West Town 2-Flats For Sale

West Town embodies the local, eclectic spirit of Chicago. Located west of the Loop, this area of the city contains a handful of smaller neighborhoods with their own character and attractions. West Town is the place to be for unique bars and restaurants, access to Chicago’s independent art galleries and shops, and the celebration of diversity and energy that define the city.

2 flats can be found for sale throughout West Town’s neighborhoods, whether in the tight-knit community of Ukrainian Village or along Chicago Avenue, one of the city’s best strips for dining and shopping. The average rent for a 2-bedroom unit is $2,322, and investing in a 2-flat provides owners with the opportunity to use this rental income from a second unit to offset mortgage costs.

West Town attracts both families and young professionals as buyers. With access to restaurants, unique bars, and nearby places to explore like Humboldt Park, the area has something for everyone. West Town is a 34-minute train ride via the CTA Green Line and only an 11-minute drive from the Loop via N. Damen Avenue and I-290 East. The CTA Blue Line also provides access from the north side of West Town to downtown, O’Hare International Airport, and western suburbs.

West Town multifamily properties: 2 Flats, 3 Flats, and 4 Flats

West Town also has 3 and 4 flats at a variety of price points. Whether you’re looking to buy a newly renovated building or invest in a fixer-upper that needs updating, these small multifamily homes provide great investment opportunities. With West Town’s central location on the Westside of the city and the many amenities offered throughout the area, apartment units are in high demand.

Your West Town Multi-Family Real Estate Experts!

Our team at Chicago Real Estate Source has over 16 years of experience representing buyers and sellers for multifamily properties in the Northwest and North sides of town. If you’re considering West Town for your next home or an investment property, we’re here to answer any questions and to help you start your search.

To see other great Chicago neighborhoods, check out multi-family properties in nearby Humboldt Park or Lincoln Park. You can also contact us or go to our blog to read more about homes here in Chicago.

Newest Listings

$999,999

7 Beds ⋅ 4 Baths ⋅ 12749567 MLS ⋅ NEW Status

Fantastic investment opportunity in highly sought-after Noble Square/East Village! This solid brick 4-flat offers a full basement with laundry, 2-car garage plus an additional parking pad, and four fully occupied units with month-to-month tenants. The property features one 1-bedroom/1-bath unit and three spacious 1-bedroom + den/1-bath units. Tenants pay their own utilities, with each unit featuring individual gas heat, window A/C units, and a dedicated hot water tank located in the basement. Currently 100% occupied with rents below market, offering excellent potential for increased rental income. Units have historically rented quickly, making this a great opportunity for investors looking to add a well-located, income-producing property to their portfolio!

1433 W Superior Street, Chicago

$1,199,999

8 Beds ⋅ 3 Baths ⋅ 12749625 MLS ⋅ NEW Status

FULLY rehabbed approximately two years ago and FULLY occupied, this turn-key 3-unit building sits on one of West Town's BEST blocks, surrounded by new construction and continued development. Each unit was thoughtfully updated with new flooring, appliances, cabinetry, countertops, HVAC systems (3), AC units (3), in-unit washers and dryers (3), dishwashers (2), windows, siding, closet organizers, and high-speed internet wiring, offering a modern, low-maintenance investment opportunity. Unit 1 is a spacious 3 bed + office, 1 bath leased for $3,040/month; Unit 2 is a large 3 bed, 1 bath leased for $2,800/month; and Unit 3 is a bright 2 bed, 1 bath leased for $2,750/month. Each tenant pays their own utilities and internet, helping keep ownership expenses streamlined. Each unit also enjoys HUGE private rear outdoor balcony. The backyard was recently redone and now features a new concrete parking pad along with a grassy yard, creating a clean, functional outdoor space for both residents and future owners. A prime investment opportunity in a rapidly growing area! Add this high-income, low-maintenance property to your portfolio! Also offers excellent future short-term rental potential once tenants vacate, subject to applicable regulations. Incredible location- close to shops, grocery, and restaurants all along chicago and Grand Av! Please provide at least a 48-hour notice required for showings.

1812 W Erie Street, Chicago

$849,900

2 Beds ⋅ 2 Baths ⋅ 12734110 MLS ⋅ ACTIVE Status

Located in the sought-after neighborhood of West Town and on a prime stretch of Grand Ave, this well-positioned 2-unit offers an excellent investment opportunity. The property combines timeless all brick construction with a desirable location and strong rental income potential. This property provides the opportunity for attractive cash flow, making it an ideal addition to an investor's portfolio or a great option for an owner occupant looking to help with their living expenses. The 1st flr. consists of a Living Rm, Kitchen, 2 Bedrooms and one full Bathroom and the 2nd flr unit has an oversized and updated Kitchen with a walk-in pantry (used to be a bedroom), 3 Bedrooms, a Living room and a new, full Bathroom. Both units have a separate furnace, water heater and electric box with 100 amp circuit breakers. The rear has an enclosed/covered deck, an open deck area, a patio and a carport/covered parking with a gated yard. Its prime location, solid construction & income producing potential make this property a must see!

