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Rehabilitated 3-Unit Triplex
New
For Sale
$1,589,000

1637 N Richmond Street, Chicago, IL 60647

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market2

Property Features for 1637 N Richmond Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 8, Bedroom 9, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 5, Basement, Bathroom 2, Bathroom 3, Bedroom 7, Bathroom 6
Parking 3
Parking features Open, Garage, Off Alley, Owned
Patio and Porch features Porch
Basement Full, Exterior Entry, Finished
Elementary school Moos Elementary School
Middle school Moos Elementary School
High school Clemente Community Academy Senio
Elementary school district 299
Middle school district 299
High school district 299
Directions Humboldt Blvd to Wabansia Ave, east to Richmond St, south to property
Subdivision CHI - West Town
Standard status Active
APN 13363290120000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10413

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Amenities

in-unit laundry
shared outdoor spaces

Building Details

Year built 1880
Building materials Fiber Cement
Listing Agency: Compass
Listed By: Julie Busby · License #475153702
Added: Oct 15 Changed: Oct 16 Last Checked: Oct 16 at 4:06PM
MLS# 12733206

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.

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Investment Insights

Based on property information with market context.

This three-residence Chicago triplex has been comprehensively renovated, with fiber cement siding, new windows, a drain tile system, and an excavated lower level. The apartments comprise a 2-bedroom, 2-bath garden unit, a 3-bedroom, 2-bath main-level residence, and a 4-bedroom, 2-bath duplex-up. Features include separate utilities, in-unit laundry in each residence, energy-recovery ventilators, and designer tile bathrooms. The upper residence also has zoned HVAC and skylights; the main-level unit includes a kitchen with quartz countertops and peninsula seating.

The property occupies a 31-foot-wide lot and includes two garage spaces and one exterior parking space. Shared outdoor areas include a gated front yard, side walkway, and rear yard. Logan Square is 1.5 blocks north, and the property is between The 606 and Humboldt Park, with access to neighborhood retail, restaurants, parks, trails, and expressways.

Key Highlights

  • Three residences: 2‑bedroom/2‑bath garden unit, 3‑bedroom/2‑bath main‑level unit, and 4‑bedroom/2‑bath duplex‑up
  • 31‑foot‑wide lot
  • Two garage spaces and one exterior space, with dedicated parking for each residence

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Nursing Home Pet Grooming Service Catering Service Fish Market (Bike/Boat/Book/etc) Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,868
Businesses Nearby

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Each residence has in-unit laundry and separate utilities, with a dedicated parking space for every unit.
Where is this triplex located?
The property is located at 1637 N Richmond Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,589,000.
What are key features of this property?
This property features: Three residences: 2‑bedroom/2‑bath garden unit, 3‑bedroom/2‑bath main‑level unit, and 4‑bedroom/2‑bath duplex‑up; 31‑foot‑wide lot; Two garage spaces and one exterior space, with dedicated parking for each residence
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