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18 Properties Within 0.5 miles of: 318 W 24th, Chicago

318 W 24th
Chicago, IL 60616

  • 7 Beds
  • Built In 1890
Price

$688,000

Est Payment
$4,434 / month (details)  
Taxes
$9,443  
Beds
7  
Rooms
19  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
25 X 125  
Built
1890  
Neighborhood
Chinatown  
MLS
#12531212
Status
Active (3 days)

Property Description

Seize this rare opportunity to own a multi-unit property in the thriving heart of Chinatown-one of Chicago's most dynamic and rapidly growing neighborhoods! This versatile building offers two main units plus a finished basement unit, all equipped with central heating and cooling for year-round comfort. Sun-filled interiors and a 2-car garage add even more value to this exceptional offering. The property is currently occupied by long-term tenants, with rents priced far below market-creating immediate upside for the savvy investor. Whether you choose to renovate, reposition, or simply bring rents to market levels, the cash-flow potential is tremendous. Location is everything, and this one has it all: just steps from CTA transportation, restaurants, shops, parks, and banks, with unbeatable access to major highways. Convenience and demand in this area continue to rise. Additional Highlight: this property sits directly beside a large vacant lot poised for major future development in Chinatown. Owning next to a significant development site positions you perfectly to benefit from appreciation and increased neighborhood visibility. Opportunities like this are truly rare. Don't miss your chance to secure a high-potential multi-unit property in one of Chicago's most desirable and evolving communities!

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
2 Garage Spaces, Yes, Garage Owned, Detached, Garage, Parking included in price
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

12-10-2025 Listed at $688,000
Last Modified 12/10/25 10:31 PM

Nearby Transportation

  • Bus 44 0.1 mi
  • Bus 24 0.2 mi
  • Bus 62 0.2 mi
  • Bus 21 0.3 mi
  • Bus 0.4 mi
  • Bus 29 0.4 mi
  • Bus 8 0.6 mi
  • Bus 4 0.6 mi
  • Bus 1 0.6 mi
  • Bus 3 0.6 mi
  • Bus 31 0.7 mi
  • Bus 18 0.9 mi
  • Bus 12 1.0 mi
  • Bus 35 1.2 mi
  • Bus 39 1.2 mi
  • Metra Electric 1.0 mi
  • Burlington Northern 1.0 mi
  • Rock Island 1.2 mi
  • Red Line 0.4 mi
  • Green Line 0.6 mi
  • Orange Line 0.7 mi
  • I 55 South 0.4 mi
  • I 90 East 0.4 mi
  • I 94 East 0.4 mi
  • I 90 West 0.4 mi
  • I 94 West 0.4 mi
  • I 55 North 0.4 mi
  • I 290 East 1.6 mi
  • I 290 West 2.2 mi
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