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4-Unit Quadplex with Basement Potential
For Sale
Contact for pricing
Pending

3237 N Keeler Ave, Chicago, IL 60641

Residential income property with renovation and first-floor expansion potential in Old Irving Park.

Property SizeContact for details
Days on Market142

Property Features for 3237 N Keeler Ave

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 4

Building Details

Buildings 1
Listing Agency: Kiser Group
Listed By: Danny Logarakis · License #IL
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 9:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kiser Group

Investment Insights

Based on property information with market context.

This four-unit residential property includes an opportunity to renovate the existing units and duplex the first-floor residences into the basement. The configuration supports potential expansion of the first-floor units, subject to applicable requirements and approvals.

The property is located in Chicago’s Old Irving Park neighborhood, near locally owned restaurants, shops, Kilbourn Park, Eris Brewery and Cider House, Old Irving Brewing Co., and Independence Park. Access to the Irving Park Blue Line and expressway provides connectivity to surrounding areas.

Key Highlights

  • Four‑unit residential income property
  • Opportunity to duplex first‑floor units into the basement
  • Renovation opportunity within the existing units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Acupuncture Hotel & Motel (Bike/Boat/Book/etc) Store Nursing Home

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,069
Businesses Nearby

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
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?
Quadplex - Residential income property with renovation and first-floor expansion potential in Old Irving Park.
Where is this quadplex located?
The property is located at 3237 N Keeler Ave Chicago, IL.
What are key features of this property?
This property features: Four‑unit residential income property; Opportunity to duplex first‑floor units into the basement; Renovation opportunity within the existing units
More about this property
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