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Brick Triplex
New
For Sale
$849,000

4538 N Artesian Avenue, Chicago, IL 60625

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.09 Acres
Days on Market3

Property Features for 4538 N Artesian Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 5, Bedroom 3, Basement, Bedroom 4, Bathroom 2, Bedroom 1
Parking 3
Parking features Owned, Assigned, Off Alley
Basement Partially Finished, Full
Elementary school Waters Elementary School
Elementary school district 299
Middle school district 299
High school district 299
Directions East on Wilson Ave. one block west of Western Ave. Just south of Wilson Ave.
Subdivision CHI - Lincoln Square
Standard status Active
APN 13132240230000
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12275

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

laundry room
fully enclosed back porch

Building Details

Year built 1915
Building materials Brick
Listing Agency: Baird & Warner
Listed By: Martha Turner · License #475178874
Added: Sep 30 Changed: Oct 1 Last Checked: Oct 2 at 7:06AM
MLS# 12770063

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1915 brick triplex contains two upper apartments and a garden-level apartment. Each residence has two window air conditioners, and the first- and second-floor units have enclosed rear porches. A basement laundry room serves the building. The property is offered in as-is condition, with the owner currently paying utilities.

The lot measures 30 by 125.3 feet and includes a backyard and three off-alley parking spaces. The Lawrence Avenue Brown Line station is two blocks away, and the property is in the Waters School district.

Key Highlights

  • Three apartments: two above grade and one garden‑level unit
  • 30 by 125.3‑foot lot with a backyard
  • Three off‑alley parking spaces

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Butcher Garden Center (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store Clothing & Fashion 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.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,500
Businesses Nearby

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - All three apartments are tenant-occupied, and basement laundry is included in the rent.
Where is this triplex located?
The property is located at 4538 N Artesian Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Three apartments: two above grade and one garden‑level unit; 30 by 125.3‑foot lot with a backyard; Three off‑alley parking spaces
More about this property
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