Welcome home to a legal, 2-unit building situated on a quiet residential street and in an excellent neighborhood! This property is perfect for owner-occupants or investors! This property offers two strategies: a) you can rehab it and increase rents or b) you can tear it down and build a new multi-unit building. The lot features a perfect dimension measuring at 25 feet wide by 125.32 feet deep, and it is zoned RS-3. Presently, both units are occupied. The first floor unit is a 2-bedroom, 1-bathroom unit and it rents for $1,000 per month. The second floor unit is also a 2-bedroom, 1-bathroom unit and it rents for $900 per month. Both sets of tenants are on a month-to-month lease and all tenants are awesome. Easy to show. A 10!
Property Details
Price:
$450,000
MLS #:
MRD12553763
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Neighborhood:
chilogansquare
Listed Date:
Jan 23, 2026
Year Built:
1899
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Architectural Style
A-Frame
Community Features
Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Aluminum Siding, Vinyl Siding
Fencing
Fenced
Other Structures
None
Roof
Asphalt
Window Features
Screens
Financial
Tax Year
2024
Taxes
$8,064
Listing Agent & Office
Peter Drossos
Peter Drossos Real Estate
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Copyright 2026. All rights reserved.
3723 W McLean Avenue
Chicago, IL


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