Search
3-Unit Residential Income Property
For Sale
$239,900
Pending

2523 West 46th Place, Chicago, IL 60632

Well-maintained 3-unit building with separate heating and window A/C units for each residence.

Property SizeContact for details
Days on Market55

Property Features for 2523 West 46th Place

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Two to Four Units / 2 Flat
Zoning MULTI

Site & Location

Highway Access Yes
Fenced Yard Yes
Utilities to Site Yes

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,546

Amenities

fenced backyard
detached 2-car garage
window A/C units

Building Details

Year Built 1908
Listing Agency: Real Broker, LLC
Listed By: Landon Kelly · License #475199429
Source: Compass
Added: Jul 17 Changed: Aug 8 Last Checked: Jul 24 at 2:11PM

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 Real Broker, LLC

Investment Insights

Based on property information with market context.

This well-maintained 3-unit residential income property features a total of 7 bedrooms and 3 full bathrooms. Interiors include updated flooring installed within the last three years, with vinyl plank or luxury vinyl plank flooring in the units. Kitchens provide functional layouts with ample cabinetry, and the bathrooms are clean and well-kept, including one recently refreshed with new flooring and paint.

The property includes a fenced backyard and a detached 2-car garage, with city water and sewer service. Building improvements include a roof approximately 5 years old, newer windows from 2009, and newer gutters. Separate heating and window A/C units serve each residence, supporting independent comfort and operation.

Additional practical benefits include clean mechanicals and a maintained exterior, helping support straightforward management for an owner or investor.

Key Highlights

  • Well‑maintained 3‑unit building built in 1908 with 7 bedrooms and 3 full bathrooms total
  • Each unit has separate heating and window A/C units
  • Updated flooring installed within the last 3 years, with vinyl plank or luxury vinyl plank flooring

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
Fenced yard
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Well-maintained 3-unit building with separate heating and window A/C units for each residence.
Where is this triplex located?
The property is located at 2523 West 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: Well‑maintained 3‑unit building built in 1908 with 7 bedrooms and 3 full bathrooms total; Each unit has separate heating and window A/C units; Updated flooring installed within the last 3 years, with vinyl plank or luxury vinyl plank flooring
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message