IL
Cook
Chicago
60647
3503 W Palmer Street
3503 W Palmer Street, Chicago, IL 60647
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Listing Type
Multi Family
Listing Status
Active
23
$750,000
Home Details for 3503 W Palmer Street
Price
$750,000
Type
Residential Income
Bedrooms
9
Bathrooms
3.0
Square feet
NaN
Year built
1891
Lot size acres
0.07
County
Cook
Total rooms
13
Garage
2
Basement
None
Days on site
42
MLS Listing#
12526436
Property Description
Legal 2-unit building (with 3rd unit in process unless buyer would rather leave as-is) in an appreciating corridor of Logan Square with significant cash flow in place. The building sits immediately west of Palmer Square and Kedzie Boulevard, with nearby new-build single-family homes under contract near $1.5 million. The existing rent roll comprises approximately $62,400 of annual revenue, representing an 11.9 gross revenue multiple on in-place income. Property recently appraised at $750,000. All units feature in-unit laundry. A brand-new plumbing stack has been completed for the entire building, and new siding was completed in November 2025
Property Features
Parking
- Detached
- Garage
Heating Information
- Natural Gas
Water Features
- Public
Basement
- None
Listing Courtesy: Compass - 312-319-1168
Based on information submitted to the MLS GRID as of 2026-01-13 18:33:17. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.Last Updated: 2026-01-13 18:33:17
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT GRACE REALTY
2945 N. Milwaukee Ave. Ste B, Chicago, IL 60618Office
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