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  • $1,127,000

    3245 W Division St, Chicago, IL 60651

    8beds
    --sqft
    Multi Family
    Built in 1915
    -- sqft lot
    $1,132,000 Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    $1,132,000

    $1.03M - $1.25M

    Not available

    Zestimate® history
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    What's special

    Oversized all-brick buildingFantastic private balconiesModern kitchens and bathsConduit electricalCopper plumbingEnclosed porchesThree-car parking pad on-site
    Ideally located just steps from Humboldt Park, this rare income property features an oversized all-brick building on an extra-wide and extra-deep 30 x 130 lot in one of Chicago's most dynamic neighborhoods, where rents are surging and investment momentum continues to accelerate. This fully leased investment property generates $107K in annual rent delivering strong, reliable cash flow from day one. All units have been extensively renovated within the last 2-7 years, featuring modern kitchens and baths, drywall, copper plumbing, and conduit electrical. Two front units boast fantastic private balconies, while two rear units feature enclosed porches that are ideal for additional storage or flexible living space. All four conforming, have separated utilities, gas forced-air heat, and central AC, & are fully leased. The garden unit is a value-add opportunity. Three-car parking pad on-site, with one space currently unrented allowing for easy additional income. Strong Cash Flow, Quality Bones, & Highly Renovated. This is a rare opportunity to own a high-performing asset in a corridor with genuine momentum, before the market catches up.

    Zillow last checked:

    Listing updated:

    Listed by:

    Greg Nagel, ABR 312-933-1432,

    Ask Nagel

    Bought with:

    Sarita Scherpereel

    Kale Realty

    Sarita Scherpereel

    Kale Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12735942MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Enclosed Porch
    Heating
    • Natural Gas, Forced Air
    Appliances
    • Included: Multiple Water Heaters
    Features
    • Basement: Partially Finished,Unfinished,Full

    Property

    Parking
    • Total spaces: 3
    • Parking features: Off Alley, Yes, Owned
    Features
    • Exterior features: Balcony
    Lot
    • Size: 3,920 Square Feet
    Details
    • Parcel number: 16024110020000
    • Zoning: MULTI
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $580,000
    • Annual tax amount: $10,136
    • Date on market: 8/18/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/23/2026Sold$1,127,000+7.3%
    Source: MRED as distributed by MLS GRID #12735942 Report a problem
    8/23/2026Contingent$1,050,000
    Source: MRED as distributed by MLS GRID #12735942 Report a problem
    8/18/2026Listed for sale$1,050,000+121.1%
    Source: MRED as distributed by MLS GRID #12735942 Report a problem
    7/9/2025Listing removed$950
    Source: Zillow Rentals Report a problem
    6/19/2025Listed for rent$950-28.3%
    Source: Zillow Rentals Report a problem
    12/3/2019Listing removed$1,325
    Source: TurboTenant Report a problem
    11/5/2019Listed for rent$1,325
    Source: TurboTenant Report a problem
    6/5/2017Sold$475,000+5.6%
    Source: MRED as distributed by MLS GRID #09401372 Report a problem
    3/22/2017Pending sale$450,000
    Source: Matthew A Fritzshall #09401372 Report a problem
    3/22/2017Listed for sale$450,000
    Source: Matthew A Fritzshall #09401372 Report a problem
    2/3/2017Listing removed$450,000
    Source: Matthew A Fritzshall #09401372 Report a problem
    1/5/2017Listed for sale$450,000+7.1%
    Source: Matthew A Fritzshall #09401372 Report a problem
    6/27/2006Sold$420,000-7.7%
    Source: Public Record Report a problem
    4/5/2006Sold$455,000+658.3%
    Source: Public Record Report a problem
    12/31/1998Sold$60,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$11,013 +2.4%$58,000 +14.2%
    2023$10,752 -6.7%$50,806 -9.3%
    2022$11,518 +2.3%$55,999
    2021$11,261 +80.9%$55,999 +100.5%
    2020$6,223 -22.4%$27,936 -30%
    2019$8,021 +1.7%$39,923
    2018$7,886 +64.2%$39,923 +79%
    2017$4,802 +7.5%$22,305
    2016$4,467 +9.3%$22,305
    2015$4,087 -3.4%$22,305 -2.2%
    2014$4,233 +2%$22,814
    2013$4,149 +1.4%$22,814
    2012$4,094 -14.6%$22,814 -22.9%
    2011$4,793 -0.4%$29,579
    2010$4,813 +4.4%$29,579
    2009$4,612 -18.7%$29,579 -25.2%
    2008$5,674 +1%$39,557
    2007$5,618 -1.1%$39,557
    2006$5,679 +34.5%$39,557 +53.1%
    2005$4,223 +1%$25,844
    2004$4,180 +2.2%$25,844
    2003$4,090 +54.8%$25,844 +75.7%
    2002$2,642 +194.3%$14,705 -8.8%
    2001$898 -47.6%$16,119 +210.9%
    2000$1,714 -18.9%$5,184 -52.5%
    1999$2,112 $10,922
    Find assessor info on the county website

    Neighborhood: Humboldt Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $1,132,000

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $1,132,000