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    3544 W Douglas Blvd Chicago, IL 60623

    For Sale
    $800,000

    Residential Income - Chicago, IL

    Lot size:
    0.10 Acres
    Days on Market:
    75
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 3544 W Douglas Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    14
    APN
    16232080170000
    Parking
    4
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1921
    Architectural style
    Other

    Compass Real Estate

    Listing agent William Fisher (773) 466-7150 License #475171783

    Listing date Sep 30, 2025

    MLS# 12172286 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

    Rehabbed Residential Income Property

    This all-brick building, beautifully rehabbed in 2018, features three spacious 4 bed / 2 bath units and one well-appointed 2 bed / 1 bath unit. Each residence includes individual in-unit laundry, updated kitchens and baths, and generous living spaces ideal for tenants. Major improvements, including the roof and windows, were completed in 2018, ensuring long-term durability and minimal maintenance. The property is fully occupied and generating strong rental income, with significant potential to increase rents further over time. The lot size is 0.1 acres. This property presents a chance to acquire a stabilized asset with built-in upside in a competitive rental market. The property is located in Chicago, Illinois.
    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 Building Supply Clothing Store 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
    -87.7147079
    Latitude
    41.8632483

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    FAQs

    What type of property is this?
    Apartment building - All-brick building with strong rental income in Chicago.
    Where is this apartment building located?
    The property is located at 3544 W Douglas Blvd Chicago, IL.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Strong rental income with potential for rent increases.; - Fully occupied property, providing immediate cash flow.; - Rehabbed in 2018 with major improvements to roof and windows.
    (773) 466-7150
    Request Owner's contact information
    3544 W Douglas Blvd 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
    3544 W Douglas Blvd Chicago, IL 60623
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