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    2408 S Trumbull Ave Chicago, IL 60623

    Sponsored
    For Sale
    $549,999

    MULTI_FAMILY - Chicago, IL

    Days on Market:
    24
    Last Refresh:
    Jan 9 at 1:06 pm

    Property Features for 2408 S Trumbull Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 6, Bathroom 1, Bathroom 3
    Bedrooms
    7
    Bathrooms
    3
    APN
    16262180240000
    Parking
    4
    Parking features
    Off Alley, Off Street, Owned, Assigned

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1902
    Building materials
    Brick

    Luna Realty Group (708) 268-3349 [email protected]

    Listing agent Karen Flores (773) 879-2110

    Listing date Dec 17, 2025

    MLS# 12531571 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

    Renovated Three-Unit Income Property

    This renovated legal three-unit property is located in the Little Village neighborhood. The property was updated in 2023 and features central heating. Each unit has its own new water heater and furnace. In-unit laundry is available in each unit. Unit 1 features two bedrooms and one bathroom, as does Unit 2. Unit 3 includes three bedrooms and one bathroom. Each unit also has an enclosed porch. A parking pad is located at the rear of the property. The property is currently leased with market rents, offering income-generating potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market 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
    -87.711575
    Latitude
    41.847742

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    FAQs

    What type of property is this?
    Triplex - Updated Little Village triplex with strong rental income potential.
    Where is this triplex located?
    The property is located at 2408 S Trumbull Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $549,999.
    What are key features of this property?
    This property features: - Legal 3-unit property in up-and-coming Little Village neighborhood.; - Updated in 2023 with new water heaters and furnaces in each unit.; - In-unit laundry for all 3 units.
    (773) 879-2110
    Request Owner's contact information
    2408 S Trumbull Ave Chicago, IL 60623
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    Chicago, IL 60623
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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
    2408 S Trumbull Ave Chicago, IL 60623
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