About This Home

This 15-bedroom, 8-bathroom residential multi family at 1246 N Artesian Avenue in Chicago, IL is listed for $2,610,000. Built in 1889, on a N/A lot.

Key Features

  • Built in 1889
  • 3 stories

Property Details

3 stories
8 full
1889
Listing 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.

Monthly Cost Estimate

$13,959/mo

20% down · 6.5% · 30 years

Principal$1,888
Interest$11,310
Insurance$761

Estimates only. Actual payments may vary.

Location

1246 N Artesian Avenue

Chicago, IL 60622

Questions & Answers

This 15-bedroom, 8-bathroom residential multi family at 1246 N Artesian Avenue is listed at $2,610,000. The estimated monthly payment is $13,959 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1889, 3 stories.

This property is listed by Ian Luscombe.

IL

Ian Luscombe

Agent at Chicago Real Estate Resources

Listed by Chicago Real Estate Resources · Broker phone: (773) 327-9300 · View on Broker Site · Broker website

MLS# 12682951· Source: Midwest Real Estate Data, LLC· 127 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1246 N Artesian Avenue, Chicago, IL 60622

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