O'Neil Property Group

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$1,200,000
109 Days On Site

2040 W Charleston Street
Chicago, IL 60647

For Sale|Multi Family|Active Under Contract
8
Beds
4
Total Baths
1887
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Vesta Preferred LLC
2040 W Charleston Street2040 W Charleston Street2040 W Charleston Street2040 W Charleston Street
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A phenomenal Bucktown location, zero vacancy, and an incredible rent roll - this classic four-flat is a rare fully-leased investment opportunity, with all four units occupied at market rents and income in place from day one. Set a half-block west of Damen on a quiet residential street surrounded by single-family homes, the building offers four full-floor units, each with two bedrooms, one bath, hardwood floors throughout, in-unit laundry, and independently updated mechanicals - HVAC, electrical, and plumbing serving each unit separately. Several systems were replaced between 2019 and 2024, and Unit 1F was fully remodeled in 2020, keeping deferred maintenance light for years to come. Gated entry, a shared deck, and two to three exterior parking spaces at the rear round out the building. Location does the heavy lifting on rental demand here: the 606 Trail, Walsh Playground, and Mariano's all sit within a short walk, the Blue Line is under a mile away, and I-94 access is just blocks off - the kind of walkability that keeps units leased and turnover low. A walk-up of this vintage is some of Bucktown's most resilient building stock, ideally suited to a long-term hold. Strong bones, a strong corner of the city, and a stabilized, fully-performing asset in one of Chicago's most in-demand neighborhoods.

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Listing Snapshot
Price 
$1,200,000
Days On Site 
109 Days
Bedrooms 
8
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.05 Acres
Year Built 
1887
MLS® Number 
12688343
Status 
Active Under Contract
Property Tax 
$15,038.57
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active Under Contract
3 months agoPrice changed to $1,200,000
4 months agoListing first seen on site
General Features
Acres 
0.05
Foundation 
Concrete Perimeter
Parking 
Driveway
Parking Spaces 
3
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Zoning 
MULTI
Interior Features
Basement 
None
Heating 
Forced Air
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Exterior Features
Construction Details 
Vinyl Siding
Roof 
Asphalt
Community Features
MLS Area 
CHI - Logan Square
School District 
299
Township 
West Chicago
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Vesta Preferred LLC



Based on information submitted to the MLS GRID as of 2026-10-14 08:36 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-10-14 08:36 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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