Back 1516 North Keystone Avenue
Off Market

1516 North Keystone Avenue

Chicago IL 60651

11
4
3
Multi-Family
Last sold for $675,000
Dan NelsonDan Nelson, last sold this property on 02 June 2025 after 39 days on market.

Overview

Investor alert in West Humboldt Park! This classic brick building is a legal 3-flat with an additional fully renovated 2-bedroom, 1-bath garden unit featuring front and rear egress. Situated on an oversized lot, the three large 3-bedroom, 1-bath units each offer formal dining rooms, high ceilings, hardwood floors, original built-ins, and enclosed back porches. The garden unit is currently vacant and ready to rent at market rates between 1,500-1,700 dollars/month, while the three main units are occupied and generating steady income. Recent improvements include two new furnaces and AC units (servicing three units), sump pump and flood control system, partial sewer line replacement, new stainless appliances in the basement, unit 2, and unit 3, a walkout door added to the basement, extended HVAC into the laundry, new washer and dryer, electrical upgrades, and a garage door opener for the 3-car garage. Roof is approximately 8 years old. All units have gas-forced air, central AC, and separate utilities. Shared laundry in basement. Garage provides extra income. Property is being sold as-is. Seller and broker make no representations as to the legal status of the garden unit.

Features

11 bedrooms
4 bathrooms
3 carspaces
3 garage spaces
Multi-Family

Estimated Value

We need at least 3 similar 11 bedroom multi families sold in Chicago over the last 12 months.

Property history for 1516 North Keystone Avenue

2025
Sold
$675,000
02 Jun 2025 by Dan Nelson, of Compass
2023
Sold
$550,000
27 Apr 2023 by Dan Nelson, of @properties Christie's International Real Estate

Happy sellers in Chicago

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We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.

Local market activity for 11 bedroom multi families in Chicago

In the last 12 months, 1 numeral.11-bedroom multi family similar to 1516 North Keystone Avenue, have been sold.

This represents a 67% increase in numeral.11-bedroom multi families sales when compared to the previous 12 months.

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