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Victorian Triplex Building
New
For Sale
$789,000

3933 N Ravenswood Avenue, Chicago, IL 60613

Three-unit property with conversion flexibility, updated building systems, and a detached-garage development option under zoning.

Property SizeContact for details
Lot Size0.06 Acres
Days on Market4

Property Features for 3933 N Ravenswood Avenue

General Information

Standard status Active
Lot size 0.06 Acres
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,009

Building Details

Year Built 1888
Buildings 1
Construction Victorian
Listing Agency: Berkshire Hathaway HomeServices Chicago
Listed By: Jeanie Bratschie
Source: Harkinsandassociates
Added: Sep 18 Changed: Sep 19 Last Checked: Sep 21 at 7:38AM

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 Berkshire Hathaway HomeServices Chicago

Investment Insights

Based on property information with market context.

Built in 1888, this Victorian triplex offers three residential units within a character-rich building. The property may be reconfigured as a single-family residence, retained as a rental, or occupied in one unit while the remaining units are rented. Recent improvements include a 2020 roof, 2025 gutters and downspouts, and a 2024 washer. The boiler is less than 10 years old, while the water heater is less than 5 years old.

The parcel measures 25 by 108 feet and is located at 3933 N Ravenswood Ave in Chicago, IL 60613. A garage can be built in accordance with zoning, adding another potential improvement to the property.

Key Highlights

  • Three residential units in an 1888 Victorian building
  • 25x108 lot
  • Roof replaced in 2020

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Food Market Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Nursing Home Fish Market

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

4,015
Businesses Nearby

Demographics for 60613, IL

53,048
Population
31,263
Households
1.7
Avg Household Size
34
Median Age
75%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
23,064
Density / Sq Mi
$91,351
Median Household Income
$68,713
Median Earnings
$1,616
Median Rent
$397,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - Three-unit property with conversion flexibility, updated building systems, and a detached-garage development option under zoning.
Where is this triplex located?
The property is located at 3933 N Ravenswood Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: Three residential units in an 1888 Victorian building; 25x108 lot; Roof replaced in 2020
More about this property
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