New ListingExclusively engaged to market for sale 1852 W. Wabansia Ave., a six-unit apartment building in the heart of Bucktown, one of Chicago's most sought-after neighborhoods. Ideally situated just steps from the 606 Bloomingdale Trail and the iconic six-way intersection of Milwaukee, North, and Damen Avenues, the property offers residents exceptional access to Bucktown and Wicker Park's renowned restaurants, bars, nightlife, retail, and entertainment. The property is also conveniently located just 0.3 miles from the Damen & Milwaukee/North CTA Blue Line Station, and only 0.6 miles from the Kennedy Expressway, providing excellent transit and regional accessibility. Beyond its location, the building offers rare diversification, with six distinct unit types: one (1) studio, one (1) 1 Bed/1 Bath, one (1) 1 Bed/2 Bath duplex-down, one (1) 2 Bed/2 Bath duplex-down, one (1) 2 Bed/2 Bath duplex-up, and one (1) 3 Bed/2 Bath duplex-up. This mix appeals to a broad range of renters and reduces reliance on any one segment of the rental market, a level of diversification rarely found in a six-unit property. Every unit has in-unit laundry, and tenants pay their own gas and electricity. The well-maintained units offer a straightforward mark-to-market opportunity and strong income upside potential. The full Offering Memorandum, including the rent roll and operating statement, is available upon request.
| MLS # | 12786701 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active |
| Year | 1887 |
| Days On Site | 2 |
| Listing Provided By | Essex 312, LLC | Niko Apostal |
| SQ Feet | 4,827 |
|---|---|
| Story(s) | 3 |
| Units | 6 |
| Cooling | Central Individual |
|---|---|
| Fireplaces Total | 0 |
| Roof | Composition, Membrane |
|---|---|
| Construction Materials | Brick |
| Electric | Circuit Breakers, Separate Meters |
|---|
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 28116.11 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60622 |
| Area | CHI West Town |
| Listing VS Median (in 60622) | |
Price: $1,995,000 low | high Med: $397,000 sqft: 4,827 low | high Med: 1,025 $ / sqft: $413 low | high Med: $399 On site: 2 low | high Med: 33 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60622 |
| Area | CHI West Town |
| Listing VS Median (in 60622) | |
Price: $1,995,000 low | high Med: $397,000 sqft: 4,827 low | high Med: 1,025 $ / sqft: $413 low | high Med: $399 On site: 2 low | high Med: 33 | |
![]() | $1,949,5001940 W Wabansia AvenueChicago, IL 60622 |
![]() | $2,295,0001842 N Wood StreetChicago, IL 60622 |