3123 W Eastwood Ave, Chicago, IL
7 bd · 3 ba · 0 sqft Multi-Family listed at $855,000, built in 1912 in the Albany Park neighborhood.
About this home
Well-maintained and fully rented, this classic Chicago 2-flat at 3123 W. Eastwood offers a seamless investment opportunity with strong existing tenancy in place. Long-time ownership shines through in the care and thoughtful upkeep throughout the building. The first-floor unit is a spacious duplex-down featuring 4 bedrooms (2 up, 2 down) and 2 full baths. The lower level includes a full bathroom and wet bar, offering flexible living space ideal for extended living or entertaining. The second-floor unit is a bright 3-bedroom with hardwood flooring throughout and a traditional, well-designed layout. Each unit has its own private laundry and separate mechanical systems. Tenants pay their own heat, gas, and electricity, keeping operating expenses streamlined for the next owner. A true, solid classic Chicago 2-flat with income in place and pride of ownership throughout. This one will not last.
Property details
- Price
- $855,000
- Bedrooms
- 7
- Bathrooms
- 3
- Year built
- 1912
- Type
- Multi-Family
- Days on market
- 59
- Est. property tax
- $17,784/yr · $1,482/mo · 2.08% IL avg
- Last sold
- $205,000 · May 2011
Estimated monthly payment
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Price history
- Feb 25, 2026$855,000Initial list price
- May 3, 2011$205,000Sold
- Sep 4, 2002$335,000Sold
- Oct 5, 1990$120,000Sold
- Mar 1, 1987$71,000Sold
Location
This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.
About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)
Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.
Home Intelligence
Neighborhood (zip 60625)
This neighborhood is primarily renter-occupied (40% owner-occupied). Median age is 35.6; 31% hold a bachelor's degree; median household income is $83,527.
- Median income
- $83,527
- Median age
- 35.6
- Owner-occupied
- 39.9%
- Bachelor's degree
- 31.0%
- Census median home value
- $395,000
Source: US Census Bureau American Community Survey 5-year estimates.
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