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Updated Three-Unit Multifamily Building
For Sale
$799,000
Pending

2448 W Taylor Street, Chicago, IL 60612

Three residences offer central HVAC, private laundry, stainless steel appliances, and dedicated outdoor areas.

Property SizeContact for details
Days on Market21

Property Features for 2448 W Taylor Street

General Information

Standard status Pending
Property subtype MULTI_FAMILY

Taxes and HOA fees

Annual Taxes $11,090

Building Details

Year Built 1895
Listing Agency: Jameson Sotheby's Intl Realty
Listed By: Chris Gomes · License #475174045
Source: Harkinsandassociates
Added: Aug 13 Changed: Aug 30 Last Checked: Aug 30 at 4:59AM

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 Sotheby's Intl Realty

Investment Insights

Based on property information with market context.

This legal three-unit multifamily property was built in 1895 and includes a garden residence with three bedrooms, a first-floor two-bedroom residence, and a second-floor four-bedroom residence. Each unit has central HVAC, private laundry, stainless steel appliances, a dishwasher, and a garbage disposal. The building has received extensive recent work, including new electrical wiring throughout, replacement water heaters in Units B and 1, and a new A/C system for Unit 2. Unit 2 also has new flooring and a dishwasher, while all three residences have been freshly painted.

Exterior improvements include repairs and upgrades to the rear wall with new siding, structural support, plywood, moisture barrier, and insulation. The property includes a two-car garage with storage, fenced front and rear yards, a shared patio, and a new walkway from the alley entrance to the rear outdoor area. It is located near the Illinois Medical District, UIC, the Blue Line, I-290, Little Italy, Cinespace Studios, universities, hospitals, and employment centers.

Key Highlights

  • Three‑unit legal multifamily property with 3‑bedroom garden, 2‑bedroom first‑floor, and 4‑bedroom second‑floor residences
  • Built in 1895 with new electrical wiring throughout the building
  • Central HVAC, private laundry, stainless steel appliances, dishwashers, and garbage disposals in all units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Veterinary Clinic Pet Grooming Service Travel Agency

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

1,878
Businesses Nearby

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
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 - Three residences offer central HVAC, private laundry, stainless steel appliances, and dedicated outdoor areas.
Where is this triplex located?
The property is located at 2448 W Taylor Street Chicago, IL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Three‑unit legal multifamily property with 3‑bedroom garden, 2‑bedroom first‑floor, and 4‑bedroom second‑floor residences; Built in 1895 with new electrical wiring throughout the building; Central HVAC, private laundry, stainless steel appliances, dishwashers, and garbage disposals in all units
More about this property
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