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Brick Multifamily Property with Garage
For Sale
Under Contract
$499,900

3039 N Gresham Avenue, Chicago, IL 60618

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market47

Property Features for 3039 N Gresham Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Laundry Room, Basement, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Utility Room, Bathroom 3, Bedroom 1, Bedroom 3
Parking 2
Parking features Garage
Exterior features Balcony
Fencing Fenced
Basement Storage Space, Unfinished, Full, Concrete
Elementary school Reilly Elementary School
Middle school Reilly Elementary School
High school Schurz High School
Elementary school district 299
Middle school district 299
High school district 299
Directions On Gresham between W Barry and N Milwaukee
Subdivision CHI - Avondale
Standard status Active Under Contract
APN 13262150140000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10688

Utilities

Sewer type Public Sewer
Heating system Other (Heating)
Water source Public

Amenities

backyard

Building Details

Year built 1893
Building materials Brick
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Liz Jones
Added: Jul 8 Changed: Aug 20 Last Checked: Aug 23 at 4:06PM
MLS# 12676516

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Built in 1893, this brick multifamily property includes two primary residential units with comparable layouts featuring living and dining rooms, bedrooms, a den, kitchen, and bath. The upper residence extends into a finished attic level with an eat-in kitchen, additional bedroom, and bath identified as non-conforming. Original interior elements include checkerboard and hex tile, wood trim, crown molding, a bay window, cast iron radiators, and arched doorways. The kitchens and bathrooms remain in original condition, offering a renovation project with substantial existing character.

The property occupies a 0.07-acre lot with a fenced backyard, balcony, and two-car garage. Public water and public sewer serve the building. The location is near the Belmont Blue Line, with access toward the Loop and O'Hare, and close to restaurants and coffee shops in Avondale and Logan Square.

Key Highlights

  • Two‑unit brick multifamily property built in 1893
  • Finished attic level with non‑conforming unit, eat‑in kitchen, bedroom, and bath
  • 0.07‑acre lot with fenced backyard and two‑car garage

Property Analytics

Current Use

Corrib Electrical Contractors Electrical Service

Suggested Use

Top Pick Law Firm Skin Care Clinic Home Appliance Store (Bike/Boat/Book/etc) Store Nursing Home Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,888
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Vintage brick multifamily property with two-car garage and renovation potential.
Where is this multifamily property located?
The property is located at 3039 N Gresham Avenue 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: Two‑unit brick multifamily property built in 1893; Finished attic level with non‑conforming unit, eat‑in kitchen, bedroom, and bath; 0.07‑acre lot with fenced backyard and two‑car garage
More about this property
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