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Rehabbed Bucktown 5-Unit Building
For Sale
Contact for pricing
Pending

2341 W Charleston, Chicago, IL 60647

Five apartments were comprehensively rehabbed in 2013, including new roof, plumbing, electrical, and in-unit modern upgrades.

Property SizeContact for details
Days on Market136

Property Features for 2341 W Charleston

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Jameson Commercial Real Estate
Listed By: John McGeown · License #IL 475134918
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 22 at 2:21PM

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 Jameson Commercial Real Estate

Investment Insights

Based on property information with market context.

This completely rehabbed five-unit apartment building was updated in 2013 and contains three 3-bedroom, 1-bath units and two 2-bedroom, 1-bath apartments. Unit finishes include custom espresso-stained oak hardwood flooring, fresh paint, new kitchens with quartz counters and maple cabinets, stainless steel appliances including dishwashers, and subway tile backsplashes. Bathrooms were fully remodeled with new tile and vanities. Each unit includes new HVAC systems with central heat and air conditioning. The building also features a new roof, new plumbing and electric, and shared laundry located in the basement.

The property is in Bucktown with easy access to the Blue Line and the expressway, and it is within walking distance to shopping, dining, and nightlife options. A 94 walk score is noted in the remarks.

Reported gross income is $9,225 per month based on the existing unit mix.

Key Highlights

  • Bucktown 5‑flat with five apartments: three 3 bed/1 bath and two 2 bed/1 bath units
  • Completely rehabbed in 2013 with new roof, plumbing, and electric
  • Monthly gross income of $9,225 from current unit rents, with upside

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Butcher Clothing & Fashion Store Fish Market Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,102
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five apartments were comprehensively rehabbed in 2013, including new roof, plumbing, electrical, and in-unit modern upgrades.
Where is this apartment building located?
The property is located at 2341 W Charleston Chicago, IL.
What are key features of this property?
This property features: Bucktown 5‑flat with five apartments: three 3 bed/1 bath and two 2 bed/1 bath units; Completely rehabbed in 2013 with new roof, plumbing, and electric; Monthly gross income of $9,225 from current unit rents, with upside
More about this property
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