318 W 24th Place
Seize this rare opportunity to own a multi-unit property in the thriving heart of Chinatown-one of Chicago's most dynamic and rapidly growing neighborhoods! This versatile building offers two main units plus a finished basement unit, all equipped with central heating and cooling for year-round comfort. Sun-filled interiors and a 2-car garage add even more value to this exceptional offering. The property is currently occupied by long-term tenants, with rents priced far below market-creating immediate upside for the savvy investor. Whether you choose to renovate, reposition, or simply bring rents to market levels, the cash-flow potential is tremendous. Location is everything, and this one has it all: just steps from CTA transportation, restaurants, shops, parks, and banks, with unbeatable access to major highways. Convenience and demand in this area continue to rise. Additional Highlight: this property sits directly beside a large vacant lot poised for major future development in Chinatown. Owning next to a significant development site positions you perfectly to benefit from appreciation and increased neighborhood visibility. Opportunities like this are truly rare. Don't miss your chance to secure a high-potential multi-unit property in one of Chicago's most desirable and evolving communities!
- Tai Ho Yee Food Company 850 ft
- HuaFeng Restaurant 850 ft
- Sze Chuan Cuisine 850 ft
- Evergreen Restaurant 900 ft
- Carbon Mexican Grill 950 ft
- Yummy Yummy Noodles 950 ft
- Silver State City Food Company 850 ft
- Best Choice Oriental Grocery 950 ft
- Happy Market 0.2 mi
- Park To Shop Supermarket 0.3 mi
- Fat Lee Supermarket 0.3 mi
- FreshMart 0.3 mi
- Sun Yat-Sen Park 250 ft
- 26th Street Park 0.2 mi
- Park No. 540 0.3 mi
- The Park at NTA 0.4 mi
- Daniel Hale Williams Park 0.5 mi
- Sintic Park 0.5 mi
- Oriental Tea House 0.3 mi
- Hey Tea 0.3 mi
- Starbucks 0.3 mi
- Molly Tea 0.3 mi
- Uni Uni Bubble Tea 0.4 mi
- TE'AMO Boba Bar 0.4 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12607967