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Triplex Property with Detached Garage
For Sale
Under Contract
$239,900

2523 W 46TH Place, Chicago, IL 60632

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market54

Property Features for 2523 W 46TH Place

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 7, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 2
Parking 2
Parking features Garage
Fencing Fenced
Elementary school district 299
Middle school district 299
High school district 299
Directions WESTERN AVE TO 46TH PLACE WEST TO PROPERTY
Subdivision CHI - Brighton Park
Standard status Active Under Contract
APN 19014270210000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 2546

Utilities

Sewer type Public Sewer
Heating system Space Heater
Water source Public

Building Details

Year built 1908
Building materials Frame
Architectural style Cape Cod
Listing Agency: Real Broker, LLC
Listed By: Landon Kelly · License #475199429
Added: Jul 18 Changed: Sep 8 Last Checked: Sep 9 at 1:06AM
MLS# 12709317

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This frame-built triplex dates to 1908 and contains three residences with a combined seven bedrooms and three full bathrooms. The units offer living areas, functional kitchens with cabinetry, and flooring updated within the last three years, including vinyl plank and luxury vinyl plank materials. One bathroom has also received refreshed flooring and paint. Each residence has separate heating and window A/C units.

Property improvements include a roof approximately 5 years old, windows installed in 2009, and newer gutters. The site includes a fenced backyard and a detached 2-car garage. Public water and public sewer serve the property, while the Cape Cod design and clean, maintained interior and exterior finishes support its residential income configuration. The property is located near parks, schools, shopping, restaurants, public transportation, and major expressways.

Key Highlights

  • Three‑unit building with 7 bedrooms and 3 full bathrooms
  • Detached 2‑car garage and fenced backyard
  • Roof approximately 5 years old

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store Acupuncture

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

865
Businesses Nearby

Demographics for 60632, IL

92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Individual heating and window A/C units serve each residence, with public water and sewer service.
Where is this triplex located?
The property is located at 2523 W 46TH Place Chicago, IL.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Three‑unit building with 7 bedrooms and 3 full bathrooms; Detached 2‑car garage and fenced backyard; Roof approximately 5 years old
More about this property
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