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2018 W Birchwood Ave
Multi-Family
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$850,000

2018 W Birchwood Ave, Chicago

28% below median
7 bd·4 ba·0 sqft
Built 1914Loyola

2018 W Birchwood Ave, Chicago, IL

7 bd · 4 ba · 0 sqft Multi-Family listed at $850,000, built in 1914 in the Loyola neighborhood.

About this home

Fabulous Rogers Park investment opportunity featuring a well-maintained 3-flat plus an additional garden apartment. The fully leased, spacious 2BR/1BA units offer front sunrooms, formal separate dining rooms, and additional rear rooms off the kitchens-ideal for home offices, another bedroom or expanded living space.The 3-car garage includes a newer roof and doors with automatic openers. Major building updates include newer windows (2018), boiler replaced in 2025, professional tuck-pointing, and enclosed back stairways for added functionality and safety.There is coin laundry creating additional income potential. The 4-room garden apartment offers 1BR and 1BA. Conveniently located with easy access to public transportation, shopping at Gateway Shopping Center, the lakefront, parks, and schools-this is a solid, multi unit property in a highly accessible location. GARAGE RENTAL SEPARATE- $600 PER MONTH

Property details

Price
$850,000
Bedrooms
7
Bathrooms
4
Year built
1914
Type
Multi-Family
Days on market
52
Est. property tax
$17,680/yr · $1,473/mo · 2.08% IL avg
Last sold
$400,000 · May 2017

Estimated monthly payment

Down payment20% ($170,000)
Interest rate6.75%
Principal & Interest$4,410
Property Tax$779
Insurance$150
Total$5,340/mo

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Price history

$895K$625K$355K$420K on Mar 17 (Initial list)$400K on May 17 (Sold)$850K on Mar 26 (Initial list)
$420K · Mar 17$850K · Mar 26
  1. Mar 5, 2026$850,000Initial list price
  2. May 12, 2017$400,000Sold
  3. Mar 23, 2017$419,900Initial list price

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 60645)

Median age is 37.2; 27% hold a bachelor's degree; 51% of homes are owner-occupied; median household income is $73,726.

Median income
$73,726
Median age
37.2
Owner-occupied
51.1%
Bachelor's degree
26.8%
Census median home value
$309,800

Source: US Census Bureau American Community Survey 5-year estimates.

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