Updated
For Sale
$1,150,000
2947 W Cortland St, Chicago, IL 60647
Fully rented residential building with multiple updates and basement space that may support an additional unit.
Property SizeContact for details
Days on Market9
Property Features for 2947 W Cortland St
General Information
Standard status
Active
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
4
Building Details
Year Built
1880
Listing Agency:
Teko Realtor LLC
Listed By:
Mike Cho · License #471021892
(847) 650-8722
Source:
Illianahomesource
Added: Sep 9
Changed: Sep 14
Last Checked: Sep 16 at 9:27PM
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 Teko Realtor LLC
Investment Insights
Based on property information with market context.
This four-unit residential property was built in 1880 and is fully rented. The building has received multiple updates, while the basement offers potential for conversion into a fifth unit, subject to applicable approvals.
Located at 2947 W Cortland Street in Chicago’s Logan Square, the property sits within the Logan Square Historic District and near the 606 trail. Logan Square and Palmer Square amenities are also nearby.
Located at 2947 W Cortland Street in Chicago’s Logan Square, the property sits within the Logan Square Historic District and near the 606 trail. Logan Square and Palmer Square amenities are also nearby.
Key Highlights
- Four‑unit building that is fully rented
- Basement has potential for a fifth unit
- Multiple updates completed throughout the building
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,131
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully rented residential building with multiple updates and basement space that may support an additional unit.
Where is this quadplex located?
The property is located at 2947 W Cortland St Chicago, IL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Four‑unit building that is fully rented; Basement has potential for a fifth unit; Multiple updates completed throughout the building
