1707 N WASHTENAW Avenue, Chicago, IL

$1,000,000

Overview

  • 70477
  • Property ID
  • Updated On:
  • April 1, 2026
  • 8
  • Bedrooms
  • 4
  • Bathrooms

Description

Well-located legal 3-flat with four (4) 2BR/1BA units plus a separately leased private garage, offering immediate income with strong long-term upside. Situated just one block from The 606 and a short walk to the CTA Western Blue Line, with easy access to I-90/94-this is a highly desirable rental corridor with consistent tenant demand. All units feature functional, spacious layouts and are well-positioned for rent growth through light cosmetic updates. Rents are currently below market, presenting a clear value-add opportunity for investors seeking to increase cash flow. The property includes an upgraded, expansive, light-filled owner’s unit, ideal for an owner-occupant or premium rental. Additional income is generated from a privately leased garage at above-market rent, further enhancing overall returns. Excellent opportunity to acquire a stable asset in a prime West Town/Logan Square adjacent location with both in-place income and future upside.

Bathrooms
3+
Bedrooms
5+
Climate Control
Heating
Garden
Yes
Parking
Garage
Other Features
Detached
Frame
Garage Owned
Natural Gas
Other
Public

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$5,127.20
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 3,877.20

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Information for the property at 1707 N WASHTENAW Avenue, Chicago, IL, 60647 (Property ID: 70477) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi