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    1437 N Wicker Park Ave Chicago, IL 60622

    New
    Under Contract
    For Sale
    $1,289,000

    Residential Income - Chicago, IL

    Days on Market:
    5
    Last Refresh:
    Dec 7 at 12:06 am

    Property Features for 1437 N Wicker Park Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    APN
    17062080230000
    Parking
    3
    Exterior features
    Fencing
    Fencing
    Fenced

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1888
    Roof type
    Asphalt
    Architectural style
    Other

    Dream Town Realty (312) 265-8000 [email protected]

    Listing agent Karen Schwartz (312) 265-8000 License #475157300

    Listing date Dec 3, 2025

    MLS# 12525498 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wicker Park Income Property

    This income-producing 3-flat is located in the heart of Wicker Park, offering versatility and updates throughout. Situated directly across the street from Wicker Park, it provides easy access to the neighborhood's farmers market, seasonal events, green space, and walking paths. Milwaukee Avenue, with its restaurants, boutiques, nightlife, and convenient transit, is a short walk away. The building has seen significant updates, making it a turnkey investment. The roof was replaced in 2019, and Unit 3 underwent a full gut renovation in 2022, featuring new windows, modern finishes, updated appliances, and stylish design throughout. Mechanical systems have been substantially upgraded as well: new furnaces and AC condensers for Units 1 and 2 were installed in 2024, plus a new furnace and AC condenser for Unit 3 in 2022. All hot water heaters are newer. This building offers a blend of character, updates, and neighborhood convenience.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6754522
    Latitude
    41.9081016

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    FAQs

    What type of property is this?
    Apartment building - Rehabbed 3-flat in prime Wicker Park location.
    Where is this apartment building located?
    The property is located at 1437 N Wicker Park Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,289,000.
    What are key features of this property?
    This property features: - Prime Wicker Park location directly across from Wicker Park; - Income-producing 3-flat property, ideal for owner-occupancy or investment; - Unit 3 fully gut-renovated in 2022 with new windows, modern finishes, updated appliances, and stylish design
    (312) 265-8000
    Request Owner's contact information
    1437 N Wicker Park Ave Chicago, IL 60622
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    Chicago, IL 60622
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1437 N Wicker Park Ave Chicago, IL 60622
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