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Four-Unit Rental Property
For Sale
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3707 W Mclean Avenue, Chicago, IL 60647

Four residential units with updated kitchens and baths, newer separate electric, and hardwood or bamboo flooring.

Property SizeContact for details
Days on Market79

Property Features for 3707 W Mclean Avenue

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Built 1902
Listing Agency: ProCasa Realty, Ltd.
Listed By: Loyda Paredes · License #471006928
Source: Crexi
Added: Jun 8 Changed: Aug 8 Last Checked: Jul 23 at 11:38AM

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 ProCasa Realty, Ltd.

Investment Insights

Based on property information with market context.

This property is a legal four-unit rental (quadplex) featuring three units with updated kitchens and baths. Throughout the building, floors are described as hardwood or bamboo, supporting a consistent residential look across the units. The property also notes newer separate electric for each unit, giving tenants individual electrical service. One unit is further described as having central A/C.

The offering includes an adjacent vacant lot available for sale. The remarks indicate the vacant lot has its own PIN and can be sold as a package with the four-unit property or separately (MLS reference provided for the adjacent parcel). The presence of the adjacent lot may be of interest to owners looking to manage site considerations alongside the rental building.

For buyers seeking a small multifamily holding, the unit mix and described updates may support day-to-day rent readiness, with multiple units already reflecting kitchen and bath improvements. The property is reported to have stable tenants, and the remarks also cite low property taxes. If you want to pursue a combined strategy that includes the neighboring vacant lot, the package option can simplify planning for the combined site.

Key Highlights

  • Legal 4‑flat built in 1902 in Logan Square
  • Three units feature updated kitchens and baths
  • Hardwood or bamboo floors throughout the building

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Carpet & Flooring Store Nursing Home Skin Care Clinic Catering Service HVAC Service

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

2,110
Businesses Nearby

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

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?
Quadplex - Four residential units with updated kitchens and baths, newer separate electric, and hardwood or bamboo flooring.
Where is this quadplex located?
The property is located at 3707 W Mclean Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Legal 4‑flat built in 1902 in Logan Square; Three units feature updated kitchens and baths; Hardwood or bamboo floors throughout the building
(773) 304-1700 Call to check price and availability
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