318 W 24th Place, Chicago, IL 60616

Local realty services provided by:Better Homes and Gardens Real Estate Connections
318 W 24th Place,Chicago, IL 60616
$688,000
  • 7 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: manching ng
Office: mango realty group
MLS#:12531212
Source:MLSNI

Price summary

  • Price:$688,000

About this home

Seize this rare opportunity to own a multi-unit property in the thriving heart of Chinatown-one of Chicago's most dynamic and rapidly growing neighborhoods! This versatile building offers two main units plus a finished basement unit, all equipped with central heating and cooling for year-round comfort. Sun-filled interiors and a 2-car garage add even more value to this exceptional offering. The property is currently occupied by long-term tenants, with rents priced far below market-creating immediate upside for the savvy investor. Whether you choose to renovate, reposition, or simply bring rents to market levels, the cash-flow potential is tremendous. Location is everything, and this one has it all: just steps from CTA transportation, restaurants, shops, parks, and banks, with unbeatable access to major highways. Convenience and demand in this area continue to rise. Additional Highlight: this property sits directly beside a large vacant lot poised for major future development

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Home facts

  • Year built:1890
  • Listing ID #:12531212
  • Added:51 day(s) ago
  • Updated:January 31, 2026 at 11:56 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1890

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$688,000
  • Tax amount:$9,443 (2024)
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