exceptionally maintained brick two unit in Chicago's North Austin neighborhood, an area with strong rental demand and convenient access to major amenities. The property offers multiple income producing possibilities, a detached 2-car garage, and a finished nonconforming basement level for added flexibility. Permits will be required to legalize the 3rd unit in the basement. Recent improvements and key features include: recently refreshed back porch (2026), newer roof (2021), fully enclosed back/side privacy fencing, separate utilities, full electrical upgrade to 200amp service, two newer A/C condensers, newer 2-car garage with concrete pad providing additional parking for up to 4 cars, and turnkey units with beautiful hardwood floors, updated vinyl luxury flooring, and trending paint colors throughout. First Floor: Living Room, Dining Room, Kitchen, 2 Bedrooms, 1 Bath, plus a tandem room suitable for a walk-in closet with electrical panel for full control. Stable tenancy in place with lease expiring June 2026. Second Floor: Living Room, Dining Room, Kitchen, 2 Bedrooms, 1 Bath, plus a tandem room suitable for a den, nursery, or office. This unit will be delivered vacant for immediate occupancy or rental. Basement (Nonconforming): Finished space with 2 bonus rooms and 1 Bath. With proper city approvals, this level can be positioned for rental use. Permits will be required to legalize the 3rd unit. This property is also a strong candidate for FHA 203K or renovation style financing, offering buyers an opportunity to complete the required basement conversion or deconversion while building long-term value. This quality, owner cared for brick two unit is a solid option for owner occupants or investors seeking a building with strong income potential in a high demand area.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas Electric
Possession Closing Tenant's Rights
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1925
Township Jefferson
Tax Year 2023
Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 14
Status New
Directions E/W on North Avenue to Linder Avenue to 1640
City Chicago
High School District 299
MLS Area CHI - Austin
Tax Annual Amount 2924
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Finished Full Walk-Out Access
Total Bedrooms 4
Room Type Sitting Room
Total Baths 3
Bedrooms Possible 4
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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ExteriorParking Features Yes Garage Owned Detached Off Alley Side Apron Owned Garage
Water Source Public
Total Parking 6
Foundation Details Concrete Perimeter
Lot Dimensions 3750
Waterfront Y/N N
Other Equipment Ceiling Fan(s)
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
ericka.taylor@cbexchange.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,709
- Monthly Property Taxes
- $244
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 $617,040
Percent of Sale Price 40%
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.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/24/2026 | $440,000 | | Listed Price |