1707 N WASHTENAW Avenue Chicago IL 60647 MLS #MRD12562637

MLS #MRD12562637 image #0
Well-located legal 3-flat with four (4) 2BR/1BA units plus a separately leased private garage, offering immediate income with strong long-term upside. Situated just one block from The 606 and a short walk to the CTA Western Blue Line, with easy access to I-90/94-this is a highly desirable rental corridor with consistent tenant demand. All units feature functional, spacious layouts and are well-positioned for rent growth through light cosmetic updates. Rents are currently below market, presenting a clear value-add opportunity for investors seeking to increase cash flow. The property includes an upgraded, expansive, light-filled owner’s unit, ideal for an owner-occupant or premium rental. Additional income is generated from a privately leased garage at above-market rent, further enhancing overall returns. Excellent opportunity to acquire a stable asset in a prime West Town/Logan Square adjacent location with both in-place income and future upside.

Property Details

Price:
$1,000,000
MLS #:
MRD12562637
Status:
Active Under Contract
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chiwesttown
Listed Date:
Apr 1, 2026
Year Built:
1890
Chi – West TownChiwesttown

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Frame
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2

Financial

Tax Year
2023
Taxes
$12,103

Listing Agent & Office

Joseph Kotoch
Compass

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1707 N WASHTENAW Avenue
Chicago, IL