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Listed by Tina Hollinsof Coldwell Banker Realty
$ 349,999
Est. payment | /mo
6 Beds
$ 349,999
Est. payment | /mo
6 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12704026
Style Greystone
Bedrooms 6
Year Built 1910
Annual Tax Amount $4,175
Tax Year 2024
Lot Dimensions 36X121
Property Sub-Type Two to Four Units
Property Description
Located at 3825 W Adams Street, just one block from Independence Boulevard and Chicago's historic Park Boulevard System, this 1910 multifamily property offers investors and owner-occupants a rare combination of cash flow, preserved character, and long-term upside. The building contains three separately metered residential units, allowing tenants to cover their own gas and electric and helping reduce the owner's utility expenses. Current rents are below market value, providing an opportunity to increase rental income over time as leases turn over and improvements are made.Built with the craftsmanship that defines Chicago's historic greystones, the property features a brick and limestone exterior, hand-carved stone detailing, a wrought iron gate, manicured front lawn, and covered stone portico with classical columns. Inside, each apartment retains much of its original 1910 character. Refinished hardwood floors extend throughout the units, while deep-set windows and bay windows bring in abundant natural light. The main living areas feature arched decorative fireplaces framed with white tile and flanked by built-in bookcases. Several rooms also include original stained-glass transom windows with jewel-toned detailing. The first-floor apartment offers additional features that are difficult to find in a building of this age, including a private foyer, covered deck off the kitchen, and an in-unit laundry closet with a stacked washer and dryer. A full unfinished basement with exterior access provides three separate storage rooms and a large amount of open space. The basement may offer future potential to duplex the first-floor unit or explore the creation of an additional dwelling unit. The location provides convenient access to the CTA Green Line, I-290 Eisenhower Expressway, downtown Chicago, and surrounding West Side neighborhoods. The property is also near the Garfield Park Conservatory, Garfield Park, local schools, neighborhood businesses, and Chicago's historic boulevard system. Whether you are an investor looking to expand your Chicago multifamily portfolio, an owner-occupant interested in living in one unit while renting the others, or a buyer seeking a value-add income property with original architectural character, 3825 W Adams Street offers multiple paths toward stronger future performance. Schedule your private tour now.
Location
State IL
County Cook
Community Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Unfinished, Exterior Entry, Walk-Up Access, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Roof Type Rubber
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick,Masonite,Stone
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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