Brick Four-Flat with In-Unit
For Sale
$1,200,000
2040 W Charleston Street, Chicago, IL 60647
Four full-floor units with in-unit laundry and hardwood floors, supported by independently updated mechanicals and gated entry.
Days on Market12
Property Features for 2040 W Charleston Street
General Information
Standard status
Active
Total Parking Spaces
3
Property subtype
Multi-Unit (2-4)
Occupancy
100%
Additional Details
Highway Access
Yes
Multifamily Units
4
Amenities
gated entry
shared deck
Lot Size Acres: 0.05
Asphalt Roof
Sewer Type: Community
Total Taxes: $15,038, Tax Year: 2024, Percentage of Tax that is Deductable: 0
Forced Air Heating
Sale, Sale Type: Foreclosure
8 Bedrooms
Built in 1887, 16 Rooms
Property Township: West Chicago
Water Source: Other
Vinyl Siding
Building Details
Year Built
1887
Stories
4
Construction
brick
Tenancy
Multi
Listing Agency:
Doyle & Associates Realty
(309) 734-7253
Listed By:
Andrew Doyle
(309) 734-7253
Source:
Doyle-realty
Added: Jul 22
Changed: Jul 26
Last Checked: Aug 2 at 6:44AM
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 Doyle & Associates Realty
Investment Insights
Based on property information with market context.
This classic brick four-flat features four full-floor, two-bedroom, one-bath units with hardwood floors throughout and in-unit laundry. Mechanical systems are served separately for each unit, with updates including HVAC, electrical, and plumbing, and several systems replaced between 2019 and 2024. Unit 1F was fully remodeled in 2020. Building amenities include a gated entry, a shared deck, and two to three exterior parking spaces at the rear.
The property is located at 2040 W Charleston Street in Chicago’s Bucktown area, set on a quiet residential street surrounded by single-family homes. Nearby access points noted in the remarks include the 606 Trail, Walsh Playground, and Mariano’s within a short walk, with the Blue Line under a mile away and I-94 just blocks off.
The building is offered fully leased, with all four units occupied at market rents and income in place from day one, providing stabilized occupancy for a long-term hold strategy.
The property is located at 2040 W Charleston Street in Chicago’s Bucktown area, set on a quiet residential street surrounded by single-family homes. Nearby access points noted in the remarks include the 606 Trail, Walsh Playground, and Mariano’s within a short walk, with the Blue Line under a mile away and I-94 just blocks off.
The building is offered fully leased, with all four units occupied at market rents and income in place from day one, providing stabilized occupancy for a long-term hold strategy.
Key Highlights
- Built in 1887: classic brick four‑flat with four full‑floor 2BR/1BA units
- All four units are occupied at market rents (zero vacancy) with income in place
- Each unit has in‑unit laundry and hardwood floors
Property Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,375
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four full-floor units with in-unit laundry and hardwood floors, supported by independently updated mechanicals and gated entry.
Where is this quadplex located?
The property is located at 2040 W Charleston Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Built in 1887: classic brick four‑flat with four full‑floor 2BR/1BA units; All four units are occupied at market rents (zero vacancy) with income in place; Each unit has in‑unit laundry and hardwood floors
