Chicago, IL 60618,3738 N Richmond ST
Chicago, IL 60618,3738 N Richmond ST
Chicago, IL 60618,3738 N Richmond ST
Chicago, IL 60618,3738 N Richmond ST
Chicago, IL 60618,3738 N Richmond ST
Chicago, IL 60618,3738 N Richmond ST
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$ 649,000
Est. payment | /mo

4 Beds

3 Baths


Save
$ 649,000
Est. payment | /mo
Save

4 Beds

3 Baths

Open House

Sat Jan 24, 12:00pm - 2:00pm

Sun Jan 25, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12545636

Bedrooms 4

Year Built 1925

Annual Tax Amount $10,885

Tax Year 2024

Lot Dimensions 36X126

Property Sub-Type Two to Four Units

Property Description

Classic all-brick Chicago two-flat offering solid construction, generous room sizes, and meaningful long-term upside. Located on a 36 x 126 lot, the property includes a two-car detached garage and a rear yard, providing valuable off-street parking and outdoor space. Both units feature traditional, well-proportioned layouts with separate living and dining rooms, hardwood floors, original wood trim, and excellent natural light throughout. The kitchens offer eat-in space, and the bedrooms are comfortably sized, making the layouts functional today while presenting clear opportunities for cosmetic updates and future rent growth. Original architectural details remain intact, preserving the character typical of classic Chicago masonry construction. The partially finished basement includes recreation space, multiple storage rooms, workshop and utility areas, and an additional bathroom. The lower level offers flexibility and potential to be incorporated into a duplex-down configuration or explored as a future garden-level unit, subject to zoning, permits, and buyer due diligence. The property currently provides stable income with built-in flexibility. Unit 1 is leased at $1,400 per month on a month-to-month basis, while Unit 2 is leased at $1,400 per month with a lease in place through September 2026. Total monthly income is $2,800, or $33,600 annually, allowing a buyer to generate cash flow while planning future improvements or occupancy. The property is being offered for sale in as-is condition. Conveniently located near parks, public transportation, restaurants, and neighborhood amenities, with easy access to surrounding North Side communities.

Location

State IL

County Cook

Area Chi - Irving Park

Rooms

Basement Partially Finished, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

Elementary Schools Cleveland Elementary School

Middle Schools Cleveland Elementary School

High Schools Schurz High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Lance Lukose of  Compass 

Learn More About LPT Realty

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3738 N Richmond ST