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Three-Unit Multifamily Property
For Sale
$610,000
Pending

2434 W Cortland St, Chicago, IL 60647

Two apartments are leased, while the building is offered as-is for renovation.

Property SizeContact for details
Days on Market131

Property Features for 2434 W Cortland St

General Information

Standard status Pending
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence light updates

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 3

Building Details

Year Built 1890
Listing Agency: Compass
Listed By: Dino Hasapis
Source: Searchillinoishomesforsale
Added: Apr 25 Changed: Aug 30 Last Checked: Aug 30 at 2:55AM

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 Compass

Investment Insights

Based on property information with market context.

Located at 2434 W Cortland St in Chicago, this three-unit multifamily property presents a renovation-oriented ownership opportunity. Two units are currently rented, and the building is being sold as-is, allowing a future owner to determine the scope of improvements and repositioning.

The property sits near the Bloomingdale 606 Trail, the Western Blue Line CTA station, commuter rail lines, and I-290. The CTA station provides direct access to O'Hare Airport, while downtown Chicago, neighborhood parks, dining, nightlife, and other amenities are also nearby. Built in 1890, the property offers an established residential structure in the Bucktown and Logan Square area.

Key Highlights

  • Three‑unit multifamily property at 2434 W Cortland St, Chicago, IL 60647
  • Two of the three units are currently rented
  • Sold as‑is with renovation or repositioning potential

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Catering Service HVAC Service Clothing & Fashion Store Butcher

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

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,256
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?
Triplex - Two apartments are leased, while the building is offered as-is for renovation.
Where is this triplex located?
The property is located at 2434 W Cortland St Chicago, IL.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Three‑unit multifamily property at 2434 W Cortland St, Chicago, IL 60647; Two of the three units are currently rented; Sold as‑is with renovation or repositioning potential
More about this property
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