3328 W Chicago Avenue, Chicago, IL 60651
Local realty services provided by:CENTURY 21 Affiliated
3328 W Chicago Avenue,Chicago, IL 60651
$450,000
- 5 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: david schatz, david schatz
Office: compass
MLS#:12794894
Source:MLSNI
Price summary
- Price:$450,000
About this home
Exceptional turnkey investment opportunity in West Humboldt Park! Situated along the Chicago Avenue commercial corridor, this substantially renovated three-unit property offers an outstanding opportunity for investors seeking a versatile income-producing asset in a neighborhood experiencing significant public and private reinvestment. Thoughtfully updated throughout, the property features three legal residential units, including a distinctive first-floor residence offering incredible live/work potential. This unique space showcases soaring 12-foot ceilings, exposed brick, and an expansive open floor plan that combines industrial character with modern functionality. The second and third floors each feature spacious two-bedroom, one-bathroom apartments, providing multiple residential rental income opportunities. Strategically located near the Hamlin, Homan, and Chicago Avenue corridor, the property is positioned within an area benefiting from Chicago's INVEST South/West initiative, which is focused on revitalizing neighborhood commercial corridors through residential development, commercial investment, and infrastructure improvements. Nearby redevelopment includes The Ave, a major mixed-use project bringing new residential housing, commercial space, and community amenities to Chicago Avenue. With substantial renovations already completed, a flexible three-unit configuration, and convenient access to public transportation, neighborhood businesses, and major thoroughfares, this property presents a compelling opportunity for investors seeking immediate rental potential and long-term ownership value. Whether expanding an existing portfolio or acquiring a versatile multi-unit investment, this is a rare opportunity to own a renovated asset along one of West Humboldt Park's targeted redevelopment corridors....
Contact an agent
Home facts
- Year built:1909
- Listing ID #:12794894
- Updated:October 27, 2026 at 02:39 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:9
- Basement Description:Full, Unfinished
Heating and cooling
- Heating:Gas
Structure and exterior
- Roof:Asphalt
- Year built:1909
- Lot Features:Corner Lot
- Foundation Description:Concrete Perimeter
Schools
- High school:Oak Lawn Comm High School
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$450,000
- Tax amount:$5,651 (2023)
Parking
- Total parking spaces:3
- Parking description:Off Alley
New listings near 3328 W Chicago Avenue
- New
$1,100,000Active9 beds 6 baths6029 S Prairie Avenue, Chicago, IL 60637
MLS# 12573452Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$244,900Active3 beds 2 baths1,200 sq. ft.6938 S Eberhart Avenue, Chicago, IL 60637
MLS# 12676134Listed by: RE/MAX 10 - New
$460,000Active6 beds 2 bathsAddress Withheld By Seller, Chicago, IL 60639
MLS# 12708548Listed by: KALE REALTY - New
$195,000Active-- beds 1 baths575 sq. ft.1255 N Sandburg Terrace #2305, Chicago, IL 60610
MLS# 12771018Listed by: COMPASS - New
$589,000Active3 beds 2 baths1,800 sq. ft.1005 W Buena Avenue #2E, Chicago, IL 60613
MLS# 12772678Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$324,900Active3 beds 2 baths1825 N Kildare Avenue, Chicago, IL 60639
MLS# 12779352Listed by: COLDWELL BANKER REALTY - New
$325,000Active2 beds 1 baths750 sq. ft.3809 N Ravenswood Avenue #2, Chicago, IL 60613
MLS# 12779749Listed by: COMPASS - New
$709,500Active4 beds 4 baths2,800 sq. ft.6209 S Ellis Avenue, Chicago, IL 60637
MLS# 12791673Listed by: BERKSHIRE HATHAWAY HOMESERVICES CHICAGO - Open Sat, 12 to 2pmNew
$325,000Active2 beds 2 baths5136 N Ashland Avenue #1, Chicago, IL 60640
MLS# 12791902Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$724,900Active11 beds 7 baths720 N Central Park Avenue, Chicago, IL 60624
MLS# 12792292Listed by: SELECT A FEE RE SYSTEM