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$ 1,200,000
Est. payment /mo
Open Sat 12PM-2PM
2040 W Charleston ST Chicago, IL 60647
8 Beds
4 Baths
2,178 Sqft Lot
Open House
Sat Jul 25, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12688343
Bedrooms 8
Year Built 1887
Annual Tax Amount $15,038
Tax Year 2024
Lot Size 2,178 Sqft
Lot Dimensions 24X100
Property Sub-Type Two to Four Units
Property Description
A phenomenal Bucktown location, zero vacancy, and an incredible rent roll - this classic brick four-flat is a rare fully-leased investment opportunity, with all four units occupied at market rents and income in place from day one. Set a half-block west of Damen on a quiet residential street surrounded by single-family homes, the building offers four full-floor units, each with two bedrooms, one bath, hardwood floors throughout, in-unit laundry, and independently updated mechanicals - HVAC, electrical, and plumbing serving each unit separately. Several systems were replaced between 2019 and 2024, and Unit 1F was fully remodeled in 2020, keeping deferred maintenance light for years to come. Gated entry, a shared deck, and two to three exterior parking spaces at the rear round out the building. Location does the heavy lifting on rental demand here: the 606 Trail, Walsh Playground, and Mariano's all sit within a short walk, the Blue Line is under a mile away, and I-94 access is just blocks off - the kind of walkability that keeps units leased and turnover low. A brick walk-up of this vintage is some of Bucktown's most resilient building stock, ideally suited to a long-term hold. Strong bones, a strong corner of the city, and a stabilized, fully-performing asset in one of Chicago's most in-demand neighborhoods.
Location
State IL
County Cook
Area Chi - Logan Square
Zoning MULTI
Rooms
Basement None
Interior
Heating Forced Air
Fireplace N
Exterior
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Vinyl Siding
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Grigory Pekarsky of Vesta Preferred LLC
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