1246 N Artesian Avenue, Chicago, IL

$2,610,000

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About 1246 N Artesian Avenue

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.

Features of 1246 N Artesian Avenue

MLS® # 12682951
Price $2,610,000
Bathrooms 0.00
Year Built 1889
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 1246 N Artesian Avenue
Area CHI - West Town
City Chicago
County Cook
State IL
Zip Code 60622

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Days on Market 31
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeChicago Real Estate Resources

Listing Map

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