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    248 W 26Th St Chicago, IL 60616

    New
    For Sale
    $1,200,000

    Commercial Sale - Chicago, IL

    Lot size:
    0.07 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 13 at 9:06 pm

    Property Features for 248 W 26Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    17282330260000
    Lot size
    0.07 Acres

    Building Details

    Year built
    1887
    Number of units
    6
    Architectural style
    Other

    Kale Realty (312) 939-5253 [email protected]

    Listing agent QianKun Chen (312) 939-5253 License #475171061

    Listing date Dec 12, 2025

    MLS# 12531788 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

    Chinatown 6-Unit Brick Building

    This four-story, 6-unit brick building is located in Chicago's Chinatown area. The property is fully occupied and offers a stable rental history and strong existing cash flow. Units feature updated interiors and central heating and cooling. A detached garage is included. The building is located steps from local shops, restaurants, public transportation, and major city amenities.
    Property Profile 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 Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6337369
    Latitude
    41.8457727

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained, fully occupied 6-unit building in Chicago's Chinatown.
    Where is this apartment building located?
    The property is located at 248 W 26Th St Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Strong existing cash flow with full occupancy and a stable rental history.; - Prime location in the heart of Chicago's Chinatown, steps from shops, restaurants, public transportation, and major city amenities.; - Well-maintained 6-unit brick building.
    (312) 939-5253
    Request Owner's contact information
    248 W 26Th St Chicago, IL 60616
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    Chicago, IL 60616
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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
    248 W 26Th St Chicago, IL 60616
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