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$712,000
6
beds
3
baths

3116 S Canal Street
Chicago, Illinois 60616

Closed / MLS #12382498 / Multiple Unit (2-4) / Bridgeport
Listing information updated 7/26/2025 at 10:23am
First Time on the Market in 40 Years - Turnkey 3-Unit in the Heart of Bridgeport! This exceptionally well-maintained legal three-unit building is a rare find in one of Bridgeport's most desirable locations. Pride of ownership shows throughout, with nearly one hundred thousand dollars in upgrades over the past four years-this is a turnkey investment. All units have separate utilities, and individual HVAC systems with central air. Most of the mechanicals have been replaced in the past 3 years. The rear porch was rebuilt and is city code compliant. Windows have been replaced, along with exterior doors. The top two units were recently remodeled with modern finishes. The basement is large, empty, and clean. The detached two car garage and shared coin operated laundry add additional income. The property is fully occupied with leases through Spring 2026, offering immediate cash flow. Current rents are below market value. Located just steps from Bridgeport's growing retail corridor, the Red Line, Guaranteed Rate Field, IIT, and the lakefront, this is an unbeatable location for long-term value and tenant demand.
Exterior Type:
Brick
Basement:
Unfinished,Full
Beds Above Grade:
6
Heating System:
Natural Gas
Pool:
No
Age:
100+ Years
Roof Type:
Flat
Parking Type:
Garage - On Site,Garage Owned,Detached,Garage
Parking Spaces:
2
Garage:
Detached
Room Count:
23
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Acreage:
0.07
Tax Amount:
$8,905
Tax Year:
2023
Zip Code:
60616
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Coldwell Banker Real Estate Group

Listing Office Phone: 312.492.7900

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 7/26/2025 at 10:23am. 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. Some listings have been excluded from this website.

Bridgeport

Bridgeport, IL

Bridgeport is the birthplace of five Chicago mayors and the home of the Chicago White Sox. But that’s only part of its story. Today, the close-knit neighborhood is experiencing a renaissance of sorts. In recent years, residential developers have jumped on opportunities to convert older warehouses...

CTA

CTA
Orange line at Halsted
CTA
Red line at Sox/35th
$526,610
Average Sale Price
51
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 3116 S Canal Street, Chicago, IL 60616
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3116 S Canal Street, Chicago, IL 60616 is a multiple unit (2-4) which sold for $712,000. 3116 S Canal Street features 6 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since June 3rd, 2025. The nearest transit stops include Halsted CTA Orange line.

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