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West Bucktown Multifamily Property
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2423 W Mclean Avenue, Chicago, IL 60647

Charming 2-unit in prime West Bucktown location.

Property SizeContact for details
Lot Size0.08 Acres
Days on Market84

Property Features for 2423 W Mclean Avenue

General Information

Standard status Active
Lot size 0.08 Acres
Property subtype Multifamily
Zoning C1-1

Building Details

Year Built 1895
Listing Agency: Kale Realty
Listed By: Alex Liu
Source: Crexi
Added: May 18 Changed: Aug 8 Last Checked: Aug 8 at 3:06PM

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 Kale Realty

Investment Insights

Based on property information with market context.

This West Bucktown 2-unit property features historic brick charm and is situated on an oversized 27'x125' lot. The classic brick multifamily building blends timeless architectural character with long-term potential. The building has attractive arched windows, a masonry facade, and vintage curb appeal. Located in a desirable West Bucktown location, the property offers access to the CTA Blue Line, the 606 Trail, parks, cafes, restaurants, shops, and a future Trader Joe's grocery store. The property is suitable for an owner-occupant, investor, or a buyer looking to live in one unit and rent out the other. This 2-unit property may qualify for low down payment conventional financing, making it an attractive opportunity in a sought-after neighborhood.

Key Highlights

  • Highly desirable West Bucktown location with easy access to CTA Blue Line, 606 Trail, parks, cafes, restaurants, shops, and future Trader Joe's.
  • Rare 2‑unit property on an oversized 27'x125' lot.
  • May qualify for low down payment conventional financing, offering an attractive house‑hacking opportunity.

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

3,422
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Charming 2-unit in prime West Bucktown location.
Where is this duplex located?
The property is located at 2423 W Mclean Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Highly desirable West Bucktown location with easy access to CTA Blue Line, 606 Trail, parks, cafes, restaurants, shops, and future Trader Joe's.; Rare 2‑unit property on an oversized 27'x125' lot.; May qualify for low down payment conventional financing, offering an attractive house‑hacking opportunity.
(312) 939-5253 Call to check price and availability
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