New Listing2418 N Western Avenue is a well-configured four-unit property located in the heart of Bucktown. The property features three units in the front building plus a detached coach house in the rear, offering four separate 1-bedroom/1-bathroom units. Each unit is separately equipped with its own HVAC system, hot water tank, and electric panel. The property also features common-area laundry located in the basement of the rear coach house, along with one exterior parking space accessible from the alley. Rents are currently below market, providing meaningful upside for a new owner. The four units currently generate an average rent of $1,756 per month compared to an estimated market average of $2,300 per month. Unit 2F is currently in the process of moving out, creating an opportunity for an owner-occupant or investor seeking flexibility. Ideally situated at the convergence of Bucktown, Logan Square, and West Lakeview, 2418 N Western Avenue offers convenient access to the Western Blue Line station, expressway, and multiple bus routes. The property combines strong neighborhood connectivity with immediate rental upside and a flexible four-unit configuration.
| MLS # | 12761589 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1880 |
| Days On Site | 5 |
| Listing Provided By | Essex 312, LLC | Niko Apostal |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| Basement | Y |
| Zoning | MULTI |
| Acreage | 0.06 |
| Rooms Total | 20 |
|---|---|
| Heating | Natural Gas, Forced Air |
| Roof | Asphalt |
|---|---|
| Foundation Details | Brick/Mortar, Concrete Perimeter, Stone |
| Construction Materials | Brick |
| Parking Features | Off Alley, Off Street, Alley Access, Yes, Owned |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Curbs, Sidewalks, Street Lights, Street Paved |
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| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 18752 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60647 |
| Area | CHI Logan Square |
| School District | Clemente Community Academy Senio |
| Elementary School | Goethe Elementary School |
| High School | Clemente Community Academy Senio |
| Listing VS Median (in 60647) | |
Price: $900,000 low | high Med: $344,450 On site: 5 low | high Med: 7.5 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60647 |
| Area | CHI Logan Square |
| School District | Clemente Community Academy Senio |
| Elementary School | Goethe Elementary School |
| High School | Clemente Community Academy Senio |
| Listing VS Median (in 60647) | |
Price: $900,000 low | high Med: $344,450 On site: 5 low | high Med: 7.5 | |