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3245 W 23rd St, Chicago, IL, 60623
10-Unit Multifamily Building

3245 W 23rd St Chicago, IL 60623

For Sale
Contact for pricing
Pending

Ten-unit multifamily building with recently rehabbed units and below-market rents at 3245 W 23rd St.

Days on Market106

Property Features for 3245 W 23rd St

General Information

Standard status
Pending
Property subtype
Multifamily
Listing Agency: First Western Properties
Listed By: Paul Tsakiris · License #IL 471005153
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Jul 25 at 4:21AM

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 First Western Properties


Investment Insights

Based on property information with market context.

This 10-unit multifamily building offers a combination of recently rehabbed units and below-market rents. The property is positioned to provide income today, with an opportunity to adjust rents over time based on prevailing area rates, as described in the marketing remarks.

The building is located at 3245 W 23rd St in Chicago’s Little Village neighborhood, which the remarks describe as a community experiencing ongoing growth and development. Prospective buyers should verify current rent levels, unit conditions, and all operating details through their own due diligence.

As presented, the asset consists of 10 residential units within a single multifamily structure, making it a straightforward option for investors seeking a small-scale income-producing property with recent interior updates.

Key Highlights

  • 10‑unit multifamily building at 3245 W 23rd St
  • Recently rehabbed units
  • Below‑market rents compared to prevailing area rates

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Nursing Home Garden Center Hotel & Motel Nursing Home Skin Care Clinic Veterinary Clinic Pet Grooming Service

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

FAQs

What type of property is this?
Apartment building - Ten-unit multifamily building with recently rehabbed units and below-market rents at 3245 W 23rd St.
Where is this apartment building located?
The property is located at 3245 W 23rd St Chicago, IL.
What are key features of this property?
This property features: 10‑unit multifamily building at 3245 W 23rd St; Recently rehabbed units; Below‑market rents compared to prevailing area rates
(773) 355-4780 Call to check price and availability
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