2955 N Gresham Avenue
Chicago, IL, 60618
$700,000
6 Beds
3 Baths
0 SqFt
0 Acres
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MLS #MRD12627555 image #0
Logan Square / Avondale turnkey two-flat in a prime location. This well-maintained property features updated granite kitchens with stainless steel appliances, custom tile work, hardwood floors, 2017 renovations included plumbing, electrical, HVAC, and windows. The first-floor unit is a spacious 2 bed / 1 bath, recently renewed at $2,000/month with a lease secured through 5/31/2027, providing immediate stable income. The second-floor unit is an expansive 4 bed / 2 bath duplex-up with a large, versatile flex space, currently rented at $2,500/month with lease expiring 6/15/2026, offering future upside potential. Tenants pay their own electric, gas, and heat, minimizing owner expenses. The property also includes a generous backyard and a large garage. Ideal for investors or owner-occupants alike, this property is just a short walk to public transportation, including the Blue Line, and steps from the vibrant Milwaukee Avenue corridor with its restaurants, shops, and nightlife.

Property Details

Price:
$700,000
MLS #:
MRD12627555
Status:
Active Under Contract
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
chiavondale
Listed Date:
Apr 25, 2026
Year Built:
1887
Chi – AvondaleChiavondale

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Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Frame
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2

Financial

Net Operating Income
$34,253
Tax Year
2024
Taxes
$12,301

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of Jun 15, 2026
1,403
Multi Family Listed
81
Avg DOM
$530,246
Avg List Price

Property Summary

    2955 N Gresham Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60618. It is listed for $700,000

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