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8-Unit Apartment Building with Digital Entry
For Sale
$2,610,000

1246 N Artesian Avenue, Chicago, IL 60622

MULTI_FAMILY - Chicago, IL

Property SizeContact for details
Days on Market51

Property Features for 1246 N Artesian Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 15
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 1, Bedroom 2, Bedroom 11, Bedroom 1, Bedroom 5, Bedroom 14, Bathroom 4, Bedroom 3, Bedroom 8, Bathroom 5, Bathroom 6, Bedroom 4, Bedroom 12, Bedroom 6, Bedroom 15, Bathroom 7, Bathroom 3, Bathroom 2, Bedroom 10, Bedroom 7, Bathroom 8, Bedroom 13, Bedroom 9
Directions Division St to Artesian Ave, north to property
Subdivision CHI - West Town
Standard status Active
APN 16012280220000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 21850

Amenities

secure digital entry systems

Building Details

Year built 1889
Floors in Building 3
Number of units 8
Listing Agency: Chicago Real Estate Resources
Listed By: Ian Luscombe · License #475167887
Added: Jun 22 Changed: Aug 1 Last Checked: Aug 11 at 8:06PM
MLS# 12682951

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.

1246 N Artesian Avenue presents a fully gut-renovated 8-unit multifamily building. The property features a predominantly 2-bedroom unit mix and includes secure digital entry systems. Renovations are described as top-to-bottom, delivering an updated interior designed for long-term durability.

Located in the West Town neighborhood on a quiet, tree-lined street, the building sits just off the Division Street corridor. The surrounding area includes dining, nightlife, and boutique retail, and the property offers seamless access to public transportation.

Built in 1889, this is an income-producing multifamily asset positioned in a high-demand rental area of Chicago.

Key Highlights

  • Fully gut‑renovated 8‑unit multifamily building at 1246 N Artesian Avenue
  • Predominantly 2‑bedroom unit mix
  • Secure digital entry systems

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Fish Market Accounting Firm Pet Grooming Service Butcher

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

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

4,412
Businesses Nearby

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Fully gut-renovated 8-unit apartment building with secure digital entry systems and predominantly 2-bedroom units.
Where is this apartment building located?
The property is located at 1246 N Artesian Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $2,610,000.
What are key features of this property?
This property features: Fully gut‑renovated 8‑unit multifamily building at 1246 N Artesian Avenue; Predominantly 2‑bedroom unit mix; Secure digital entry systems
More about this property
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