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$458,000
5 Beds 2 Baths 12607967 MLS CLOSED Status
Seize this rare opportunity to own a multi-unit property in the thriving heart of Chinatown-one of Chicago's most dynamic and rapidly growing neighborhoods! This versatile building offers two main units plus a finished basement unit, all equipped with central heating and cooling for year-round comfort. Sun-filled interiors and a 2-car garage add even more value to this exceptional offering. The property is currently occupied by long-term tenants, with rents priced far below market-creating immediate upside for the savvy investor. Whether you choose to renovate, reposition, or simply bring rents to market levels, the cash-flow potential is tremendous. Location is everything, and this one has it all: just steps from CTA transportation, restaurants, shops, parks, and banks, with unbeatable access to major highways. Convenience and demand in this area continue to rise. Additional Highlight: this property sits directly beside a large vacant lot poised for major future development in Chinatown. Owning next to a significant development site positions you perfectly to benefit from appreciation and increased neighborhood visibility. Opportunities like this are truly rare. Don't miss your chance to secure a high-potential multi-unit property in one of Chicago's most desirable and evolving communities!

318 W 24Th Place, Chicago

$850,000
3 Beds 1 Baths 12453898 MLS CLOSED Status
A rare chance to own a legal 3-unit property with coach house & 4-CarGarage in the heart of vibrant Chinatown. This long-term owner-occupied building has been well maintained and is zoned RT-4, offering excellent flexibility for both homeowners and investors. The front building features two spacious units, each with 2-3 bedrooms, a living room, kitchen, and bathroom. In the rear, you'll find a coach house unit sitting above a solid brick 4-car garage. Additional highlights include a full basement with laundry area and abundant storage space. Perfect for an owner-occupant who wants to live in one unit and collect rent from the others, or for investors seeking strong returns. With the growing demand in the area, this property also offers outstanding potential for short-term or mid-term rental strategies to maximize income above traditional leasing. Don't miss out on this unique opportunity to own a multifamily gem in the heart of Chinatown.

235 W 23Rd Street, Chicago



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