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2855 W Arthington St
Multi-Family
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$699,000

2855 W Arthington St, Chicago

41% below median
9 bd·6 ba·0 sqft
Built 20043,049 sqft lotEast Garfield Park

2855 W Arthington St, Chicago, IL

9 bd · 6 ba · 0 sqft Multi-Family listed at $699,000, built in 2004 in the East Garfield Park neighborhood.

About this home

A rare opportunity for both owner-occupants and investors alike! Whether you are looking to do house hacking or secure a high-performing rental asset, this fully-remodeled building checks every box. New electric, new plumbing, new furnaces, new hot water tanks, 24 new windows, new kitchens and baths, new appliances - all over the last 3 years. Ideally located just blocks from the Illinois Medical District and the United Center, the property sits in a high-demand area with strong rental appeal and long-term appreciation potential. Each of the 3 spacious units features a desirable 3 bed/2 bath layout with a private primary suite - an uncommon configuration that attracts quality tenants and premium rents. Thoughtfully updated throughout, every unit offers open-concept living, modern kitchens and baths, and the convenience of in-unit laundry. Live in 1 unit and rent the other two or add a turnkey, income-generating property to your portfolio. Opportunities like this do not last!

Property details

Price
$699,000
Bedrooms
9
Bathrooms
6
Year built
2004
Lot size
3,049 sqft
Type
Multi-Family
Days on market
32
Est. property tax
$14,539/yr · $1,212/mo · 2.08% IL avg
Last sold
$186,000 · Sep 2009

Estimated monthly payment

Down payment20% ($139,800)
Interest rate6.75%
Principal & Interest$3,627
Property Tax$641
Insurance$150
Total$4,418/mo

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Price history

$819K$408K$-3K$65K on Aug 02 (Sold)$489K on Mar 07 (Initial list)$489K on Aug 07 (Price change)$186K on Sep 09 (Sold)$217K on Dec 21 (Sold)$750K on Sep 24 (Initial list)$699K on Mar 26 (Initial list)
$65K · Aug 02$699K · Mar 26
  1. Mar 25, 2026$699,000Initial list price
  2. Sep 5, 2024$750,000Initial list price
  3. Dec 23, 2021$217,000Sold
  4. Sep 25, 2009$186,000Sold
  5. Aug 1, 2007$489,000Price change
  6. Mar 15, 2007$489,000Initial list price
  7. Aug 13, 2002$65,000Sold

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 60612)

This neighborhood is primarily renter-occupied (32% owner-occupied). Median age is 34.2; 23% hold a bachelor's degree; median household income is $58,858.

Median income
$58,858
Median age
34.2
Owner-occupied
32.3%
Bachelor's degree
23.0%
Census median home value
$342,700

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

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