# 3328 W Chicago Avenue, Chicago, IL 60651 > **TL;DR:** 5bd/3ba residential multi family, $450,000, built 1909. Est. $2,406/mo. Listed 7 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $450,000 | | Bedrooms | 5 | | Bathrooms | 3 full | | Year Built | 1909 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 7 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,275 | | Estimated Insurance | $131 | | **Total** | **$2,406** | ## Nearby Schools - **High:** Oak Lawn Comm High School ## Property Highlights - Built in 1909 - 3 parking spaces ## Description ### Agent Description Exceptional turnkey investment opportunity in West Humboldt Park! Situated along the Chicago Avenue commercial corridor, this substantially renovated three-unit property offers an outstanding opportunity for investors seeking a versatile income-producing asset in a neighborhood experiencing significant public and private reinvestment. Thoughtfully updated throughout, the property features three legal residential units, including a distinctive first-floor residence offering incredible live/work potential. This unique space showcases soaring 12-foot ceilings, exposed brick, and an expansive open floor plan that combines industrial character with modern functionality. The second and third floors each feature spacious two-bedroom, one-bathroom apartments, providing multiple residential rental income opportunities. Strategically located near the Hamlin, Homan, and Chicago Avenue corridor, the property is positioned within an area benefiting from Chicago's INVEST South/West initiative, which is focused on revitalizing neighborhood commercial corridors through residential development, commercial investment, and infrastructure improvements. Nearby redevelopment includes The Ave, a major mixed-use project bringing new residential housing, commercial space, and community amenities to Chicago Avenue. With substantial renovations already completed, a flexible three-unit configuration, and convenient access to public transportation, neighborhood businesses, and major thoroughfares, this property presents a compelling opportunity for investors seeking immediate rental potential and long-term ownership value. Whether expanding an existing portfolio or acquiring a versatile multi-unit investment, this is a rare opportunity to own a renovated asset along one of West Humboldt Park's targeted redevelopment corridors. ## Location - **Address:** 3328 W Chicago Avenue, Chicago, IL 60651 - **County:** Cook - **Coordinates:** 41.895802, -87.710045 - **Google Maps:** https://www.google.com/maps?q=41.895802,-87.710045 ## Listing Agent - **Name:** David Schatz - **Brokerage:** Compass - **Broker Phone:** 3123191168 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3328-W-Chicago-Ave_Chicago_IL_60651_M75082-66771?f=listhub&s=MREDIL&m=12794894&c=propsimple) ## Photos ![3328 W Chicago Avenue - Photo 1](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f3542397209r.jpg) ![3328 W Chicago Avenue - Photo 2](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f300106099r.jpg) ![3328 W Chicago Avenue - Photo 3](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f671398790r.jpg) ![3328 W Chicago Avenue - Photo 4](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f1145761884r.jpg) ![3328 W Chicago Avenue - Photo 5](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f4097640702r.jpg) ![3328 W Chicago Avenue - Photo 6](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f1528888409r.jpg) ![3328 W Chicago Avenue - Photo 7](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f2051610585r.jpg) ![3328 W Chicago Avenue - Photo 8](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f1273805733r.jpg) ![3328 W Chicago Avenue - Photo 9](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f2761349311r.jpg) ![3328 W Chicago Avenue - Photo 10](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f2506445484r.jpg) ![3328 W Chicago Avenue - Photo 11](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f3187739438r.jpg) ![3328 W Chicago Avenue - Photo 12](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f3950063286r.jpg) ![3328 W Chicago Avenue - Photo 13](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f1391052977r.jpg) ![3328 W Chicago Avenue - Photo 14](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f4014236456r.jpg) ![3328 W Chicago Avenue - Photo 15](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f375904711r.jpg) ![3328 W Chicago Avenue - Photo 16](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f400946632r.jpg) ![3328 W Chicago Avenue - Photo 17](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f1721235865r.jpg) ![3328 W Chicago Avenue - Photo 18](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f1042233799r.jpg) ![3328 W Chicago Avenue - Photo 19](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f2627301590r.jpg) ![3328 W Chicago Avenue - Photo 20](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f1179515184r.jpg) ![3328 W Chicago Avenue - Photo 21](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f3573039730r.jpg) ![3328 W Chicago Avenue - Photo 22](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f1016599180r.jpg) ![3328 W Chicago Avenue - Photo 23](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f1396501699r.jpg) ![3328 W Chicago Avenue - Photo 24](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f667322633r.jpg) ![3328 W Chicago Avenue - Photo 25](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f2797638217r.jpg) ![3328 W Chicago Avenue - Photo 26](http://lh.rdcpix.com/4b15026996d8ff206c5d7679e620f64dl-f892918584r.jpg) --- **MLS#:** 12794894 | **Updated:** 2026-10-29 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/3328-w-chicago-avenue-chicago-il-60651-7cb2a611070b4d65a64de2880a8835ad) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/3328-w-chicago-avenue-chicago-il-60651-7cb2a611070b4d65a64de2880a8835ad#listing", "url": "https://www.propertysimple.ai/listing/3328-w-chicago-avenue-chicago-il-60651-7cb2a611070b4d65a64de2880a8835ad", "name": "3328 W Chicago Avenue, Chicago, IL 60651", "description": "Exceptional turnkey investment opportunity in West Humboldt Park! 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Strategically located near the Hamlin, Homan, and Chicago Avenue corridor, the property is positioned within an area benefiting from Chicago's INVEST South/West initiative, which is focused on revitalizing neighborhood commercial corridors through residential development, commercial investment, and infrastructure improvements. Nearby redevelopment includes The Ave, a major mixed-use project bringing new residential housing, commercial space, and community amenities to Chicago Avenue. With substantial renovations already completed, a flexible three-unit configuration, and convenient access to public transportation, neighborhood businesses, and major thoroughfares, this property presents a compelling opportunity for investors seeking immediate rental potential and long-term ownership value. 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