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About This Home

This 15-bedroom, 8-bathroom residential multi family at 1246 N Artesian Avenue in Chicago, IL is listed for $2,700,000. Built in 1889, on a N/A lot.

Agent Description

CRER is proud to exclusively present 1246 N Artesian Ave, a fully gut-renovated 8-unit multifamily asset located in the heart of Chicago's premier West Town neighborhood. This turnkey building features a highly desirable unit mix of predominantly 2-bedroom apartments, each outfitted with modern finishes, updated layouts, and secure digital entry systems, all set on a quiet, tree-lined street.

The property has undergone a comprehensive, top-to-bottom renovation, delivering a truly stabilized asset with immediate in-place cash flow and minimal capital expenditure requirements. Investors benefit from a low-maintenance building with strong operating fundamentals and long-term durability.

Strategically positioned just off the bustling Division Street corridor, the asset is surrounded by some of the city's best dining, nightlife, and boutique retail, while offering seamless access to public transportation. This prime location continues to drive consistent tenant demand and strong rental performance.

Opportunities to acquire a fully renovated, income-producing asset of this caliber in West Town are exceedingly rare. 1246 N Artesian Ave offers investors a compelling blend of stability, location, and long-term upside in one of Chicago's most sought-after rental markets.

Key Features

  • Built in 1889
  • 3 stories

Property Details

3 stories
8 full
1889

Monthly Cost Estimate

$14,440/mo

20% down · 6.5% · 30 years

Principal$1,953
Interest$11,700
Insurance$788

Estimates only. Actual payments may vary.

Location

1246 N Artesian Avenue

Chicago, IL 60622

Questions & Answers

This 15-bedroom, 8-bathroom residential multi family at 1246 N Artesian Avenue is listed at $2,700,000. The estimated monthly payment is $11,700 based on 20% down at 6.5% interest.

Key features include: Built in 1889, 3 stories.

This property is listed by Ian Luscombe and can be reached at (773) 327-9300 or ianl@crer.com.

IL

Ian Luscombe

Agent at Chicago Real Estate Resources

(773) 327-9300

Listed by Chicago Real Estate Resources · View on Broker Site

MLS# 12682951· Source: listhub· Updated 1 days ago

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1246 N Artesian Avenue, Chicago, IL 60622

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