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    718 S Claremont Ave Chicago, IL 60612

    Under Contract
    For Sale
    $465,000

    Residential Income - Chicago, IL

    Days on Market:
    100
    Last Refresh:
    Dec 13 at 8:06 am

    Property Features for 718 S Claremont Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    17183040270000
    Parking
    1

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1888
    Architectural style
    Other

    Keller Williams Preferred Realty (708) 798-1111 [email protected]

    Listing agent Frank Montro (708) 798-1111 License #475128449

    Listing date Sep 5, 2025

    MLS# 12423859 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 Two-Unit Brick Building

    This is a two-unit, all-brick building located in the Medical District of Chicago. Each unit features four bedrooms and one bathroom, offering ample space. The property includes a parking pad situated in a fenced-in yard, accessible from the alley. The zoning is MULTI, allowing for multifamily use. The property is being sold as-is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Clothing Store Dental Office Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6853315
    Latitude
    41.8724726

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    FAQs

    What type of property is this?
    Duplex - Two-unit brick building in Chicago's Medical District with parking.
    Where is this duplex located?
    The property is located at 718 S Claremont Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $465,000.
    What are key features of this property?
    This property features: - Two-unit building, offering potential for rental income or multi-generational living.; - All-brick construction, suggesting durability and classic appeal.; - Located in the Medical District, providing convenient access to hospitals and related services.
    (708) 798-1111
    Request Owner's contact information
    718 S Claremont Ave Chicago, IL 60612
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    Chicago, IL 60612
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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
    718 S Claremont Ave Chicago, IL 60612
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