3517 W Palmer ST, Chicago, IL 60647
3517 W Palmer ST, Chicago, IL 60647
3517 W Palmer ST, Chicago, IL 60647
3517 W Palmer ST, Chicago, IL 60647
3517 W Palmer ST, Chicago, IL 60647
3517 W Palmer ST, Chicago, IL 60647
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$915,000

$849,000

7.8%
Est.Price: ?

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Est. payment /mo

8 Beds

3 Baths


SOLD DATE : 07/28/2026

Key Details

Sold Price $915,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12681448

Sold Date 07/28/26

Bedrooms 8

Year Built 1914

Annual Tax Amount $12,409

Tax Year 2024

Lot Dimensions 25X126

Property Sub-Type Two to Four Units

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.

Location

State IL

County Cook

Area Chi - Logan Square

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Community Features Sidewalks, Street Lights, Street Paved

Building

Building Description Brick,Frame, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick,Frame

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Kathleen Bak of  Gates and Gables Realty 
Bought with Martin Daniel of Chicagoland Brokers, Inc.

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Serene Realty, Inc

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+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616, United States

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