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Humboldt Park 5-Unit Building
For Sale
$1,175,000
Pending

3417 West Evergreen Avenue, Chicago, IL 60651

Well-maintained 5-unit building in Humboldt Park neighborhood.

Property SizeContact for details
Days on Market106

Property Features for 3417 West Evergreen Avenue

General Information

Standard status Pending
Property subtype Multi Family 5+ / Flats
Zoning COMMR
Net Operating Income $40,748

Taxes and HOA fees

Annual Taxes $11,149

Building Details

Year Built 1913
Stories 2
Listing Agency: North Clybourn Group, Inc.
Listed By: Rafael Nivar · License #471014595
Source: Compass
Added: May 18 Changed: Aug 8 Last Checked: Jul 24 at 1:15PM

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 North Clybourn Group, Inc.

Investment Insights

Based on property information with market context.

This is a legal 5-unit building located in the Humboldt Park neighborhood. The property has been under the same ownership for over 30 years and is described as being in impeccable condition, both inside and out. The units are spacious, each featuring a furnace and large bedrooms. The building has copper plumbing and conduit electrical systems. The property has attractive curb appeal and includes a 2-car garage and one exterior parking space. It is located within walking distance of Humboldt Park, grocery stores, restaurants, and cafes. The surrounding area features numerous new construction properties. Three of the five units are currently under month-to-month agreements, while the remaining two have leases ending on 7/31/26 and 5/31/27. A coin laundry and two non-conforming garden units provide additional income.

Key Highlights

  • Legal 5‑unit building in the highly popular Humboldt Park neighborhood.
  • Property is in impeccable condition, inside and out, with same owner for 30+ years.
  • Spacious units, each with its own furnace, large bedrooms, copper plumbing, and conduit electrical.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,154
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
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?
Apartment building - Well-maintained 5-unit building in Humboldt Park neighborhood.
Where is this apartment building located?
The property is located at 3417 West Evergreen Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Legal 5‑unit building in the highly popular Humboldt Park neighborhood.; Property is in impeccable condition, inside and out, with same owner for 30+ years.; Spacious units, each with its own furnace, large bedrooms, copper plumbing, and conduit electrical.
More about this property
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