42
See all 42 photos
$900,000
Est. payment /mo
8 Beds
4 Baths
Active Under Contract
1508 N Artesian AVE Chicago, IL 60622
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12520143
Style Greystone
Bedrooms 8
Year Built 1888
Annual Tax Amount $11,216
Tax Year 2023
Lot Dimensions 25x125
Property Sub-Type Two to Four Units
Property Description
Opportunity awaits just steps from Wicker Park, within the vibrant East Humboldt Park / West Town corridor. This income-producing 4-unit offers a balanced mix of updated apartments and future upside, with roughy 3 of the units already cosmetically improved. Recent renovations include modern kitchens with quartz countertops, stainless steel appliances, refreshed baths, updated flooring, and clean, neutral finishes that help drive strong rental demand. A major value-add opportunity exists for both investors and househackers: the front first-floor unit has the potential to duplex down into the basement. Structural groundwork: new concrete, drain tiles, and underground plumbing has already been completed, setting the stage for a spacious expanded unit that can significantly increase rental income or serve as a large owner's unit. Additional features include, separate utilities for all the units, basement laundry. Surrounded by Wicker Park, West Town, and Logan Square, this location continues to experience high rental demand and appreciation. Multiple nearby multi-family properties have recently sold at or well above this price point, making this an outstanding option for buyers seeking cash flow now with room to grow long-term value. Priced to sell. Sold AS IS. ***MULTIPLE OFFERS RECEIVED HIGHEST AND BEST DUE 8PM FRIDAY 11/28/25 ***
Location
State IL
County Cook
Area Chi - West Town
Rooms
Basement Unfinished, Exterior Entry, Full
Interior
Heating Natural Gas, Forced Air, Space Heater
Fireplace N
Exterior
Roof Type Flat
Building
Dwelling Type Two to Four Units
Building Description Stone, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Stone
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Edgar Zelaya of eXp Realty