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Legal Three-Unit Corner Building

1755 N Kedvale Ave, Chicago, IL 60639

For Sale
$589,000

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

Property SizeContact for details
Days on Market51

Property Features for 1755 N Kedvale Ave

General Information

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

Site & Location

Neighborhood Hermosa
Utilities to Site Yes

Units

Unit Mix 3 x 2BR+den
Multifamily Units 3

Amenities

central air conditioning
laundry hookups

Building Details

Year Built 1925
Buildings 1
Listing Agency: Wirtz Real Estate Group Inc
Listed By: Northwest Suburban Real Estate
Source: Nwsrealestate
Added: Sep 18 Changed: Nov 6 Last Checked: Nov 6 at 8:01AM

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 Wirtz Real Estate Group Inc

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Investment Insights

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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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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
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Market

Properties on Market for Triplexes in Chicago

Jul
Aug
Sep
Oct

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 - 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
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