2955 N Gresham Avenue Chicago, IL $ 700,000
2955 N Gresham Avenue
$ 700,000
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2955 N Gresham Avenue

Chicago, IL, 60618
$ 700,000
Bedrooms6 Baths3.0

Monthly Estimate*

$ 4,310

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Multi-Family Home for sale in Chicago, IL

for $700,000 with 6 bedrooms and 3 full baths. This home was built in 1887.

Logan Square / Avondale turnkey two-flat in a prime location. This well-maintained property features updated granite kitchens with stainless steel appliances, custom tile work, hardwood floors, 2017 renovations included plumbing, electrical, HVAC, and windows. The first-floor unit is a spacious 2 bed / 1 bath, recently renewed at $2,000/month with a lease secured through 5/31/2027, providing immediate stable income. The second-floor unit is an expansive 4 bed / 2 bath duplex-up with a large, versatile flex space, currently rented at $2,500/month with lease expiring 6/15/2026, offering future upside potential. Tenants pay their own electric, gas, and heat, minimizing owner expenses. The property also includes a generous backyard and a large garage. Ideal for investors or owner-occupants alike, this property is just a short walk to public transportation, including the Blue Line, and steps from the vibrant Milwaukee Avenue corridor with its restaurants, shops, and nightlife.

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Multi-Family Active

Price

$ 700,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 12,301

Style

Year Built

1887

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12627555

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Zoning MULTI
Garage Spaces 2
Construction Materials Frame
Year Built 1887
Township Jefferson
Tax Year 2024
Ownership Fee Simple
Gross Income 44400
County Cook
Net Operating Income 34253
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status New
Directions BELMONT TO KIMBALL SOUTH WEST ON BARRY TO GRESHAM.
City Chicago
High School District 299
MLS Area CHI - Avondale
Tax Annual Amount 12301.33
Virtual Tour https://real.vision/2955-north-gresham-avenue?o=u
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Crawl Space
Total Bedrooms 6
Total Baths 3
Bedrooms Possible 6
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 25 X 125
Waterfront Y/N N
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* Excluded Features
List By
Compass

Broker

christinecieri@yahoo.com; christine.jankelow@compass.com

Email

Affordability Calculator

$5,335
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,310
Monthly Property Taxes
$1,025
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.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2026$700,000 Listed Price

Map


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2955 N Gresham Avenue, Chicago, IL, 60618 is a Multi-Family Home for sale at $700,000. 2955 N Gresham Avenue has 6 bedrooms, 3.0 baths, and was built in 1887. The property's zip code is 60618 which is in Chicago, IL