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3517 W Palmer Street

Chicago, IL 60647
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Bed 8

Bed

Bath 3

Bath

This classic legal 3-flat, located on a quiet tree-lined street in the heart of Logan Square, offers a unique opportunity for both investors and owner-occupants. The property will be delivered with one vacant unit beginning August 1, creating an ideal opportunity for an owner-occupant to move in while benefiting from rental income from the remaining units. For investors, this also provides flexibility to immediately lease the unit at market rates or implement their own business plan. Property Highlights -Rare legal 3-flat with all three units above grade (no garden unit) -One unit delivered vacant beginning August 1 - ideal for owner-occupants (Unit 1) -Full unfinished basement with duplex-down potential (subject to the buyer verifying zoning, requirements, and city approval) -P otential future ADU opportunity (subject to the buyer verifying zoning, requirements, and city approval) Forced-air heating systems (3) and Central A/C in unit 3 with the ability to AC to units 1 and 2 -Recent building upgrades include the roof sealing and exterior concrete/masonry work -Parking w/ 2 rear spots -Washer & Dryer in the basement Just moments from Palmer Square Park, the 606 Trail, Blue Line access, and Logan Square's renowned dining, shopping, and entertainment options. Additional features include generous basement storage and free street parking. The property offers multiple paths for future value creation and a legal three-flat like this building is rare to find.

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Detail Ic Property Details

Property Type : Residential Income

Price : $849,000

AD Id : 85516633

MLS Id : MRD12681448

Beds : 8

Year Built : 1914

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 8

    Bathroom Information

    Total Baths: 3

    Room Information

    Rooms Total: 17
  • Flooring Information

    Construction Materials: Brick, Frame
  • Heating & Cooling

    Heating: Natural Gas, Forced Air WaterSource: Lake Michigan

  • Building Information

    Year Built: 1914

  • Lot Information

    Lot Dimensions: 25X126 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Income Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$849000

  • Tax Information

    Annual Tax: $12409.53 Tax Year: 2024 Parcel Number: 13352190090000 Tax Exemption: Homeowner,Senior,Senior Freeze

  • Parking Information

    Total Parking: 2 Off Alley, Yes, Owned Is Parking Included in Price: Yes

  • Utility Information

    Sewer: Public Sewer Water Source: Lake Michigan
  • Location Information

    City: Chicago Direction: Fullerton to Drake, South on Drake to Palmer, East on Palmer to 3517 W. Palmer
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ByOwner last updated this listing 06/23/2026 @ 06:20

MLS: MRED #12681448 LISTED BY: Kathleen Bak, Gates and Gables Realty 847-847-4200 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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