1246 N Artesian Avenue, Chicago, IL
  • $2,700,000

Description

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.

  • Listing Courtesy of: Chicago Real Estate Resources

Details

Updated on June 24, 2026 at 11:06 pm
  • Property ID MRD12682951
  • Price $2,700,000
  • Year Built 1889
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 16012280220000
  • MLS Status New
  • Cumulative Days On Market 3
  • Tax Annual Amount 21850
  • Directions Division St to Artesian Ave, north to property
  • StoriesTotal 3
  • Address 1246 N Artesian Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60622
  • Country United States

Overview

Property ID: MRD12682951
  • Multi Family
  • Property Type
  • 1889
  • Year Built

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