2040 W Charleston Street, Chicago, IL 60647
Local realty services provided by:ERA Naper Realty
2040 W Charleston Street,Chicago, IL 60647
$1,200,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: grigory pekarsky, braden robbins
Office: vesta preferred llc.
MLS#:12688343
Source:MLSNI
Price summary
- Price:$1,200,000
About this home
A phenomenal Bucktown location, zero vacancy, and an incredible rent roll - this classic 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 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....
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Home facts
- Year built:1887
- Listing ID #:12688343
- Updated:September 06, 2026 at 11:02 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:16
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1887
- Lot area:0.05 Acres
- Foundation Description:Concrete Perimeter
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,200,000
- Tax amount:$15,039 (2024)
Parking
- Total parking spaces:3
- Parking description:Driveway
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