Renovated Triplex with
For Sale
Contact for pricing
Pending
3251 W Berteau Ave, Chicago, IL 60618
Three apartments offer varied layouts, updated interiors, dedicated laundry, and a detached garage in Chicago’s Irving Park area.
Property SizeContact for details
Days on Market144
Property Features for 3251 W Berteau Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Compass
Listed By:
Jacob Steinle · License #IL 475159025
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 4:21AM
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 Compass
Investment Insights
Based on property information with market context.
This three-unit residential income property at 3251 W Berteau Ave in Chicago was comprehensively renovated in 2016. The configuration includes a studio with one bathroom, a two-bedroom-plus-den simplex with one bathroom, and a three-bedroom-plus-den duplex-up with two bathrooms. Kitchens feature 42-inch shaker cabinets, granite counters, stainless steel Frigidaire appliances, and dishwashers. Bathrooms include floating vanities, ceramic tile, and updated fixtures. Electrical, plumbing, and HVAC systems were also updated.
The property occupies a 37-by-125-foot lot on a tree-lined street in Irving Park. Gas forced-air heat and central A/C serve the building. Laundry includes an in-unit setup in the top-floor apartment and a shared basement laundry room for the other two units. A detached three-car garage, backyard, and additional storage for the middle- and top-floor apartments add practical functionality. The property reports a 7.2% CAP rate and 12.6% cash-on-cash return.
The property occupies a 37-by-125-foot lot on a tree-lined street in Irving Park. Gas forced-air heat and central A/C serve the building. Laundry includes an in-unit setup in the top-floor apartment and a shared basement laundry room for the other two units. A detached three-car garage, backyard, and additional storage for the middle- and top-floor apartments add practical functionality. The property reports a 7.2% CAP rate and 12.6% cash-on-cash return.
Key Highlights
- Three‑unit layout: studio, 2 bed + den simplex, and 3 bed + den duplex‑up
- Comprehensively renovated in 2016 with updated electric, plumbing, and HVACs
- 37x125 lot in Chicago’s Irving Park area
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,100
Businesses Nearby
Explore this area
Business Placement
Demographics for 60618, IL
90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three apartments offer varied layouts, updated interiors, dedicated laundry, and a detached garage in Chicago’s Irving Park area.
Where is this triplex located?
The property is located at 3251 W Berteau Ave Chicago, IL.
What are key features of this property?
This property features: Three‑unit layout: studio, 2 bed + den simplex, and 3 bed + den duplex‑up; Comprehensively renovated in 2016 with updated electric, plumbing, and HVACs; 37x125 lot in Chicago’s Irving Park area
