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    206 N Leamington Ave Chicago, IL 60644

    For Sale
    $499,900

    Residential Income - Chicago, IL

    Days on Market:
    25
    Last Refresh:
    Dec 10 at 7:06 am

    Property Features for 206 N Leamington Ave

    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
    6
    APN
    16094060250000
    Parking
    4

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1906
    Architectural style
    Other

    Real People Realty (708) 634-0103 [email protected]

    Listing agent Keona Robinson (708) 634-0103 License #475201204

    Listing date Nov 16, 2025

    MLS# 12518828 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 Brick 2-Flat with Garden

    This property features a brick 2-flat with a garden unit, located in Chicago, IL. The building includes two spacious 2-bedroom units plus a sun room, along with a finished 2-bedroom garden apartment that features legal ceiling heights. The property is situated on a corner lot and includes a fenced yard and privacy landscaping. The property includes two separate PINS. Two of the units are currently occupied and income-producing, while one unit is move-in ready, offering an owner occupant opportunity. The location provides convenient access to the Metra, I-290, shops, and dining.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7543632
    Latitude
    41.884655

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    FAQs

    What type of property is this?
    Apartment building - Income-producing 2-flat with garden unit in prime Chicago location.
    Where is this apartment building located?
    The property is located at 206 N Leamington Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Income-producing property with two occupied units; - Move-in ready unit available for owner occupancy; - Finished 2BR garden apartment with legal ceiling heights
    (708) 634-0103
    Request Owner's contact information
    206 N Leamington Ave Chicago, IL 60644
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    Chicago, IL 60644
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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
    206 N Leamington Ave Chicago, IL 60644
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