Bucktown Multifamily Property for
For Sale
Contact for pricing
Pending
2332 W Charleston St, Chicago, IL 60647
Six-unit property in vibrant Bucktown neighborhood with value-add potential.
Property SizeContact for details
Days on Market441
Property Features for 2332 W Charleston St
General Information
Standard status
Pending
Class
B
Property subtype
Multifamily
Zoning
RS-3
Occupancy
100%
Investment Type
Value Add
Building Details
Year Built
1897
Buildings
1
Stories
3
Units
6
Listing Agency:
Triton Realty Group LLC
(847) 624-6639
Listed By:
Matthew Fritzshall · License #IL 471.016941
Source:
Crexi
Added: Jun 9, 2025
Changed: Aug 8
Last Checked: Jul 24 at 5:50PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,102
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
Questions? Ask Rey
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Frequently Asked Questions
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.
