2265 W Diversey Avenue, Chicago IL 60647
$850,000

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Property Description

Prime Logan Square/Bucktown investment opportunity! Updated, vacant and ready for its next owner, this legal 2-flat offers an ideal opportunity for an investor or owner-occupant looking to generate rental income in a highly desirable Chicago location. Each unit features 3 bedrooms, 2 full bathrooms, abundant natural light, updated kitchens with granite countertops, updated bathrooms, and in-unit laundry. The unfinished basement provides additional potential for future improvements or convert to a non-conforming third unit. Recent improvements include new flooring in the units, a new roof that was replaced in 2025 and new porch/decks in 2023. Outside, the fully fenced yard offers valuable outdoor space along with a 2-car garage and an additional exterior parking pad. Ideally situated between Logan Square, Bucktown, and Avondale with convenient access to public transportation, the expressway, shopping, dining, Target, Costco, and more. A fantastic opportunity to acquire a recently vacant multifamily property with flexibility and long-term investment potential.

Features & Information

Key Details

  • List Price $850,000
  • Property Taxes $11,064
  • Year Built 1908
  • Status Active
  • List Market Time 7

Units

  • Unit 1

  • Floor 1
  • Rooms 5
  • Beds 3
  • Baths 2
  • Appliances Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Window Air Conditioner, Garage/Space
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires VAC
  • Unit 2

  • Floor 2
  • Rooms 5
  • Beds 3
  • Baths 2
  • Appliances Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Window Air Conditioner, Garage/Space
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires VAC

Exterior Features

  • Parking

  • # of Cars:  3

Building Information

  • Number of Units 2
  • Age of Building 100+ Years

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property Take I-94 Kennedy And Get Off On Diversey Exit 46b And Head East.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 11064.32
  • Tax Year 2025
  • Tax Exemptions None
  • Parcel Identification Number 14303000130000

Listed by Tim Lorimer for Compass | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/1/2026 1:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Bucktown

Trendy restaurants and independent shops mingle with classic neighborhood spots and unique artists' galleries in one of Chicago's most established and eclectic west side neighborhoods. Bucktown is a mecca of popular dining establishments that attract people from all over the city to enjoy a nice dinner out, or just grab a bite before heading off to catch a live music show. The menu choices in Bucktown are endless, covering all the culinary cravings, and the nightlife here is just as satisfying with block after block of hip lounges, packed pubs and casual bars that all host live bands and DJs to keep the party going until close. On top of being one of Chicago's most sought-after weekend hangouts, the neighborhood is also home to a thriving art and theater scene. Poetry readings and one-man comedy acts share the stage with traveling musicians and local painters.

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