235 W 23rd ST new

Chicago,IL 60616

$ 850000

3 Beds

1 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12453898

Bedrooms 3

Year Built 1889

Annual Tax Amount $5,408

Tax Year 2023

Property Sub-Type Two to Four Units

Property Description

A rare chance to own a legal 3-unit property with coach house & 4-CarGarage in the heart of vibrant Chinatown. This long-term owner-occupied building has been well maintained and is zoned RT-4, offering excellent flexibility for both homeowners and investors. The front building features two spacious units, each with 2-3 bedrooms, a living room, kitchen, and bathroom. In the rear, you'll find a coach house unit sitting above a solid brick 4-car garage. Additional highlights include a full basement with laundry area and abundant storage space. Perfect for an owner-occupant who wants to live in one unit and collect rent from the others, or for investors seeking strong returns. With the growing demand in the area, this property also offers outstanding potential for short-term or mid-term rental strategies to maximize income above traditional leasing. Don't miss out on this unique opportunity to own a multifamily gem in the heart of Chinatown.

Location

State IL

County Cook

Area Chi - Armour Square

Interior

Heating Natural Gas

Exterior

Garage Spaces 4.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 ,299, 299

Others

Special Listing Condition None

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