Portage Park 2-4 Units For Sale
Address Search
Portage Park 2 Flats For Sale
Multi-family homes in Portage Park are among the top selling properties in Chicago’s Northwest side. With the average rental price of a 2 bedroom apartment currently at $1400/month it makes sense for buyers to buy a 2 flat and have someone else pay for part of the mortgage.
Many of today’s buyers in Portage Park are new families and millennials looking for a great and affordable neighborhood.
Portage Park 2 Flats, 3 Flats and 4 Flats
Portage Park two flats are the most common multi-family homes in the neighborhood. However, you will also find 3 flats and 4 flats but at lower numbers. Two flats are the most popular among new buyers and the larger apartment buildings are more popular with experienced homeowners and investors.
Portage Park Prices and Trends
Since the 2008 recession, prices have increased substantially in Portage Park and the uptrend will continue in 2019. In 2018 there were approximately 124 multifamily homes sold with an average sales price of $394,259. The average market time was 71 days for multifamily 2-4 units; however, properties priced right from the start usually sell within 30 days and typically sell for 96-97% of listing price.
Multifamily homes in Portage Park have appreciated an average of 9% every year in the last 5 years, making it one of the top performing markets in the Northwest side.
Apartment buildings located near the park are typically priced a bit higher because of their high demand.
Portage Park Location - Zip Code 60641
Portage Park is located in Chicago’s Northwest side approximately 5 miles southeast of O’Hare airport. Bordered by Lawrence Ave to the North, Belmont to the South, Cicero Ave to the East and Narragansett to the West, its location appeals to buyers due to its close proximity to the Northwest suburbs and a 20 minute drive to Chicago’s Loop. Surrounding neighborhoods include Jefferson Park, Belmont Cragin, Old Irving and Dunning.
Your Portage Park Multi-Family Real Estate Experts!
Whether you are buying or selling, we are here to serve our clients’ best interests. With over 16 years of experience selling multifamily real estate, in the Northwest side and North side, you can put your trust in us.
The source in Portage Park Multi-family real estate! Search all Multifamily homes for sale in Jefferson Park or Irving Park
Portage Park 2-Flats For Sale
Solid brick multi unit located in Portage Park. This location is minutes to the 90/94. Each unit features 2 beds plus a den. Property features: roof is 2 years old, ac f...
- 4 Beds
- 3 Baths
- MRD11307475 MLS
- NEW Status
Take a look at this massive Portage Park 2 unit with unlimited potential on a 175 ft. lot with an additional structure / storage that you can use for various uses! Each u...
- 7 Beds
- 4 Baths
- MRD11286785 MLS
- ACTIVE Status
Mixed Use Two Story Brick Building in Portage Park; close to six corners. Lots of new construction in the area. This is an ideal location for any business! First floor fe...
- 3 Beds
- 2 Baths
- MRD11279488 MLS
- ACTIVE Status
Lovely Large Victorian 2-flat on a TRIPLE LOT!!! Rare opportunity and endless possibilities with a lot this size! 75 x 125!!! Large building with large units, each havin...
- 5 Beds
- 2 Baths
- MRD11240859 MLS
- ACTIVE Status
This property consists of two 5 room apartments with 2 bedrooms, and one bath each. Rents are low due to long time tenants. NO leases at this time. Tenants pay...
- 4 Beds
- 2 Baths
- MRD11237345 MLS
- ACTIVE Status
Income Property that needs some TLC. This is a solid two unit building with separate utilities. A short walk to shopping and Portage Park makes this an easy rent. Spac...
- 3 Beds
- 2 Baths
- MRD11219461 MLS
- ACTIVE Status
Excellent Portage Park Location! 2 unit Building with 3rd Garden unit! Recently refinished maple floors. Let the tenants help pay your mortgage or have a great money maki...
- 6 Beds
- 3 Baths
- MRD11091342 MLS
- ACTIVE Status
ENORMOUS LOT! Double wide AND more than double LONG. Excellent opportunity to own a two unit building in a great location, with a huge lot. Existing building is fully occ...
- 3 Beds
- 2 Baths
- MRD11027997 MLS
- ACTIVE Status
GREAT LOCATION LARGE LEGAL 2-FLAT W/ FULL FIN BSMT W/3 EXTRA 2 BEDROOMS AND SUMMER KIT & BATH. 1ST & 2ND FLR HAVE SEPARATE fuL/R & D/R, NEEDS SOME TLC.
- 8 Beds
- 3 Baths
- MRD11013322 MLS
- ACTIVE Status
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2022 MRED LLC. All rights reserved.
Based on information submitted to the MRED as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Address Search
Interactive Map Search
