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2332 W Charleston St Chicago, IL 60647

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For Sale
$1,799,000

Six-unit property in vibrant Bucktown neighborhood with value-add potential.

Type:Multifamily
Added:
Jun 9, 2025
Days on Market:
297
Last Refresh:
Mar 19 at 9:00 pm

Property Features for 2332 W Charleston St

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1897

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Listing Contact
Matthew Fritzshall

Listing agent Matthew Fritzshall License #IL 471.016941

Listing office Triton Realty Group LLC

Listing date Jun 9, 2025

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 Triton Realty Group LLC


Overview

Bucktown Multifamily Property for Sale

Located in the heart of Chicago’s Bucktown neighborhood, this six-unit multifamily property features an attractive unit mix. The property includes a first-floor front unit duplexed into the basement and two third-floor units duplexed into the attic, offering larger layouts and unique living spaces. Select units feature in-unit stackable washers and dryers and private rear decks for the three rear apartments. Significant capital improvements have been made over the years, including new porches in 2019, gas-forced heat and air in select units, updated plumbing, and a well-maintained roof. The property provides immediate in-place income along with a path for value-add potential. An investor could achieve a 7.11% cap rate by updating the kitchens and bathrooms. The property is within walking distance of Bucktown’s premier retail, dining, and entertainment options along Damen Avenue and Milwaukee Avenue. Residents also have immediate access to the 606 Trail, as well as convenient proximity to the Damen CTA Blue Line Station and the Clybourn Metra Station, providing connectivity throughout Chicago. This property offers rental upside through interior updates and potential reconfiguration strategies.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6863948
Latitude
41.9200957

FAQs

What type of property is this?
Apartment building - Six-unit property in vibrant Bucktown neighborhood with value-add potential.
Where is this apartment building located?
The property is located at 2332 W Charleston St Chicago, IL.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Prime Bucktown location, walking distance to Damen and Milwaukee Avenue retail, dining, and entertainment.; Strong potential for increased cash‑on‑cash return by updating kitchens and bathrooms to achieve a 7.11% cap rate.; Unique unit mix with duplexed units offering larger layouts and living spaces.
More about this property
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