318 W 24th Pl

Chicago, IL 60616

$688,000
Price
7
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a front view of a house with a street
a view of a large white building
a dining room with furniture a chandelier and wooden floor
a kitchen with stainless steel appliances a sink and cabinets
a bathroom with a sink and a bathtub
a bedroom with a bed and a dresser in it
a bathroom with a sink and a mirror
a kitchen with a sink stove and cabinets
a bathroom with a sink and a bathtub
a room with furniture a rug and a window
a bed room with a bed furniture and a chair
a kitchen with stainless steel appliances granite countertop a stove a sink and a refrigerator
a living room with furniture and a flat screen tv
a bedroom with a bed and a window
a workspace with furniture and a window
a bathroom with a granite countertop sink toilet and shower
a bedroom with a bed and a window
a bedroom with a bed and a window
a front view of a house with a garden
a front view of a house with a garden
a view of a white house with a big yard and potted plants

Description

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...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!
  1. Listed by ManChing Ng • Mango Realty Group
    P: (773)-886-0660 C: (773)-886-0660 michael@mangoRG.com

Property Details for 318 West 24th Place

Area
CHI - Armour Square
Township
South Chicago
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
LISTING UPDATED: 12/16/2025 12:07 AM

Property Details for 318 West 24th Place

StatusActive
MLS #12531212
Days on Market51
Taxes$9,443 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1890
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

Listing Courtesy of Mango Realty Group
Add your commute

Building Information for 318 West 24th Place

Stories-Residences3Year Built1890Building Size-Lot Size0.07 AC / 3,125 SF

Payment Calculator

$4,140 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,353

Property Taxes

$787

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 318 West 24th Place

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Yes, Garage Owned, Detached, Garage
Property Information
Interior Features
  • Num Of Rooms: 19
  • Bedrooms Total: 7
  • Bedrooms (Below Grade): 0
  • Community Features: Park, Sidewalks, Street Lights
  • Basement Type: Finished, Full
  • Bedrooms Possible: 7
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25 X 125
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Construction: Vinyl Siding, Brick
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: Commuter Bus
  • North Coordinate: 0
  • South Coordinate: 2400
  • East Coordinate: 0
  • West Coordinate: 318
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 21
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: M/M
Unit 2
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: M/M
Unit 3
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: M/M

Property History for 318 West 24th Place

DateEvent & SourcePriceAppreciation
Dec 10, 2025

Listed (Active)

MRED #12531212

$688,000—
Jan 20, 2017

Sold (Public Record)

Public Record #587674813

$303,000—
DateEvent & SourcePrice
12/10/2025

Listed (Active)

MRED #12531212

$688,000
01/20/2017

Sold (Public Record)

Public Record #587674813

$303,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 318 West 24th Place

Taxable ValueLand$13,750Additions$35,522Total$49,272
Tax Record2023$10,396 ($866 / month)
Home Facts
Baths2Total Finished SqFt1,622 SqFtAbove Grade Finished SqFt1,622 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1888CountyCOOKAPN17-28-221-025

Schools near 318 West 24th Place

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Haines Elementary School
Public - PK to 8
Phillips Academy High School
Public - 9 to 12
Art in Motion Charter School
Charter - 7 to 11
York Alternative High School
Public - 9 to 12
Rating
School
Distance
Haines Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Art in Motion Charter School
Charter7 to 11

York Alternative High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 318 West 24th Place, Chicago, IL 60616

318 West 24th Place is a multi-family home for sale in Chicago, IL 60616. This property was listed for sale on December 10, 2025 by Mango Realty Group, it's currently listed at $688,000. It has been on the market for a total of 51 days and was last sold on January 20, 2017. This listing's school district is Chicago Public Schools. Nearby schools include Haines Elementary School, Phillips Academy High School and Art in Motion Charter School. 318 West 24th Place is a 7-bed, 3-bath, multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mango Realty Group

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/16/2025 12:07 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.