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For Sale

2821 W 25th St

2821 W 25th St, Chicago, IL 60623

Discover the vibrant West Side of Chicago where the property is located. Embrace the rich cultural tapestry and diverse community that defines this dynamic area. With easy access to the bustling downtown and major freeways, the location offers convenience for commuters. Nearby, the Garfield Park Conservatory provides an urban oasis while Douglas Park offers acres of green space for relaxation and recreation. Immerse yourself in the area's storied history at the National Museum of Mexican Art and explore the array of dining options showcasing global flavors. The thriving arts scene and local businesses contribute to a lively atmosphere, making this location an ideal choice for your office investment.2821 W 25th St presents the opportunity to acquire a partially renovated 6-unit multifamily property in Chicago’s Little Village / Marshall Square neighborhood with significant value-add potential. Four of the six units have already been beautifully renovated, offering investors significant value-add potential through completing the remaining garden units per existing plans and continued rent growth. The property benefits from separate utilities, individual furnaces, common area laundry, vinyl windows, and two tandem exterior parking spaces. The current owner has renovated four of the six units, making it a strong opportunity for a new investor to step in with substantial capital improvements already completed, while still maintaining meaningful upside through renovation of the two remaining garden units. The property is currently generating $4,695 per month in scheduled rental income, with projected stabilized rents of $8,900 per month upon completion of the remaining renovations and lease-up, representing approximately 90% rental upside from current levels. The occupied units also provide strong mark-to-market potential, with projected rental increases averaging 23% based on comparable renovated product in the surrounding submarket. Based on the projected all-in basis of $810,000, inclusive of renovation costs, the Offering Memorandum projects a stabilized NOI of approximately $70,765 and an 8.74% stabilized cap rate upon completion of the value-add program.

Key features

  • 3,805 SF building
  • 4 units
  • Built in 1900
  • Located in the Chicago area
  • Zoned RT-4
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Mitir Patel

Essex Three-Twelve

Building Details

  • For Sale $650,000
  • Property Type Multi-Family
  • Property Size 3,805 SF
  • Units 6
  • Lot Size 0.07 Acre
  • Year Built 1900
  • Date Updated May 22, 2026

Getting Around

  • Walk Score ®

    Very Walkable (78)
  • Transit Score ®

    Good Transit (62)
  • Bike Score ®

    Very Bikeable (85)
Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Little Village
  • Zip Code 60623
  • Market Chicago

Points of Interest

Central Park

1.11 miles

Ashland

1.66 miles

Kostner

1.98 miles

Halsted

2.48 miles

Halsted Street

2.70 miles

Uber Tent

2.77 miles

Western

2.94 miles

UIC-Halsted (Morgan Street)

3.05 miles

54th/Cermak

3.14 miles

Marathon

0.60 miles

Mobil

0.62 miles

Exxon

0.63 miles

Pilot

1.02 miles

Road Ranger

1.05 miles

BP

1.14 miles

GoLo

1.20 miles

Citgo

1.35 miles

EVgo

1.97 miles

Visitor Paerking

0.47 miles

35th/Archer Park & Ride

1.42 miles

Lot W5

1.75 miles

Lot A4

1.89 miles

Lot C4

1.89 miles

Lot B4

1.91 miles

Lot M

1.92 miles

BP

0.75 miles

Hand Car Wash & Detail

0.99 miles

Mobil

1.33 miles

DS Luxury

1.78 miles

Buddy Bear Car Wash

2.00 miles

Grand Oakley Car Wash

3.15 miles

Glitz Car Wash

3.43 miles

Car Rentals

3.66 miles

Hertz

3.90 miles

Panda Express

0.23 miles

La Chapattis Grocery

0.29 miles

Taqueria El Milagro

0.33 miles

Subway

0.38 miles

Fiesta Tapatia Restaurant

0.41 miles

Church's Chicken

0.41 miles

Taqueria Los Comales

0.43 miles

Manolo's Tamales

0.45 miles

McDonald's

0.47 miles

Little Village Discount Mall

0.35 miles

Pete's Market

0.59 miles

Fairplay Foods

0.60 miles

Cermak Fresh Market

0.64 miles

ALDI

0.74 miles

Workshop Apothecary

0.78 miles

Supermercado La Chiquita

0.96 miles

Supermercado El Güero #8

0.97 miles

Target

1.34 miles

Walgreens

0.32 miles

Esperanza Little Village

0.36 miles

Chicago Fire Department Engine Company 109

0.47 miles

ACCESS Centro Médico San Rafael

0.48 miles

Cook County Sherrif's Office

0.55 miles

Saint Anthony Hospital

0.61 miles

ACCESS Servicios Médicos La Villita

0.62 miles

Chicago Police Department 10th District Station

0.95 miles

Mount Sinai Hospital

1.09 miles

2821 W 25th St Listing Summary

  • What is the asking price at 2821 W 25th St?

    2821 W 25th St is currently listed for sale at Contact for pricing.

  • What is the total size of 2821 W 25th St?

    2821 W 25th St has a total of 3,805 square feet.

  • What is the year built for 2821 W 25th St?

    The year built for 2821 W 25th St is 1900.

Contact Listing Broker
broker
Mitir Patel

Essex Three-Twelve

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