Bucktown Multifamily Property for
2332 W Charleston St, Chicago, IL 60647
Six-unit property in vibrant Bucktown neighborhood with value-add potential.
Type:Multifamily
- Added:
- Jun 9, 2025
- Days on Market:
- 345
- 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
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
HighLights
- 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.
- Convenient access to transportation, including the 606 Trail, Damen CTA Blue Line, and Clybourn Metra Station.
- In‑unit stackable washers and dryers (in select units) and private rear decks for three rear apartments.
- Significant capital improvements, including new porches (2019), updated plumbing, and a well‑maintained roof.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6863948
- Latitude
- 41.9200957
Nearby Similar for Sale
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.
