318 W 24th Place
Chicago, Illinois 60616

New / MLS #12531212 / Multiple Unit (2-4) / Armour Square
Listing information updated 12/10/2025 at 10:43pm
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!

Listing Office: Mango Realty Group

Listing Office Phone: 773.886.0660

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 12/10/2025 at 10:43pm. 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.


Not quite what you are looking for?

Similar listings for sale near 318 W 24th Place, Chicago, IL 60616


Like the area?

More homes for sale near 318 W 24th Place, Chicago, IL 60616


318 W 24th Place, Chicago, IL 60616 is a multiple unit (2-4) currently listed at $688,000. 318 W 24th Place features 7 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since December 10th, 2025 and was built in 1890. The nearest transit stops include Halsted CTA Orange line.