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3018-3022 W North Ave 2 Unit Apartment Building $1,795,000 ($897,500/Unit) 5.25% Cap Rate Chicago, IL 60647

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Investment Highlights

  • Great location directly across from 207-acre Humboldt Park
  • Two vacant city lots next to property for parking, outdoor patio or development!
  • Fully-leased mixed-use building with 2 apartments and restaurant/bar

Executive Summary

3-story mixed-use building with two vacant city lots included. The fully-leased building is home to a restaurant/bar (known as Humble Bar), 1-bedroom/1-bath apartment, and one 3-bedroom/2-bath apartment. Total annual income is $94,200. The two vacant corner lots (50'x125') that are included with property and can be used for parking, outdoor patio for restaurant, or for development. Bring your ideas!

Property Facts

Price $1,795,000
Price Per Unit $897,500
Sale Type Investment
Cap Rate 5.25%
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Restaurant
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 4,206 SF
No. Stories 3
Year Built 1898
Zoning B3-3 - Shopping centers, large stores, and retail storefronts. Apartments permitted above the ground floor.
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 13-36-327-028-0000
  • 13-36-327-029-0000
  • 13-36-327-027-0000
Land Assessment
$52,500
Improvements Assessment
$54,145
Total Assessment
$106,645
  • Listing ID: 39453608

  • Date on Market: 2/16/2026

  • Last Updated:

  • Address: 3018-3022 W North Ave, Chicago, IL 60647

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