1246 N Artesian AVE, Chicago, IL 60622
1246 N Artesian AVE, Chicago, IL 60622
1246 N Artesian AVE, Chicago, IL 60622
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$2,599,000
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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12682951

Maintenance Fees $2,000

Year Built 1889

Annual Tax Amount $21,850

Tax Year 2025

Lot Dimensions 25X126

Property Sub-Type Multi Family 5+

Property Description

CRER is proud to exclusively present 1246 N Artesian Ave, a fully gut-renovated 8-unit multifamily asset located in the heart of Chicago's premier West Town neighborhood. This turnkey building features a highly desirable unit mix of predominantly 2-bedroom apartments, each outfitted with modern finishes, updated layouts, and secure digital entry systems, all set on a quiet, tree-lined street. The property has undergone a comprehensive, top-to-bottom renovation, delivering a truly stabilized asset with immediate in-place cash flow and minimal capital expenditure requirements. Investors benefit from a low-maintenance building with strong operating fundamentals and long-term durability. Strategically positioned just off the bustling Division Street corridor, the asset is surrounded by some of the city's best dining, nightlife, and boutique retail, while offering seamless access to public transportation. This prime location continues to drive consistent tenant demand and strong rental performance. Opportunities to acquire a fully renovated, income-producing asset of this caliber in West Town are exceedingly rare. 1246 N Artesian Ave offers investors a compelling blend of stability, location, and long-term upside in one of Chicago's most sought-after rental markets.

Location

State IL

County Cook

Area Chi - West Town

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+


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Midwest Real Estate Data (MRED) IDX
Listed by Ian Luscombe of  Chicago Real Estate Resources 

Nearby Locations

Restaurants
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Public Services & Government
Local Events & Flavor
  • Furious Spoon

    1571 N Milwaukee Ave, Chicago, IL 60622

    Ramen Phone: 773-687-8445

  • Taco Truck

    1650 N Ashland ave, Chicago, IL 60622

    Food Stands

  • Geek Bar

    1941 W North Ave, Chicago, IL 60622

    Cocktail Bars Phone: 773-687-9824

  • Lillie’s Q

    1856 W North Ave, Chicago, IL 60622

    Barbeque Phone: 773-772-5500

  • SFCO

    1941 W North Ave, Chicago, IL 60622

    American (New) Phone: 773-687-9824

  • Nellie’s

    2458 W Division St, Chicago, IL 60622

    Breakfast & Brunch Phone: 773-252-5520

  • West On North

    2509 W North Ave, Chicago, IL 60622

    American (Traditional) Phone: 773-278-7710

  • Enso Sushi & Bar

    1613 N Damen Ave, Chicago, IL 60647

    Japanese Phone: 773-878-8998

  • Club Lucky

    1824 W Wabansia Ave, Chicago, IL 60622

    Italian Phone: 773-227-2300

  • Cumin

    1414 N Milwaukee Ave, Chicago, IL 60622

    Indian Phone: 773-342-1414

  • Cup & Spoon

    2415 W North Ave, Chicago, IL 60647

    Coffee & Tea Phone: 773-697-4421

  • Mana Food Bar

    1742 W Division St, Chicago, IL 60622

    Vegan Phone: 773-342-1742

  • Red Square Cafe And Lounge

    1914 W Division St, Chicago, IL 60622

    Russian Phone: 773-227-2284

  • Crocodile

    1540 N Milwaukee Ave, Chicago, IL 60622

    Pizza Phone: 773-252-0880

  • The Shambles Chicago

    2050 W Division St, Chicago, IL 60622

    Sandwiches Phone: 773-486-0200

  • Pizza Hut

    1601 N Western Ave, Chicago, IL 60647

    Italian Phone: 773-342-1700

  • Taxim

    1558 N Milwaukee Ave, Chicago, IL 60622

    Greek Phone: 773-252-1558

  • Chris’ North Land Tavern & Grill

    1610 W North Ave, Chicago, IL 60622

    American (New) Phone: 773-342-8181

  • The Monarch

    1745 W North Ave, Chicago, IL 60622

    Gastropubs Phone: 773-252-6053

  • Sushi Para M

    1633 N Milwaukee Ave, Chicago, IL 60647

    Sushi Bars Phone: 773-252-6828

  • Lucky’s Sandwich Company

    1635 N Milwaukee Ave, Chicago, IL 60647

    Sandwiches Phone: 773-292-2765

  • Lokal

    1904 W North Ave, Chicago, IL 60622

    Breakfast & Brunch Phone: 773-904-8113

  • Tocco

    1266 N Milwaukee Ave, Chicago, IL 60622

    Italian Phone: 773-687-8895

  • Sweet Rice

    1746 N Western Ave., Chicago, IL 60647

    Thai Phone: 773-687-9311

  • Schwa

    1466 N Ashland Ave, Chicago, IL 60622

    American (New) Phone: 773-252-1466

  • Jay’s Beef

    2255 W North Ave, Chicago, IL 60647

    American (Traditional) Phone: 773-772-2333

  • Chris’ Northland Tavern & Grill

    1610 W North Ave, Chicago, IL 60622

    American (Traditional) Phone: 773-342-8181

  • New China

    2438 W Division St, Chicago, IL 60622

    Chinese Phone: 773-394-9188

  • MAK Restaurant

    1924 W Division St, Chicago, IL 60622

    Asian Fusion Phone: 773-772-6251

  • Milk & Honey Cafe

    1920 W Division St, Chicago, IL 60622

    Breakfast & Brunch Phone: 773-395-9434

  • Wingstop

    1637 N Milwaukee Ave, Chicago, IL 60647

    American (New) Phone: 773-235-9464

  • Falafel & Grill

    1317 N Milwaukee Ave, Chicago, IL 60622

    Middle Eastern Phone: 773-292-8888

  • Jerry’s

    1938 W Division St, Chicago, IL 60622

    Sandwiches Phone: 773-235-1006

  • Dove’s Luncheonette

    1545 N Damen Ave, Chicago, IL 60622

    Tex-Mex Phone: 773-645-4060

  • Mirai Sushi

    2020 W Division St, Chicago, IL 60622

    Japanese Phone: 773-862-8500

  • Enoteca Roma Ristorante

    2146 W Division St, Chicago, IL 60622

    Italian Phone: 773-772-7700

  • Dawg En V

    1608 W North Ave, Chicago, IL 60622

    Hot Dogs Phone: 773-772-6000

  • POTBELLYS

    1625 N Damen Ave, Chicago, IL 60647

    Sandwiches Phone: 773-772-5501

  • Lucia’s Gourmet Italian Cuisine

    1825 W North Ave, Chicago, IL 60622

    Italian Phone: 773-292-9700

  • Zio Pino’s Place

    1814 W North Ave, Chicago, IL 60622

    Italian Phone: 773-394-3868

  • Mindy’s Hot Chocolate

    1747 N Damen Ave, Chicago, IL 60647

    American (Traditional) Phone: 773-489-1747

  • Native Foods Cafe

    1484 N Milwaukee Ave, Chicago, IL 60622

    American (New) Phone: 773-489-8480

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1246 N Artesian AVE