2955 N Gresham Avenue Chicago, Chicago, IL 60618

Building Details

Year Built

1887

Listing office Show Phone

Listing date Jul 1, 2026

Source Remaxadream

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 Brenda Valdez

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Overview

This turnkey two-flat offers two separate residences with a total income-oriented layout. The first-floor unit is a 2 bed, 1 bath home with updated granite kitchens and stainless steel appliances, along with hardwood floors and custom tile work. The second-floor unit is a 4 bed, 2 bath duplex-up featuring a large, versatile flex space. Renovations reported in 2017 include plumbing, electrical, HVAC, and windows, and the property is designed to be manageable for owners, with tenants paying their own electric, gas, and heat.

Situated at 2955 N Gresham Avenue in Chicago, the property is described as being in a prime Logan Square/Avondale area. Public remarks note a short walk to public transportation, including the Blue Line, and close access to the Milwaukee Avenue corridor with restaurants, shops, and nightlife.

For tenants, the home offers updated finishes and clear separation between units. For investors or owner-occupants, this setup provides two distinct rental homes with leases secured through 5/31/2027 on the first floor and 6/15/2026 on the second floor, plus practical outdoor and storage amenities including a generous backyard and a large garage. The combination of renovation history and existing rental occupancy supports an efficient path to ownership.

Suggested Use

Law Firm Skin Care Clinic Nursing Home Nursing Home Bed & Breakfast Fish Market Tech Support Center (Bike/Boat/Book/etc) Store Adult Day Care Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.7145921

Latitude

41.935537

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FAQs

What type of property is this?

Duplex - Turnkey two-flat with updated kitchens, hardwood floors, and multiple leases in place for income-minded owners.

Where is this duplex located?

The property is located at 2955 N Gresham Avenue Chicago Chicago, IL.

What is the asking price?

The asking price for this property is $700,000.

What are key features of this property?

This property features: Turnkey 2‑unit two‑flat built in 1887 with 6 bedrooms and 3 full baths; First‑floor 2 bed/1 bath leased at $2,000/month with lease secured through 5/31/2027; Second‑floor duplex‑up 4 bed/2 bath leased at $2,500/month with lease expiring 6/15/2026