**Exceptional House-Hack & Value-Add Multifamily Opportunity in Humboldt Park** This property presents a rare opportunity for an aspiring house-hacker or experienced investor to acquire a fully renovated multifamily asset with significant upside potential in a Humboldt Park market experiencing positive rent growth trends. The building features a **legal 4-unit configuration with two additional non-conforming units**, offering a unique opportunity to maximize income potential. Situated on an **oversized, lot-line-to-lot-line corner parcel directly across from a designated urban garden**, the property benefits from exceptional visibility, strong curb appeal, and desirable neighborhood positioning. All renovations have been completed in accordance with **City-approved plans and permits**, which are available in the additional property documentation. The completed improvements provide a turnkey foundation for an investor seeking immediate cash flow while retaining multiple avenues for future value creation. Current rents remain substantially below market, creating a clear path for future income growth through lease-up, turnover, and strategic repositioning. The two non-conforming units may provide additional upside through potential legalization under Chicago's ADU program, subject to buyer verification of zoning requirements, eligibility, and applicable City approvals. With renovated interiors, significant rental upside, flexible ownership strategies, and multiple paths to enhance value, this property represents a compelling opportunity for both owner-occupants and long-term multifamily investors.
33 days
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144
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11
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Zillow last checked:
Listing updated:
Listed by:
Jack Doyle773-305-4858,
Essex 312, LLC,
Quinn Evans224-244-3098,
Essex 312, LLC
Source: MRED as distributed by MLS GRID,MLS#: 12701545
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 5
Full bathrooms: 4
Heating
Natural Gas
Features
Basement: Partially Finished,Full
Property
Parking
Total spaces: 1
Parking features: Yes, Attached, Garage
Attached garage spaces: 1
Lot
Size: 3,276 Square Feet
Dimensions: 26 x 126
Details
Parcel number: 16032300240000
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Vinyl Siding, Brick
Condition
New construction: No
Year built: 1920
Major remodel year: 2017
Utilities & green energy
Sewer: Public Sewer
Water: Lake Michigan
Community & HOA
Location
Region: Chicago
Financial & listing details
Annual tax amount: $4,377
Date on market: 7/20/2026
Ownership: Fee Simple
Estimated market value
Zestimate®
$518,700
Estimated sales range
$493,000 - $545,000
Rent Zestimate®
$1,920/mo
Price history
Date
Event
Price
8/12/2026
Listed for sale
$524,900
Source: MRED as distributed by MLS GRID #12701545Report a problem
7/25/2026
Contingent
$524,900
Source: MRED as distributed by MLS GRID #12701545Report a problem
7/20/2026
Listed for sale
$524,900
Source: MRED as distributed by MLS GRID #12701545Report a problem
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.