Description
Located at 3825 W Adams Street, just one block from Independence Boulevard and Chicago's historic Park Boulevard System, this 1910 multifamily property offers investors and owner-occupants a rare combination of cash flow, preserved character, and long-term upside. The building contains three separately metered residential units, allowing tenants to cover their own gas and electric and helping reduce the owner's utility expenses. Current rents are below market value, providing an opportunity to increase rental income over time as leases turn over and improvements are made.Built with the craftsmanship that defines Chicago's historic greystones, the property features a brick and limestone exterior, hand-carved stone detailing, a wrought iron gate, manicured front lawn, and covered stone portico with classical columns. Inside, each apartment retains much of its original 1910 character. Refinished hardwood floors extend throughout the units, while deep-set windows and bay windows bring in abundant natural light. The main living areas feature arched decorative fireplaces framed with white tile and flanked by built-in bookcases. Several rooms also include original stained-glass transom windows with jewel-toned detailing. The first-floor apartment offers additional features that are difficult to find in a building of this age, including a private foyer, covered deck off the kitchen, and an in-unit laundry closet with a stacked washer and dryer. A full unfinished basement with exterior access provides three separate storage rooms and a large amount of open space. The basement may offer future potential to duplex the first-floor unit or explore the creation of an additional dwelling unit. The location provides convenient access to the CTA Green Line, I-290 Eisenhower Expressway, downtown Chicago, and surrounding West Side neighborhoods. The property is also near the Garfield Park Conservatory, Garfield Park, local schools, neighborhood businesses, and Chicago's historic boulevard system. Whether you are an investor looking to expand your Chicago multifamily portfolio, an owner-occupant interested in living in one unit while renting the others, or a buyer seeking a value-add income property with original architectural character, 3825 W Adams Street offers multiple paths toward stronger future performance. Schedule your private tour now.
Details
| MLS # | 12704026 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1910 |
| Days On Site | 47 |
| Listing Provided By | Coldwell Banker Realty | Tina Hollins |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Zoning | MULTI |
Interior
| Rooms Total | 14 |
|---|---|
| Heating | Natural Gas |
Exterior
| Roof | Rubber |
|---|---|
| Foundation Details | Concrete Perimeter |
| Construction Materials | Brick, Masonite, Stone |
| Patio And Porch Features | Porch |
| Fencing | Fenced |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs, Sidewalks, Street Lights, Street Paved |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 4175.32 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60624 |
| Area | CHI West Garfield Park |
| Listing VS Median (in 60624) | |
Price: $349,999 low | high Med: $174,900 On site: 47 low | high Med: 18 | |
Market Activity 60624
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60624 |
| Area | CHI West Garfield Park |
| Listing VS Median (in 60624) | |
Price: $349,999 low | high Med: $174,900 On site: 47 low | high Med: 18 | |
