1705 W Leland Ave, Chicago, IL

7 bd · 6 ba · 0 sqft Multi-Family listed at $2,495,000, built in 1923 in the Uptown neighborhood.

About this home

An exceptional opportunity awaits in the vibrant Ravenswood neighborhood. This handsome, historic residence combines elegant style, modern comfort, and rare investment potential. The property features a stunning luxury owner's duplex-up plus three well-appointed rental apartments, offering both refined living and multiple income streams. The owner's duplex-up is a true showpiece, with expansive light-filled living spaces, high ceilings, and beautiful curated finishes throughout. The main level includes a gourmet kitchen with high-end appliances, a spacious dining area, powder room, office, convenient laundry, elegant living room, and a library with a wood-burning fireplace. The serene primary suite is complete with a spa-inspired bath and two custom closets. Direct access to a private garage rooftop garden and entertainment area extends the living experience outdoors. Upstairs, two generous bedrooms share a Jack-and-Jill bathroom, with ample closet space throughout. Hardwood floors, curated finishes, and thoughtful design define this one-of-a-kind residence. Three rental apartment (two 1-bedroom apartments, and one 2-bedroom apartment) provide rental income, offering a rare opportunity to enjoy the lifestyle you deserve while making your investment work for you. Additional highlights include energy-efficient systems, private entrances, and dedicated parking for seven vehicles. This unique property seamlessly blends lux living with strong income potential in one of Chicago's most desirable neighborhoods.

Property details

Price: $2,495,000
Bedrooms: 7
Bathrooms: 6
Year built: 1923
Lot size: 5,663 sqft
Type: Multi-Family
Days on market: 44
Est. property tax: $51,896/yr · $4,325/mo · 2.08% IL avg
Last sold: $968,500 · Nov 2015

Virtual tour

Estimated monthly payment

Down payment20% ($499,000)

Interest rate6.75%

Principal & Interest$12,946

Property Tax$2,287

Insurance$150

Total$15,383/mo

Can I afford this?

See what fits your income

Price history

$1.15M · Jun 15$2.50M · Mar 26

Mar 12, 2026$2,495,000Initial list price
Sep 19, 2025$2,495,000Initial list price
Oct 23, 2015$968,500Sold
Jun 3, 2015$1,150,000Initial 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.

Location

Explore nearby homes on the map →

Google Maps Apple Maps

Home Intelligence

Neighborhood (zip 60640)

This neighborhood is primarily renter-occupied (32% owner-occupied). Median age is 37.4; 35% hold a bachelor's degree; median household income is $69,397.

Median income: $69,397
Median age: 37.4
Owner-occupied: 31.8%
Bachelor's degree: 35.3%
Census median home value: $353,200

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