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Brick Quadplex with Basement Potential
New
For Sale
$425,000

849 N Parkside Avenue, Chicago, IL 60651

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market3

Property Features for 849 N Parkside Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 10
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 3, Bathroom 4, Bedroom 10, Bedroom 5, Bedroom 9, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 3, Basement, Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 8
Parking 2
Parking features Garage
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions Left on S Austin, Right onto W Chicago, Left onto Parkside - Property on the right
Subdivision CHI - Austin
Standard status Active
APN 16054310030000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7242

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1903
Building materials Brick
Listing Agency: Keller Williams Preferred Rlty · Keller Williams Realty
Listed By: Frank Montro · License #475128449
Added: Aug 26 Last Checked: Aug 28 at 2:06AM
MLS# 12743606

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 legal four-unit residential income property was built in 1903 with brick construction and includes two three-bedroom, one-bath units and two two-bedroom, one-bath units. Two units need minimal updating, while the remaining two require more extensive updating. The property includes a basement that could accommodate two additional units or a duplex-down configuration, subject to applicable requirements.

The building requires a new roof and exterior repairs. Natural gas heating, public sewer service, and garage parking are in place. The property is being offered in its current as-is, where-is condition.

Key Highlights

  • Legal four‑unit building with two 3bd/1ba units and two 2bd/1ba units
  • 0.14‑acre lot in Chicago, IL 60651
  • Basement may support two additional units or a duplex‑down configuration

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Dental Office (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.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,581
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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Legal four-unit property with varied unit layouts, a basement, garage parking, and public sewer service.
Where is this quadplex located?
The property is located at 849 N Parkside Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Legal four‑unit building with two 3bd/1ba units and two 2bd/1ba units; 0.14‑acre lot in Chicago, IL 60651; Basement may support two additional units or a duplex‑down configuration
More about this property
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