3734 W IOWA Avenue
Chicago, IL, 60651
$675,000
12 Beds
6 Baths
0 SqFt
0 Acres
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MLS #MRD12728990 image #0
Incredible opportunity to own a 6-unit apartment building that is zoned as a 4-unit. All 6 units are exactly identical, with 8ft clearance and 2 exits, about 800 sqft. Each unit has individual gas and electric meters, and in-unit forced gas furnace and water heaters. All long-term stable tenants of 3+ years. Chance to increase NOI by slightly increasing rents. All units have been updated with new kitchen cabinets, countertops, vanities, paint, flooring, and doors. Brand new porch installed in 2023, vinyl windows, copper plumbing, and updated electrical. I can share all financials and video walkthrough of each unit.

Property Details

Price:
$675,000
MLS #:
MRD12728990
Status:
Active Under Contract
Beds:
12
Baths:
6
Type:
Multi Family
Neighborhood:
chihumboldtpark
Listed Date:
Aug 10, 2026
Year Built:
1940
Chi – Humboldt ParkChihumboldtpark

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Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Parking Features
Yes
Parking Spots
3
Parking Total
3

Financial

Maintenance Fee
$8,900
Net Operating Income
$65,000
Tax Year
2025
Taxes
$8,249

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of Oct 09, 2026
1,360
Multi Family Listed
76
Avg DOM
$528,431
Avg List Price

Property Summary

    3734 W IOWA Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60651. It is listed for $675,000

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