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Legal Three-Unit Corner Building
New
For Sale
$589,000

1755 N Kedvale Ave, Chicago, IL 60639

Three legal residences offer flexible layouts, individual utilities, central air, and multiple parking options.

Property SizeContact for details
Days on Market5

Property Features for 1755 N Kedvale Ave

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multi-Family

Units

Unit Mix 3 x 2BR+den
Multifamily Units 3

Additional Details

Utilities to Site Yes

Amenities

central air conditioning
laundry hookups

Building Details

Year Built 1925
Buildings 1
Listing Agency: Double R Realty LLC
Listed By: Northwest Suburban Real Estate
Source: Nwsrealestate
Added: Sep 18 Changed: Sep 21 Last Checked: Sep 21 at 6:37AM

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 Double R Realty LLC

Investment Insights

Based on property information with market context.

Built in 1925, this legal triplex presents three residential units, each configured with 2 bedrooms and a den. The additional den space can accommodate an office, sitting area, or other flexible use. Separate gas and electric meters serve each unit, while individual central air-conditioning systems and furnaces support independent operation. The mechanical systems are approximately 3 years old, and the roof is approximately 6 years old.

The corner property at 1755 N Kedvale Ave is situated between Chicago’s Hermosa and Humboldt Park neighborhoods. Parking includes a 2-car garage, an additional carport, and permit street parking. The garden-level residence sits only a few steps below grade, offers good ceiling height, and has nearby laundry hookups. The property is being sold as-is.

Key Highlights

  • Three legal units, each with 2 bedrooms plus a den
  • Separate gas and electric meters for each residence
  • Individual central air conditioning and furnaces approximately 3 years old

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture Nursing Home Carpet & Flooring 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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,441
Businesses Nearby

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Three legal residences offer flexible layouts, individual utilities, central air, and multiple parking options.
Where is this triplex located?
The property is located at 1755 N Kedvale Ave Chicago, IL.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Three legal units, each with 2 bedrooms plus a den; Separate gas and electric meters for each residence; Individual central air conditioning and furnaces approximately 3 years old
More about this property
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