843 N Waller Ave, Chicago, IL
7 bd · 5 ba · 0 sqft Multi-Family listed at $360,000, built in 1868 in the South Austin neighborhood.
About this home
Rare Triple-Threat Victorian in the Heart of Austin's Revitalization! Positioned in a rapidly developing pocket where rehab activity is surging, this grand 3-unit frame building is the ultimate strategic asset for investors or "house-hackers." The property offers a versatile, high-demand unit mix: a massive 3BD/2BTH, a 2BD/2BTH, and a 2BD/1BTH. Architectural Soul & Investor Efficiency: Step into units defined by soaring high ceilings, gleaming hardwood floors, and formal dining rooms in the primary levels that evoke timeless Victorian character. While the aesthetic is classic, the mechanicals are optimized for maximum cash flow. Featuring newer, separate heating and hot water units, tenants pay all their own electric and gas, keeping your owner expenses predictable and your margins high. The Financial Edge: With exceptionally low taxes to dramatically boost your NOI from day one, this building is a powerhouse for any portfolio. Perfectly situated for commuters with CTA service and School Bus access steps away, it offers the convenience tenants crave. Capitalize on the neighborhood's upward momentum and active rehab corridor. Whether you are looking for a high-performing addition to your holdings or a stunning primary residence that pays for itself, this is the one. Properties of this scale and mechanical condition are a rarity-schedule your showing today before the opportunity is gone!
Property details
- Price
- $360,000
- Bedrooms
- 7
- Bathrooms
- 5
- Year built
- 1868
- Type
- Multi-Family
- Days on market
- 4
- Est. property tax
- $7,488/yr · $624/mo · 2.08% IL avg
- Last sold
- $175,000 · Apr 2002
Estimated monthly payment
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Price history
- Apr 21, 2026$360,000Initial list price
- Jul 16, 2024$350,900Relisted
- Apr 10, 2024$350,900Price change
- Mar 13, 2024$385,000Initial list price
- Nov 1, 2021$1,400Price change
- Sep 27, 2021$1,400Price change
- Apr 24, 2002$175,000Sold
- May 8, 2000$144,000Sold
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 60651)
Median age is 34.4; 9% hold a bachelor's degree; 45% of homes are owner-occupied; median household income is $48,532.
- Median income
- $48,532
- Median age
- 34.4
- Owner-occupied
- 44.5%
- Bachelor's degree
- 8.8%
- Census median home value
- $241,600
Source: US Census Bureau American Community Survey 5-year estimates.
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