1811 W Grand Avenue, Chicago

$829,000

6 Beds ⋅ 3 Baths ⋅ 12731932 MLS ⋅ ACTIVE Status

Investors, rehabbers, home owners, here is an opportunity in west town. Three units building, near shopping, transit, and just minutes to the loop. New construction all around. Property needs work AS-IS.

2214 W Erie Street, Chicago

$780,000

3 Beds ⋅ 2 Baths ⋅ 12723830 MLS ⋅ ACTIVE Status

West Town development opportunity! One of two side by side lots available for purchase separately or together. 2050 W Grand is a frame two unit- currently rented month to month and 2048 is a former urban garden now vacant and ready for highest and best use! Both lots are zoned B2B allowing for development of 2-4 unit residential, commercial, mixed use, multi family or single family properties. Lots are 24 x 92 and are centrally located at Grand and Hoyne with a bus stop right out front and close proximity to the heart of Ukrainian Village, United Center development and the West Loop. This is your chance to acquire land in the booming Grand Ave corridor. Adjacent mixed use property at 2054 W Grand also available for $3.25M giving you 5 total parcels.

2050 W Grand Avenue, Chicago

$499,900

6 Beds ⋅ 2 Baths ⋅ 12721831 MLS ⋅ ACTIVE Status

THIS BRICK 2 UNIT LOCATED IN CHICAGO'S DESIRABLE WEST TOWN NEIGHBORHOOD IS IN NEED OF REHAB. THIS IS YOUR CHANCE TO REHAB OR TEAR DOWN AND REBUILD. ESTATE SALE BEING SOLD IN "AS IS" CONDITION.

2318 W Grand Avenue, Chicago

$2,150,000

6 Beds ⋅ 6 Baths ⋅ 12719505 MLS ⋅ ACTIVE Status

Beautiful historic brick 3 unit In Fulton Market's HOT West Loop. This rare three-unit luxury rental structure is exactly in the path of new developments. No money was spared and fully rehabilitated in 2016. Three brand-new, identical apartments that have been completely remodeled with premium finishes and appliances. Sleek two-bedroom, two-bathroom apartments with the same layout. Kohler kitchen and bathroom fixtures, Bosch appliances, wine refrigerators, and quartz worktops. Each unit has lots of closet space, Hunter Douglas blinds, and wide plank wood floors. Each apartment has a quad screen security system, two fireplaces, an in-unit washing and dryer, high-efficiency water heaters, and large Trex decks with gas hookups. Like new historic brick structure with fiberglass insulation in the walls and ceiling, R11 quiet zone walls, new plumbing, electric, new roof, & more. 2 car garage. Roof is ready for a roof deck or whatever the next owner desires! Accessible to multiple CTA transportation lines & highways as well as all the restaurants, bars & shops the West Loop is famous for! Less than a block to three Michelin Starred Restaurants and others in the world class culinary Fulton Market District. Less than half a mile to the proposed United Center Entertainment Campus! Also, in the top-rated Skinner school district. The property's location is further enhanced by surrounding major developments like the Fulton Park Campus, luxury condo towers at 1325 W Fulton, and residential towers at 1200 W Fulton, as well as steps from the up-and-coming luxury condo development The Fulton Bond, placing it in one of Chicago's fastest-growing investment areas. Perfect for investors looking to expand their portfolio or owner-occupied buyer

1420 W Fulton Street, Chicago

$999,999

5 Beds ⋅ 3 Baths ⋅ 12708574 MLS ⋅ ACTIVE Status

Turnkey 3-unit rental in one of Chicago's most walkable neighborhoods. Each unit is fully equipped with central A/C, stainless dishwashers, and individual utilities-no shared systems, no landlord headaches. Three generously sized 2BR/1BA apartments (~900 sq ft each), plus zoning for a 4th ADU above the garage. Steps to Bickerdike Square Park, restaurants, CTA access, and downtown. Ideal for owner-operators or portfolio investors seeking stable cash flow.

1354 W Ohio Street, Chicago

$969,900

9 Beds ⋅ 3 Baths ⋅ 12700491 MLS ⋅ ACTIVE Status

Prime East Ukrainian Village! Solid Brick 3 Flat with oversized Cinderblock 2 Car garage. Each unit with 3 bedrooms per unit, Livingroom ,Diningroom,1 bathroom & central air. Property Sold As-Is Conditions. Two units rented " tenants rights apply.1st Floor tenant $1500 per month and is month to month been there 10 years and responsible for electricity , heat and gas.2nd floor vacant.3rd Floor will be vacant also. Huge block 2 car garage with extended shade will be vacant at closing. Roof and tuck point 2020.All three with unit with central air installed 2007-2011. 3rd floor new furnace Dec.2025. Crawl space access kitchen area in first floor. Only steps from Chicago Ave shops, restaurants, parks, public transportation CTA Blue Line and much more.

1841 W Superior Street, Chicago

$3,249,000

2 Beds ⋅ 4 Baths ⋅ 12652644 MLS ⋅ ACTIVE Status

2054 W Grand Avenue, Chicago

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