Chicago, IL 60608,2702 W 24th ST
See all 10 photos
Chicago, IL 60608,2702 W 24th ST
Chicago, IL 60608,2702 W 24th ST
Chicago, IL 60608,2702 W 24th ST
Chicago, IL 60608,2702 W 24th ST

$600,000

Est. payment /mo

$599,000

0.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2702 W 24th ST Chicago, IL 60608

6,200 SqFt

SOLD DATE : 12/26/2025

Key Details

Sold Price $600,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 6,200 sqft

Price per Sqft $96

MLS Listing ID 12408436

Sold Date 12/26/25

Year Built 1908

Annual Tax Amount $10,260

Tax Year 2023

Lot Size 3,049 Sqft

Lot Dimensions 25 X 125

Property Sub-Type Multi Family 5+

Property Description

Discover an exceptional investment opportunity with this large 6-unit multifamily property, perfectly positioned for strong cash flow and growth. The front building features four spacious units, including two full-floor residences-a 4 bed/1 bath and a 3 bed/1 bath-alongside a 2 bed/1 bath and a 1 bed/1 bath unit on the second floor. A rear coach house adds two expansive 3 bed/1 bath full-floor units, complemented by a large attic for additional storage. Renovated in 2017, the property boasts updated kitchens, modern bathrooms, gleaming hardwood floors, central heat, and on-site laundry, ensuring tenant satisfaction and low maintenance. This property is a proven income generator, currently delivering excellent returns with significant upside potential. Rents are well below market rates, offering immediate opportunities to boost revenue with minimal effort. With a few strategic updates, this gem can easily achieve a 10+ cap rate, making it an ideal addition to any investor's portfolio. Don't miss your chance to own a turnkey multifamily asset with strong fundamentals and room for growth in a high-demand rental market.

Location

State IL

County Cook

Area Chi - South Lawndale

Zoning MULTI

Rooms

Basement Unfinished

Interior

Cooling None

Fireplace N

Building

Structure Type Brick

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Midwest Real Estate Data (MRED) IDX
Listed by Angelo Labriola of  Sperry Van Ness 
Bought with Kijja Tienchai of @properties Christie's International Real Estate
Laurie Field

Laurie Field

Real Estate Advisor

+1(312) 504-7010

GET MORE INFORMATION

Name
Phone*
Message