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  • $688,000

    318 W 24th Pl, Chicago, IL 60616

    7beds
    --sqft
    : 
    Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Sun-filled interiors
    Seize this rare opportunity to own a multi-unit property in the thriving heart of Chinatown-one of Chicago's most dynamic and rapidly growing neighborhoods! This versatile building offers two main units plus a finished basement unit, all equipped with central heating and cooling for year-round comfort. Sun-filled interiors and a 2-car garage add even more value to this exceptional offering. The property is currently occupied by long-term tenants, with rents priced far below market-creating immediate upside for the savvy investor. Whether you choose to renovate, reposition, or simply bring rents to market levels, the cash-flow potential is tremendous. Location is everything, and this one has it all: just steps from CTA transportation, restaurants, shops, parks, and banks, with unbeatable access to major highways. Convenience and demand in this area continue to rise. Additional Highlight: this property sits directly beside a large vacant lot poised for major future development in Chinatown. Owning next to a significant development site positions you perfectly to benefit from appreciation and increased neighborhood visibility. Opportunities like this are truly rare. Don't miss your chance to secure a high-potential multi-unit property in one of Chicago's most desirable and evolving communities!
    4 days
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    322
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    11
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    Zillow last checked: 8 hours ago

    Listing updated: December 10, 2025 at 08:33pm

    Listing courtesy of:

    ManChing Ng 773-886-0660,

    Mango Realty Group

    Source: MRED as distributed by MLS GRID,MLS#: 12531212MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Features
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Owned, Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 3,125 Square Feet
    • Dimensions: 25 X 125
    Details
    • Parcel number: 17282210250000
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Park, Sidewalks, Street Lights
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $492,720
    • Annual tax amount: $9,442
    • Date on market: 12/11/2025
    • Ownership: Fee Simple
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/11/2025Listed for sale$688,000+127.1%
    Source: MRED as distributed by MLS GRID #12531212 Report a problem
    1/23/2017Sold$303,000
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2023$10,396 +2.6%$49,272
    2022$10,134 -13.1%$49,272 -15%
    2021$11,663 +55.9%$58,000 +72.7%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $4,654/mo
    Principal & interest
    $3335
    Property taxes
    $1078
    Home insurance
    $241

      Climate risks

      Neighborhood: Chinatown

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • District: 299

      Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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