824 W Gunnison Street Chicago, IL $ 1,400,000
824 W Gunnison Street
$ 1,400,000
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824 W Gunnison Street

Chicago, IL, 60640
$ 1,400,000
Bedrooms8 Baths6.0

Monthly Estimate*

$ 8,840

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Multi-Family Home for sale in Chicago, IL

for $1,400,000 with 8 bedrooms and 6 full baths. This home was built in 1905.

Majestic, fully rehabbed brick 3-flat just steps from Margate Park and Lake Shore Drive. This beautifully maintained building features three spacious units, each with 2 baths and offering individual washers and dryers, gas-forced heat, central air conditioning, decorative fireplaces, oak hardwood floors, formal dining rooms, and both front and rear sunrooms. The property also includes a private backyard, side drive, and a full basement with abundant storage. The owner has a complete set of plans to convert the basement into a fourth apartment, creating an outstanding value-add opportunity. An exceptional investment or owner-occupant property in a prime lakefront location, close to parks, the lakefront trail, beaches, dining, shopping, and public transportation.Quiet one way street with permit parking.

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Multi-Family Active

Price

$ 1,400,000

Bedrooms

8

Full Bath

6

Property Type

Multi-Family

Taxes

$ 19,286

Style

Year Built

1905

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12697506

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Flat
Zoning MULTI
Construction Materials Brick Limestone
Year Built 1905
Township Lake View
Tax Year 2024
Ownership Fee Simple
Community Features Clubhouse Park Street Lights Street Paved
County Cook
Insurance Expense 7200
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 23
Status Active
Directions One block north of Lawrence west of Marine Drive.
City Chicago
High School District 299
MLS Area CHI - Uptown
Tax Annual Amount 19286
Fuel Expense 3001
Trash Expense 0
Water Sewer Expense 2732
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full Walk-Out Access
Total Bedrooms 8
Room Type Enclosed Porch Foyer Sun Room Utility Room-1st Floor
Total Baths 6
Bedrooms Possible 8
Full Baths Building 6
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Driveway Yes Owned
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 32 X 110
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

lora.perlman@cbrealty.com; loraperlman@gmail.com

Email

Affordability Calculator

$10,447
Per Month
85%
15%
0%
Monthly Principal & Interest
$8,840
Monthly Property Taxes
$1,607
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/7/2026$1,400,000 Listed Price

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824 W Gunnison Street, Chicago, IL, 60640 is a Multi-Family Home for sale at $1,400,000. 824 W Gunnison Street has 8 bedrooms, 6.0 baths, and was built in 1905. The property's zip code is 60640 which is in Chicago, IL