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Renovated Apartment Building
For Sale
$2,610,000

1246 N Artesian Avenue, Chicago, IL 60622

Commercial Sale, Chicago, IL

Property SizeContact for details
Days on Market73

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 6, Bathroom 4, Bedroom 13, Bedroom 9, Bedroom 11, Bedroom 14, Bathroom 5, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 15, Bedroom 8, Bedroom 1, Bedroom 7, Bedroom 6, Bathroom 3, Bedroom 10, Bedroom 3, Bathroom 7, Bedroom 12, Bathroom 8
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

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 20 Last Checked: Sep 2 at 1:06AM
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.

This 8-unit apartment building at 1246 N Artesian Avenue was originally built in 1889 and has undergone a comprehensive renovation. The property includes predominantly two-bedroom apartments with updated layouts, contemporary finishes, and secure digital entry systems. The improvements provide a refreshed residential configuration across the building.

The property is situated on a quiet, tree-lined street in Chicago’s West Town neighborhood, just off the Division Street corridor. Dining, nightlife, and boutique retail are located nearby, while public transportation provides access to surrounding areas. The building combines an established structure with extensively updated apartment interiors in a well-connected urban setting.

Key Highlights

  • 8‑unit apartment building with predominantly 2‑bedroom apartments
  • Comprehensive renovation with updated layouts and modern finishes
  • Secure digital entry systems throughout the property

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 updated multifamily property with modern interiors, digital entry, and predominantly two-bedroom apartments.
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: 8‑unit apartment building with predominantly 2‑bedroom apartments; Comprehensive renovation with updated layouts and modern finishes; Secure digital entry systems throughout the property
More about this property
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