3503 West Palmer Street

Chicago IL 60647

0.07 ac.

Multi-Family

Last sold for $675,000

Aleksandar Videnovic, last sold this property on 17 March 2026 after -3 days on market.

Overview

Legal 2-unit building (with 3rd unit in process unless buyer would rather leave as-is) in an appreciating corridor of Logan Square with significant cash flow in place. The building sits immediately west of Palmer Square and Kedzie Boulevard, with nearby new-build single-family homes under contract near $1.5 million. The existing rent roll comprises approximately $62,400 of annual revenue, representing an 11.9 gross revenue multiple on in-place income. Property recently appraised at $750,000. All units feature in-unit laundry. A brand-new plumbing stack has been completed for the entire building, and new siding was completed in November 2025

Features

9 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

0.07 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 9 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 3503 West Palmer Street is $1m.

Median value

$1m

Estimated value range

$675k - $1.72m

Median days on market

Estimated value trend

-6%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3503 West Palmer Street

2026

Sold

$675,000

17 Mar 2026 by Aleksandar Videnovic, of Compass

2019

Sold

$485,000

17 Jun 2019 by Dhereck Gomez, of 33 Realty

Happy sellers in Chicago

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.