318 W 24th Place, Chicago, IL 60616
Local realty services provided by:CENTURY 21 New Beginnings
318 W 24th Place,Chicago, IL 60616
$688,000
- 5 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: manching ng
Office: mango realty group
MLS#:12531212
Source:MLSNI
Price summary
- Price:$688,000
About this home
Seize this rare opportunity to own a multi-unit property in the thriving heart of Chinatown-one of Chicago's most dynamic and rapidly growing neighborhoods! This versatile building offers two main units plus a finished basement unit, all equipped with central heating and cooling for year-round comfort. Sun-filled interiors and a 2-car garage add even more value to this exceptional offering. The property is currently occupied by long-term tenants, with rents priced far below market-creating immediate upside for the savvy investor. Whether you choose to renovate, reposition, or simply bring rents to market levels, the cash-flow potential is tremendous. Location is everything, and this one has it all: just steps from CTA transportation, restaurants, shops, parks, and banks, with unbeatable access to major highways. Convenience and demand in this area continue to rise. Additional Highlight: this property sits directly beside a large vacant lot poised for major future development in Chinatown. Owning next to a significant development site positions you perfectly to benefit from appreciation and increased neighborhood visibility. Opportunities like this are truly rare. Don't miss your chance to secure a high-potential multi-unit property in one of Chicago's most desirable and evolving communities!...
Contact an agent
Home facts
- Year built:1890
- Listing ID #:12531212
- Added:94 day(s) ago
- Updated:March 15, 2026 at 10:58 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:14
- Basement:Yes
- Basement Description:Finished, Full
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1890
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$688,000
- Tax amount:$9,443 (2024)
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
New listings near 318 W 24th Place
- New
$225,000Active2 beds 2 baths1,002 sq. ft.6400 N Ridge Boulevard #402, Chicago, IL 60626
MLS# 12364624Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$25,000Active0 Acres738 S Karlov Avenue, Chicago, IL 60624
MLS# 12592377Listed by: REALISTIC REALTY LLC - New
$375,000Active9 beds 6 baths1116 S California Avenue, Chicago, IL 60612
MLS# 12591723Listed by: HOMESMART CONNECT LLC - New
$159,900Active-- beds 1 baths500 sq. ft.3149 W Wellington Avenue #1, Chicago, IL 60618
MLS# 12592661Listed by: DEVON REALTY, INC. - New
$59,000Active5 beds 2 baths519 W 66th Street, Chicago, IL 60621
MLS# 12592671Listed by: REAL BROKER, LLC - New
$705,000Active3 beds 3 baths1,516 sq. ft.2328 W Rice Street #2, Chicago, IL 60622
MLS# 12579760Listed by: KELLER WILLIAMS ONECHICAGO - New
$440,000Active2 beds 2 baths1,350 sq. ft.33 W Ontario Street #20A, Chicago, IL 60654
MLS# 12586935Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$260,000Active6 beds 2 baths66 E 100th Street, Chicago, IL 60628
MLS# 12592642Listed by: KELLER WILLIAMS INFINITY - New
$39,900Active0.06 Acres711 N Ridgeway Avenue, Chicago, IL 60624
MLS# 12592664Listed by: ADREANI REALTY INC - New
$389,900Active4 beds 3 baths3,230 sq. ft.3143 S Giles Avenue, Chicago, IL 60616
MLS# 12591764Listed by: PARKVUE REALTY CORPORATION