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    1814 N Richmond St Chicago, IL 60647

    For Sale
    $850,000

    Residential Income, Contemporary - Chicago, IL

    Days on Market:
    15
    Last Refresh:
    Dec 8 at 3:06 pm

    Property Features for 1814 N Richmond St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    APN
    13363120320000
    Parking
    2

    Utilities

    Heating system
    Baseboard, Natural Gas

    Building Details

    Year built
    1890
    Architectural style
    Contemporary

    SPACE FINDER INC (312) 678-4000 [email protected]

    Listing agent Carlos Alers (312) 678-4000 License #471020318

    Listing date Nov 24, 2025

    MLS# 12518064 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

    Chicago Triplex Near 606 Trail

    Located steps from The 606 Trail and close to Logan Square, 1814 N. Richmond Ave is a three-unit building in Chicago, Illinois. The property is a full gut-rehab opportunity suitable for investors, developers, or buyers looking to design and rebuild in one of Chicago's fastest-growing neighborhoods. The structure includes three units plus a basement in-law suite with its own private entrance, offering future income potential once completed. The building is surrounded by new construction and redevelopment and features unobstructed rooftop views of the Downtown Chicago skyline. Situated near The 606, local dining, shopping, public transportation, and neighborhood amenities, this location offers rental demand and upside. This is a project for developers and BRRRR investors looking to create a high-equity asset in a prime Chicago location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7007185
    Latitude
    41.9143584

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    FAQs

    What type of property is this?
    Triplex - Three-unit building near The 606 Trail in Chicago.
    Where is this triplex located?
    The property is located at 1814 N Richmond St Chicago, IL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Prime location steps from The 606 Trail and close to Logan Square amenities.; - Full gut-rehab opportunity for investors, developers, or owner-occupants.; - Three units plus a basement in-law suite with private entrance, offering income potential.
    (312) 678-4000
    Request Owner's contact information
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    Chicago, IL 60647
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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
    1814 N Richmond St Chicago, IL 60647
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