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  • $675,000

    1516 N Keystone Ave, Chicago, IL 60651

    11beds
    --sqft
    Multi Family
    Built in 1912
    -- sqft lot
    $678,700 Zestimate®
    $--/sqft
    $1,431 Estimated rent

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    $4,593/mo

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    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: June 02, 2025 at 03:37pm

    Listing courtesy of:

    Dan Nelson 773-466-7150,

    Compass

    Bought with:

    Bruce Glazer

    @properties Christie's International Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12325723MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas
    Features
    • Windows: Screens
    • Basement: Finished,Partially Finished,Partial

    Property

    Parking
    • Total spaces: 3
    • Parking features: On Site, Garage Owned, Detached, Garage
    • Garage spaces: 3
    Lot
    • Size: 4,662 sqft
    • Dimensions: 37X126
    Details
    • Parcel number: 16032090260000
    • Zoning: MULTI
    • Special conditions: None
    • Other equipment: Sump Pump

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1912

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple
    Sell for more
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $678,700
    2% more+$13,574
    With Zillow Showcase(estimated)$692,274