Phenomenal opportunity to acquire 3012 W. Warren Blvd, a professionally managed 7-unit brick multifamily property in Chicago's East Garfield Park neighborhood with ideal RT-4 zoning. The building features a unit mix of (1) studio, (4) one-bedroom units, and (2) two-bedroom units, along with on-site laundry. The property provides immediate rental income with additional upside through rent growth, strategic improvements, and the potential conversion of existing one-bedroom unit into a two-bedroom layout. An attractive combination of affordability, tenant demand, and long-term income stability. Located just west of the United Center and the planned 1901 Project, the property is positioned near a major mixed-use redevelopment expected to bring new residential, retail, entertainment, hospitality, and public-space investment to the surrounding area. Perfect opportunity for investors seeking scale, value-add potential, and appreciation on Chicago's West Side.
| MLS # | 12702005 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active |
| Year | 1928 |
| Days On Site | 41 |
| Listing Provided By | Triton Realty Group LLC | Nico Giannini |
| SQ Feet | 5,133 |
|---|---|
| Story(s) | 3 |
| Units | 7 |
| Zoning | MULTI |
| Acreage | 0.06 |
| Fireplaces Total | 0 |
|---|
| Construction Materials | Brick |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 12502.33 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60612 |
| Area | CHI East Garfield Park |
| Listing VS Median (in 60612) | |
Price: $999,900 low | high Med: $234,000 sqft: 5,133 low | high Med: 998 $ / sqft: $195 low | high Med: $245 On site: 41 low | high Med: 549.5 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60612 |
| Area | CHI East Garfield Park |
| Listing VS Median (in 60612) | |
Price: $999,900 low | high Med: $234,000 sqft: 5,133 low | high Med: 998 $ / sqft: $195 low | high Med: $245 On site: 41 low | high Med: 549.5 | |