Welcome home to a legal, 2-unit building situated on a quiet residential street and in an excellent neighborhood! This property is perfect for owner-occupants or investors! This property offers two strategies: a) you can rehab it and increase rents or b) you can tear it down and build a new multi-unit building. The lot features a perfect dimension measuring at 25 feet wide by 125.32 feet deep, and it is zoned RS-3. Presently, both units are occupied. The first floor unit is a 2-bedroom, 1-bathroom unit and it rents for $1,000 per month. The second floor unit is also a 2-bedroom, 1-bathroom unit and it rents for $900 per month. Both sets of tenants are on a month-to-month lease and all tenants are awesome. Easy to show. A 10!
Closed
$362,500
3723 W McLean Ave, Chicago, IL 60647
4beds
--sqft
Multi Family
Built in 1899
-- sqft lot
$-- Zestimate®
$--/sqft
$2,272 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,272/mo
Zestimate® history
Owner options
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$2,272/mo
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$2,272/mo
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$2,585/mo
Est. payment
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$2,585/mo
Est. payment
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List your homeWhat's special
Quiet residential street
Zillow last checked:
Listing updated:
Listed by:
Peter Drossos 773-593-5626,
Peter Drossos Real Estate
Bought with:
Neil Browne
Core Realty & Investments Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12553763
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Windows: Screens
- Basement: Unfinished,None,Full
Property
Features
- Fencing: Fenced
Lot
- Size: 3,133 Square Feet
- Dimensions: 25 X 125.32
Details
- Additional structures: None
- Parcel number: 13351270150000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: A-Frame
- Property subtype: Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1899
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Community
- Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $400,010
- Annual tax amount: $8,063
- Date on market: 1/23/2026
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Sold | $362,500-19.4% |
Source:  MRED as distributed by MLS GRID #12553763 Report a problem | ||
| 4/12/2026 | Contingent | $450,000 |
Source: MRED as distributed by MLS GRID #12553763 Report a problem | ||
| 1/23/2026 | Listed for sale | $450,000 |
Source: MRED as distributed by MLS GRID #12553763 Report a problem | ||
| 1/15/2026 | Listing removed | $450,000 |
Source: MRED as distributed by MLS GRID #12542982 Report a problem | ||
| 1/8/2026 | Listed for sale | $450,000 |
Source: MRED as distributed by MLS GRID #12542982 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $40,001 +60% |
| 2023 | $5,294 +2.6% | $25,003 |
| 2022 | $5,160 +2.3% | $25,003 |
| 2021 | $5,044 -0.2% | $25,003 +10.6% |
| 2020 | $5,056 -3.5% | $22,616 -13% |
| 2019 | $5,242 +2.1% | $25,996 |
| 2018 | $5,135 +16.4% | $25,996 +26.9% |
| 2017 | $4,412 +7.5% | $20,493 |
| 2016 | $4,105 +9.3% | $20,493 |
| 2015 | $3,755 +1.9% | $20,493 +3.1% |
| 2014 | $3,686 +2% | $19,868 |
| 2013 | $3,614 +1.4% | $19,868 |
| 2012 | $3,565 -11.1% | $19,868 -19.7% |
| 2011 | $4,011 -0.4% | $24,751 |
| 2010 | $4,028 +4.4% | $24,751 |
| 2009 | $3,860 -6.8% | $24,751 -14.2% |
| 2008 | $4,139 +1% | $28,853 |
| 2007 | $4,098 -1.1% | $28,853 |
| 2006 | $4,142 +17.7% | $28,853 +34% |
| 2005 | $3,518 +1% | $21,529 |
| 2004 | $3,482 +2.2% | $21,529 |
| 2003 | $3,407 +26.7% | $21,529 +43.8% |
| 2002 | $2,690 +3.8% | $14,971 |
| 2001 | $2,592 +17% | $14,971 |
| 2000 | $2,216 -0.7% | $14,971 +29.8% |
| 1999 | $2,231 | $11,533 |
Find assessor info on the county website
Neighborhood: Logan Square
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Nearby schools
GreatSchools rating
- 4/10Mcauliffe Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Kelvyn Park High SchoolGrades: 7-12Distance: 1 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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- Illinois
- Cook County
- Chicago
- 60647
- Logan Square
- 3723 W McLean Ave
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