


1246 N Artesian AvenueChicago, IL 60622
Commercial · 3 Beds1246 N Artesian Avenue Overview
- Time on Site:
- 7 days
- Visits:
- 0
CRER is proud to exclusively present 1246 N Artesian Ave, a fully gut-renovated 8-unit multifamily asset located in the heart of Chicago's premier West Town neighborhood. This turnkey building features a highly desirable unit mix of predominantly 2-bedroom apartments, each outfitted with modern finishes, updated layouts, and secure digital entry systems, all set on a quiet, tree-lined street. The property has undergone a comprehensive, top-to-bottom renovation, delivering a truly stabilized asset with immediate in-place cash flow and minimal capital expenditure requirements. Investors benefit from a low-maintenance building with strong operating fundamentals and long-term durability. Strategically positioned just off the bustling Division Street corridor, the asset is surrounded by some of the city's best dining, nightlife, and boutique retail, while offering seamless access to public transportation. This prime location continues to drive consistent tenant demand and strong rental performance. Opportunities to acquire a fully renovated, income-producing asset of this caliber in West Town are exceedingly rare. 1246 N Artesian Ave offers investors a compelling blend of stability, location, and long-term upside in one of Chicago's most sought-after rental markets.
1246 N Artesian Avenue Facts & Features
- Type Commercial
Details
General
Income/Expenses
- Other Expense: 6481
- Electric Expense: 2596
- Fuel Expense: 5709
- Gross Income: 214800
- Insurance Expense: 7698
- Maintenance Expense: 2000
- Net Operating Income: 161927
- Operating Expense: 54092
- Trash Expense: 2665
- Water Sewer Expense: 2593
Building Information
- Year Built: 1889
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - West Town
Tax Information
- Tax Annual Amount: $21,850.00
- Tax Year: 2025
General Information
- Parcel Number: 16012280220000
- Property Type: Commercial Sale
Interior
General Information
- Stories: 3
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 25X126
General Information
- Number Of Units Total: 8
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 2
- Baths Total: 1
- Units Total: 7
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 1
- Baths Total: 1
- Units Total: 1
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 0
- Units Total: 0
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 0
- Units Total: 0
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 0
- Units Total: 0
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 0
- Units Total: 0
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
1246 N Artesian Avenue Neighborhood
Community
60622 (Chicago) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1246 N Artesian Avenue Monthly Cost
1246 N Artesian Avenue Market Data
Based on the last 30 days in this zip code
1246 N Artesian Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: MRED | Active |
|
| 6/22/2026Source: MRED | June 22, 2026 |
|
| 6/20/2022Source: MRED | January 27, 2022 |
|
| 6/20/2022Source: MRED | January 27, 2022 |














