2040 W Charleston Street, Chicago, IL, 60647

$1,200,000

8

Beds

0.05

Acres

About 2040 W Charleston Street

A phenomenal Bucktown location, zero vacancy, and an incredible rent roll - this classic brick four-flat is a rare fully-leased investment opportunity, with all four units occupied at market rents and income in place from day one. Set a half-block west of Damen on a quiet residential street surrounded by single-family homes, the building offers four full-floor units, each with two bedrooms, one bath, hardwood floors throughout, in-unit laundry, and independently updated mechanicals - HVAC, electrical, and plumbing serving each unit separately. Several systems were replaced between 2019 and 2024, and Unit 1F was fully remodeled in 2020, keeping deferred maintenance light for years to come. Gated entry, a shared deck, and two to three exterior parking spaces at the rear round out the building. Location does the heavy lifting on rental demand here: the 606 Trail, Walsh Playground, and Mariano's all sit within a short walk, the Blue Line is under a mile away, and I-94 access is just blocks off - the kind of walkability that keeps units leased and turnover low. A brick walk-up of this vintage is some of Bucktown's most resilient building stock, ideally suited to a long-term hold. Strong bones, a strong corner of the city, and a stabilized, fully-performing asset in one of Chicago's most in-demand neighborhoods.

Additional Information: This property is located in the CHI - Logan Square neighborhood, IL. This 8 bedrooms two to four units property is priced at $1,200,000.

Facts & Features

MLS® # 12688343
Price $1,200,000
Bedrooms 8
Bathrooms 0.00
Taxes $15,039
Acres 0.05
Year Built 1887
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 2040 W Charleston Street
Area CHI - Logan Square
City Chicago
County Cook
State IL
Zip Code 60647

Amenities

Parking Spaces 3
Parking Driveway, Yes, Owned
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No
Has Basement No
Basement None

Exterior

Exterior Vinyl Siding
Roof Asphalt
Foundation Concrete Perimeter

School Information

District 299

Additional Information

Days on Market 7
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $15,039

Listing Details

OfficeVesta Preferred LLC

Listing Map

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