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2230 N Washtenaw Ave
Multi-Family
New
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$515,000

2230 N Washtenaw Ave, Chicago

56% below median
5 bd·5 ba·0 sqft
Logan Square

2230 N Washtenaw Ave, Chicago, IL

5 bd · 5 ba · 0 sqft Multi-Family listed at $515,000 in the Logan Square neighborhood.

About this home

Attention Rehabbers and Builders- Great opportunity sitting at the intersection of Palmer Square and Logan Square, the location of this property couldn't be better! This 2-flat is just 1.5 blocks from the California Blue Line and just 5 blocks from Palmer Square Park! It's also only a short walk to the incredible Logan Square Farmers Market and provides cash access to the expressway. With tons of world class restaurants and shopping right outside the door this property presents a great opportunity to rehab or teardown and build a new home/building in the VERY desirable and hot Logan Square Neighborhood! New construction all around this property is a testament to the neighborhood's progression, desirability and higher values as time continues.

Property details

Price
$515,000
Bedrooms
5
Bathrooms
5
Type
Multi-Family
Days on market
25
Est. property tax
$10,712/yr · $893/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($103,000)
Interest rate6.75%
Principal & Interest$2,672
Property Tax$472
Insurance$150
Total$3,294/mo

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Price history

$570K$442K$314K$549K on Mar 07 (Initial list)$549K on Jul 07 (Price change)$335K on Jun 13 (Initial list)$345K on Jul 13 (Price change)$345K on Jan 14 (Price change)$450K on Aug 15 (Initial list)$425K on Sep 15 (Initial list)$450K on Sep 15 (Price change)$400K on Sep 15 (Initial list)$425K on Sep 15 (Price change)$395K on Oct 15 (Initial list)$400K on Oct 15 (Price change)$395K on Mar 16 (Price change)$515K on Mar 26 (Initial list)
$549K · Mar 07$515K · Mar 26
  1. Mar 31, 2026$515,000Initial list price
  2. Mar 20, 2016$394,900Price change
  3. Oct 20, 2015$399,900Price change
  4. Oct 20, 2015$394,900Initial list price
  5. Sep 23, 2015$424,900Price change
  6. Sep 23, 2015$399,900Initial list price
  7. Sep 4, 2015$449,900Price change
  8. Sep 4, 2015$424,900Initial list price
  9. Aug 20, 2015$449,900Initial list price
  10. Jan 3, 2014$345,000Price change
  11. Jul 22, 2013$345,000Price change
  12. Jun 24, 2013$335,000Initial list price
  13. Jul 18, 2007$548,900Price change
  14. Mar 2, 2007$548,900Initial 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.

Location

Map of 2230 N Washtenaw Ave, Chicago
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Home Intelligence

Neighborhood (zip 60647)

This neighborhood is primarily renter-occupied (39% owner-occupied). Median age is 32.7; 37% hold a bachelor's degree; median household income is $97,550.

Median income
$97,550
Median age
32.7
Owner-occupied
38.5%
Bachelor's degree
36.6%
Census median home value
$538,100

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

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