IL
Cook
Chicago
60647
3517 W Palmer Street
3517 W Palmer Street, Chicago, IL 60647
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Listing Type
Multi Family
Listing Status
Active
23
$849,000

Home Details for 3517 W Palmer Street

Price
$849,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
3
Year built
1914
County
Cook
Total rooms
17
Basement
Unfinished, Full
MLS Listing#
12681448
Property Description

This classic legal 3-flat, located on a quiet tree-lined street in the heart of Logan Square, offers a unique opportunity for both investors and owner-occupants. The property will be delivered with one vacant unit beginning August 1, creating an ideal opportunity for an owner-occupant to move in while benefiting from rental income from the remaining units. For investors, this also provides flexibility to immediately lease the unit at market rates or implement their own business plan. Property Highlights -Rare legal 3-flat with all three units above grade (no garden unit) -One unit delivered vacant beginning August 1 - ideal for owner-occupants (Unit 1) -Full unfinished basement with duplex-down potential (subject to the buyer verifying zoning, requirements, and city approval) -Potential future ADU opportunity (subject to the buyer verifying zoning, requirements, and city approval) Forced-air heating systems (3) and Central A/C in unit 3 with the ability to AC to units 1 and 2 -Recent building upgrades include the roof sealing and exterior concrete/masonry work -Parking w/ 2 rear spots -Washer & Dryer in the basement Just moments from Palmer Square Park, the 606 Trail, Blue Line access, and Logan Square's renowned dining, shopping, and entertainment options. Additional features include generous basement storage and free street parking. The property offers multiple paths for future value creation and a legal three-flat like this building is rare to find.

Property Features
  • Heating Information
    • Natural Gas
    • Forced Air
  • Basement
    • Unfinished
    • Full
Listing Courtesy: Gates and Gables Realty - 847-847-4200
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-06-22 09:31:03. 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: 2026-06-22 09:31:03
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EXIT GRACE REALTY
2945 N. Milwaukee Ave. Ste B, Chicago, IL 60618
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