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Gut-Renovated Triplex with Garage Studio
New
For Sale
$899,000

2939 N Hamlin Avenue, Chicago, IL 60618

Fully renovated three-unit property with modern systems, in-unit laundry, central AC, and outdoor gathering space.

Property SizeContact for details
Days on Market7

Property Features for 2939 N Hamlin Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype MULTI_FAMILY

Units

Unit Mix 1 x 5BR/3BA, 1 x 3BR/2BA, 1 x studio
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $9,679

Amenities

in-unit laundry
central AC
backyard
brick pizza oven

Building Details

Buildings 1
Listing Agency: Fulton Grace Realty
Listed By: Henry Lazerow
Source: Harkinsandassociates
Added: Aug 6 Changed: Aug 11 Last Checked: Aug 11 at 5:20AM

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 Fulton Grace Realty

Investment Insights

Based on property information with market context.

This three-unit residential income property has undergone a comprehensive renovation, including updated electrical and plumbing systems, furnaces, central AC, kitchens, flooring, and contemporary finishes. Each unit includes in-unit laundry. The property also features a garage studio with a chef’s kitchen, along with space for two cars behind the garage. All units are currently vacant, allowing a buyer to establish occupancy after closing.

Situated on an extra-large lot at 2939 N Hamlin Avenue in Chicago’s Avondale neighborhood, the property includes a large backyard and a brick pizza oven. The combination of renovated interiors, updated building systems, garage-related space, and outdoor amenities provides a practical configuration for residential income ownership.

Key Highlights

  • Three‑unit property with comprehensive interior and systems renovations
  • Updated electrical, plumbing, furnaces, central AC, kitchens, flooring, and finishes
  • In‑unit laundry included in every unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Nursing Home Home Appliance Store (Bike/Boat/Book/etc) Store Fish Market

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

Location Intelligence

Trade Area within ½ mile

1,914
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
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 - Fully renovated three-unit property with modern systems, in-unit laundry, central AC, and outdoor gathering space.
Where is this triplex located?
The property is located at 2939 N Hamlin Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Three‑unit property with comprehensive interior and systems renovations; Updated electrical, plumbing, furnaces, central AC, kitchens, flooring, and finishes; In‑unit laundry included in every unit
More about this property
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