Bucktown 7-Unit Elevator Apartment
For Sale
$3,500,000
1748 W North Avenue, Chicago, IL 60622
Fully rented 7-unit building with commercial spaces in Bucktown.
Property SizeContact for details
Days on Market449
Property Features for 1748 W North Avenue
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$58,952
Building Details
Year Built
2011
Listing Agency:
@PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
(847) 962-7711
Listed By:
PASQUALE RECCHIA
Source:
Corcoran
Added: May 29, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
Investment Insights
Based on property information with market context.
This is a fully rented, seven-unit elevator apartment building located in Bucktown. The well-maintained building features condo-quality apartments and is suitable for investors seeking rental income. The building includes two commercial storefront spaces with long-term leases extending to 2028. The residential units each feature three bedrooms and two bathrooms, with custom kitchens that include granite countertops, stainless steel appliances, and custom cabinets that open to the living and dining areas. The primary bedrooms have ensuite bathrooms with double bowl stone countertops and separate showers. There are also large second and third bedrooms, along with an updated second bathroom. Hardwood floors are present throughout the units. Each unit has separate HVAC systems and in-unit washer and dryer, and tenants are responsible for their own utilities. The residential finishes are consistent across all units. Units 4W and 4E have interior stairs providing access to private roof decks. Unit 3 is a full-floor unit with large front and rear terrace spaces, featuring three bedrooms, two full baths, and a half bath. The primary bath in Unit 3 includes a double bowl sink, separate shower, and soaking tub. Unit 4W's photos and floor plan are representative of Unit 2W, while Units 2E and 4E mirror the layout of Unit 4W, just flipped. Unit 3 occupies the entire floor; see floor plan. High-end finishes are consistent throughout the building. Parking spaces are available at the rear of the building. The monthly gross income is $29,637.
Key Highlights
- Fully rented 7‑unit elevator building in Bucktown generating $29,637 monthly gross income.
- Two commercial storefronts with long‑term leases in place until 2028.
- All residential units are condo‑quality 3‑bedroom, 2‑bath apartments with high‑end finishes.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,072
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully rented 7-unit building with commercial spaces in Bucktown.
Where is this apartment building located?
The property is located at 1748 W North Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Fully rented 7‑unit elevator building in Bucktown generating $29,637 monthly gross income.; Two commercial storefronts with long‑term leases in place until 2028.; All residential units are condo‑quality 3‑bedroom, 2‑bath apartments with high‑end finishes.
