Legal 2-unit building (with 3rd unit in process unless buyer would rather leave as-is) in an appreciating corridor of Logan Square with significant cash flow in place. The building sits immediately west of Palmer Square and Kedzie Boulevard, with nearby new-build single-family homes under contract near $1.5 million. The existing rent roll comprises approximately $62,400 of annual revenue, representing an 11.9 gross revenue multiple on in-place income. Property recently appraised at $750,000. All units feature in-unit laundry. A brand-new plumbing stack has been completed for the entire building, and new siding was completed in November 2025
Closed
$675,000
3503 W Palmer St, Chicago, IL 60647
6beds
--sqft
Multi Family
Built in 1891
-- sqft lot
$685,400 Zestimate®
$--/sqft
$1,955 Estimated rent
Home value
$685,400
$617,000 - $761,000
$1,955/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listing courtesy of:
Aleksandar Videnovic 773-909-6656,
Compass
Bought with:
Dina Florina
Berkshire Hathaway HomeServices Starck Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12526436
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: None
Property
Parking
- Total spaces: 2
- Parking features: Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,049 sqft
- Dimensions: 25X126
Details
- Parcel number: 13352190140000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Condition
- New construction: No
- Year built: 1891
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2026 | Sold | $675,000+39.2% |
Source:  MRED as distributed by MLS GRID #12526436 Report a problem | ||
| 6/17/2019 | Sold | $485,000+4.3% |
Source: MRED as distributed by MLS GRID #10374221 Report a problem | ||
| 5/14/2019 | Pending sale | $465,000 |
Source: 33 Realty #10374221 Report a problem | ||
| 5/9/2019 | Listed for sale | $465,000+44.4% |
Source: 33 Realty #10374221 Report a problem | ||
| 12/8/2005 | Sold | $322,000+147.7% |
Source: Public Record Report a problem | ||
| 6/13/1997 | Sold | $130,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $50,000 +28.2% |
| 2023 | $8,259 +2.6% | $39,003 |
| 2022 | $8,050 +2.3% | $39,003 |
| 2021 | $7,869 +24.5% | $39,003 +38% |
| 2020 | $6,319 +7.8% | $28,265 -13% |
| 2019 | $5,860 +2.1% | $32,489 |
| 2018 | $5,739 +20.7% | $32,489 +27.6% |
| 2017 | $4,755 +3.4% | $25,466 |
| 2016 | $4,600 +9.9% | $25,466 |
| 2015 | $4,186 +31.5% | $25,466 +29.1% |
| 2014 | $3,182 +2.4% | $19,721 |
| 2013 | $3,108 +0.6% | $19,721 |
| 2012 | $3,091 -20.4% | $19,721 -24.1% |
| 2011 | $3,881 -1.2% | $25,970 |
| 2010 | $3,930 +13.3% | $25,970 |
| 2009 | $3,469 -26.7% | $25,970 -21.3% |
| 2008 | $4,732 +1% | $32,988 |
| 2007 | $4,685 -1.1% | $32,988 |
| 2006 | $4,736 +27.7% | $32,988 +45.4% |
| 2005 | $3,708 +1% | $22,695 |
| 2004 | $3,671 +2.2% | $22,695 |
| 2003 | $3,591 +29.4% | $22,695 +47% |
| 2002 | $2,775 +19.4% | $15,443 |
| 2001 | $2,324 +23.9% | $15,443 |
| 2000 | $1,876 0% | $15,443 +31.3% |
| 1999 | $1,876 | $11,764 |
Find assessor info on the county website
Neighborhood: Logan Square
Nearby schools
GreatSchools rating
- 5/10Mozart Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 1/10Kelvyn Park High SchoolGrades: 7-12Distance: 1.2 mi
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
$685,400
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$685,400
- Illinois
- Cook County
- Chicago
- 60647
- Logan Square
- 3503 W Palmer St
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