1516 North Keystone, Chicago IL 60651
$650,000

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Property Description

Investor alert in West Humboldt Park! This classic brick building is a legal 3-flat with an additional fully renovated 2-bedroom, 1-bath garden unit featuring front and rear egress. Situated on an oversized lot, the three large 3-bedroom, 1-bath units each offer formal dining rooms, high ceilings, hardwood floors, original built-ins, and enclosed back porches. The garden unit is currently vacant and ready to rent at market rates between 1,500-1,700 dollars/month, while the three main units are occupied and generating steady income. Recent improvements include two new furnaces and AC units (servicing three units), sump pump and flood control system, partial sewer line replacement, new stainless appliances in the basement, unit 2, and unit 3, a walkout door added to the basement, extended HVAC into the laundry, new washer and dryer, electrical upgrades, and a garage door opener for the 3-car garage. Roof is approximately 8 years old. All units have gas-forced air, central AC, and separate utilities. Shared laundry in basement. Garage provides extra income. Property is being sold as-is. Seller and broker make no representations as to the legal status of the garden unit.

Features & Information

Key Details

  • List Price $650,000
  • Property Taxes $8,912.71
  • Price/ Sq. Ft. Unavailable
  • Year Built 1912
  • Parking Type Garage
  • Status New

Rooms

  • Total Rooms 22
  • Basement P

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  3

Building Information

  • Number of Units 4
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling Gas
  • Units

  • Unit 1 Stove, Refrigerator, Dishwasher, Central Air Conditioner, Garage/Space, Hardwood Floors
  • Unit 2 Stove, Refrigerator, Dishwasher, Central Air Conditioner, Garage/Space, Hardwood Floors
  • Unit 3 Stove, Refrigerator, Dishwasher, Central Air Conditioner, Garage/Space, Hardwood Floors
  • Unit 4 Stove, Refrigerator, Central Air Conditioner

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property Keystone Is One Way Headed North, Property Just South Of North Ave.
  • Schools

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

  • Tax 8912.71
  • Tax Year 2023
  • Tax Exemptions Homeowner
  • Parcel Identification Number 16032090260000

Utilities

  • Sewer Sewer-Publ

Listed by Dan Nelson for Compass | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/24/2025 12:02 PM. 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 West Humboldt Park

A small up-and-coming, family-oriented area just west of spacious Humboldt Park, this primarily residential neighborhood mixes greenery and old homes with a splash of small businesses. As in many areas of Chicago, West Humboldt Park is a conventional development of detached, brick houses set off from the street by green grass lawns and long stretches of concrete sidewalks. Out on the major avenues, West Humboldt Parkers partake in delicious local menus at the dozen or so taquerias, pizza joints and sandwich shops in the vicinity. The retail stores in West Humboldt Park are good for quick errands and essential items. Mom-and-pop places reign supreme in this west side Chicago neighborhood, although a couple national establishments have made an appearance in recent years.

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