1848 N Harding Avenue Chicago, IL 60647
3,224 sqft multi-family home in prime Chicago location.
- Added:
- Apr 11, 2026
- Days on Market:
- 93
- Last Refresh:
- Jul 4 at 7:03 am
Property Features for 1848 N Harding Avenue
General Information
- Standard status
- Active
- Size
- 3,224 SF
- Lot size
- 0.09 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1926
Listing office Kale Realty
Listing date Apr 11, 2026
Source Crexi
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 Kale Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in a desirable Chicago neighborhood.
- Well‑maintained, turn‑key multi‑unit property.
- Solid brick 2‑flat construction.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $94.8k | $29.40 |
| − Vacancy | −$4.9k | −$1.53 |
| EGI | $89.9k | $27.87 |
| − OpEx | −$40.4k | −$12.54 |
| NOI | $49.4k | $15.33 |
