Investor's Dream or Perfect House Hack Opportunity! Welcome to 940 N Leclaire, a solid brick building located in the heart of Chicago's Austin neighborhood. This property offers 2 legal units plus a fully finished basement, all currently occupied by reliable, on-time month-to-month tenants-a great source of immediate rental income. Whether you're an investor looking to expand your portfolio or a homeowner seeking to live in one unit while collecting rent from the others, this property checks all the boxes. Features include a detached garage, a spacious backyard, and tons of potential to add value over time. Sold as-is, this is a fantastic opportunity to secure a well-maintained income-generating property in a growing area.
Closed
$375,000
940 N Leclaire Ave, Chicago, IL 60651
4beds
--sqft
Multi Family
Built in 1922
-- sqft lot
$390,300 Zestimate®
$--/sqft
$2,505 Estimated rent
Home value
$390,300
$351,000 - $433,000
$2,505/mo
Zestimate® history
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List your homeWhat's special
Solid brick buildingFully finished basementDetached garageSpacious backyard
Zillow last checked:
Listing updated:
Listed by:
Patricio Tacuri 312-678-4076,
Internet Real Estate, LTD.
Bought with:
JC Gonzalez
Cloud Gate Realty LLC
Source: MRED as distributed by MLS GRID,MLS#: 12460003
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 3
Heating
- Radiator(s)
Features
- Basement: Finished,Exterior Entry,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,150 Square Feet
Details
- Parcel number: 16044160270000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $260,000
- Annual tax amount: $5,275
- Date on market: 9/5/2025
- Listing terms: VA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2025 | Sold | $375,000+2.7% |
Source:  MRED as distributed by MLS GRID #12460003 Report a problem | ||
| 9/16/2025 | Contingent | $365,000 |
Source: MRED as distributed by MLS GRID #12460003 Report a problem | ||
| 9/5/2025 | Listed for sale | $365,000+44.8% |
Source: MRED as distributed by MLS GRID #12460003 Report a problem | ||
| 9/20/2022 | Sold | $252,000-10% |
Source: MRED as distributed by MLS GRID #11404682 Report a problem | ||
| 8/29/2022 | Pending sale | $280,000 |
Source: MRED as distributed by MLS GRID #11404682 Report a problem | ||
| 8/5/2022 | Contingent | $280,000 |
Source: MRED as distributed by MLS GRID #11404682 Report a problem | ||
| 7/20/2022 | Price change | $280,000-6.4% |
Source: MRED as distributed by MLS GRID #11404682 Report a problem | ||
| 6/24/2022 | Listed for sale | $299,000 |
Source: MRED as distributed by MLS GRID #11404682 Report a problem | ||
| 6/14/2022 | Listing removed | $299,000 |
Source: MRED as distributed by MLS GRID #11404682 Report a problem | ||
| 5/15/2022 | Listed for sale | $299,000 |
Source: MRED as distributed by MLS GRID #11404682 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,224 -1% | $26,000 +4% |
| 2023 | $5,275 +36.1% | $24,999 |
| 2022 | $3,876 +1.4% | $24,999 |
| 2021 | $3,822 +86.8% | $24,999 +69.3% |
| 2020 | $2,046 -4% | $14,769 -12% |
| 2019 | $2,132 -35.7% | $16,784 |
| 2018 | $3,315 +88.4% | $16,784 -17.9% |
| 2017 | $1,760 -18.5% | $20,446 |
| 2016 | $2,159 +4% | $20,446 |
| 2015 | $2,075 +0.9% | $20,446 +19.6% |
| 2014 | $2,057 -0.4% | $17,096 |
| 2013 | $2,064 +6.8% | $17,096 |
| 2012 | $1,933 +10% | $17,096 -12.2% |
| 2011 | $1,757 +10.6% | $19,478 |
| 2010 | $1,589 +6.6% | $19,478 |
| 2009 | $1,491 -4.7% | $19,478 -18.6% |
| 2008 | $1,565 +2.4% | $23,925 |
| 2007 | $1,528 +1.6% | $23,925 |
| 2006 | $1,504 -40.4% | $23,925 +54.8% |
| 2005 | $2,525 +1% | $15,453 |
| 2004 | $2,500 +2.2% | $15,453 |
| 2003 | $2,445 +16.6% | $15,453 +32.4% |
| 2002 | $2,097 +3.7% | $11,672 |
| 2001 | $2,021 -6.5% | $11,672 |
| 2000 | $2,162 -0.7% | $11,672 +3.7% |
| 1999 | $2,176 | $11,252 |
Find assessor info on the county website
Neighborhood: South Austin
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Nearby schools
GreatSchools rating
- 4/10McNair School of ExcellenceGrades: PK-8Distance: 0.3 mi
- 1/10Orr Academy High SchoolGrades: 9-12Distance: 1.4 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
$390,300
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Estimated market value
$390,300
- Illinois
- Cook County
- Chicago
- 60651
- South Austin
- 940 N Leclaire Ave
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