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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 886-4663

$ 750,000

Est. payment -/mo

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New

1840 W Huron ST Chicago, IL 60622

7 Beds

4 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12546634

Bedrooms 7

Annual Tax Amount $13,013

Tax Year 2024

Lot Dimensions 25X123

Property Sub-Type Two to Four Units

Property Description

Well-maintained brick 2-flat offering stable income, flexible investment appeal, and strong fundamentals in a highly desirable Ukrainian Village location. With character, functional layouts, and long-term leases in place, this property works for a wide range of buyers. Unit 1 is a spacious 4 bed, 2 bath duplex-down, renting for $2,850/month leased through 4/29/2027. Unit 2 is a 3 bed, 1.5 bath unit renting for $2,950/month leased through 6/30/2026.Total monthly income is $5,800, with tenants paying their own gas and electric. Water and trash removal average approximately $95/month. The property includes a shared basement laundry room with free washer and dryer for tenants (washer new in 2026, dryer approximately 2019), a shared brick paver patio, and a two-car garage with one space included per unit. Recent improvements include roof venting and flashing improvements (February 2025) Marvin windows installed on the first floor front of the building (September 2023). The building's charm, strong location, and efficient layouts make it easy to rent and appealing to traditional buy-and-hold investors, house hackers looking to occupy one unit, and short-term rental investors drawn to the area's demand and character. Additionally, the property is priced near land value for the neighborhood, creating potential appeal for developers or long-term redevelopment strategies, subject to buyer due diligence. A versatile, income-producing asset in a prime location with multiple exit strategies. Ideal for investors seeking stability today with optionality tomorrow. Listing agent has an ownership interest in the property.

Location

State IL

County Cook

Area Chi - West Town

Rooms

Basement Finished, Exterior Entry, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Michael Kelly of Compass

AFFORDABILITY CALCULATOR

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MY BLOGS

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slowly nearing college graduation and my older girls working hard in their careers, the days of simple life are taken over by group texts and long-distance daily check-ins. It's just not the same.

less is more, unless, it's for less.

Each day, I'd get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds frantically starring at the time ticking away. All ready but just need to ...find ....one matching sock.

Contact Us

Phone

+1(847) 886-4663

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL, 60005