Introducing 2322 West Rice, a remarkable legal six-unit building nestled in the heart of Ukrainian Village. This all-brick gem on an extra-wide lot offers a wealth of enticing features and recent updates that make it a fantastic investment opportunity. Each apartment within the building is thoughtfully designed to provide modern comforts and stylish living spaces. Featuring two bedrooms and one bathroom, these units have been tastefully updated to offer a luxurious experience. The renovations in 2021 have brought a fresh and contemporary feel to each apartment, ensuring tenants will enjoy a high standard of living. Among the notable features are the brand-new luxury bathrooms and kitchens, exuding elegance and functionality. Imagine stepping into a bathroom adorned with premium fixtures and finishes, creating a spa-like ambiance for relaxation. The kitchens are a chef's dream, boasting stainless steel appliances that lend a sleek and modern touch to the space. These upgraded kitchens will inspire culinary creativity and make meal preparation a delight. In addition to the stylish interiors, the building also offers convenient amenities. Each unit includes its own in-unit laundry facilities, providing residents with the ease and comfort of doing laundry right at home. Central air and heat ensure year-round comfort, allowing tenants to adjust the temperature according to their preferences. Moreover, recent upgrades to the electrical and plumbing systems guarantee a hassle-free living experience, while the comprehensive interior rehabilitation, including the bathrooms, kitchens, and floors, adds to the overall appeal and value of the property. Situated in the vibrant Ukrainian Village, this building enjoys a prime location with an abundance of amenities, trendy dining establishments, and boutiques just a stone's throw away. Residents will appreciate the dynamic and convenient lifestyle this sought-after neighborhood offers. Don't miss the opportunity to own this exceptional six-unit building with its attractive features and recent updates. Whether you're an astute investor or seeking an income-generating property, 2322 West Rice presents an enticing prospect. Embrace the possibilities and seize this remarkable investment in the heart of Ukrainian Village.
Multi-familyProperty Type
1903Year Built
3,690 sq ftLot Size
Listed by Joseph Kotoch• Compass
Bought with Jessica McDonogh• Peacocke Properties, LLC
Beautiful brick 6 unit in Ukrainian Village. With 2bd/1ba each, this property has tremendous upside rental potential. Dine-in kitchens, hardwood floors, separate living and dining rooms, central HVAC, and enclosed balconies. Coin laundry in building bringing in $200 per month. Currently bringing in $6500 per month in gross income with room to bring rents up to market value.
Year
Property tax
Land + Additions
Assessment*
2023
$23,557 (+2.9%)
$25,830 + $85,485
$111,315
2022
$22,896 (+2.3%)
$25,830 + $85,485
$111,315
2021
$22,384 (+27.3%)
$25,830 + $85,485
$111,315
2020
$17,590 (−2.4%)
$12,546 + $66,415
$78,961
2019
$18,028 (+1.7%)
$12,546 + $77,183
$89,729
2018
$17,724 (+19.0%)
$12,546 + $77,183
$89,729
2017
$14,894 (+7.5%)
$11,070 + $58,118
$69,188
2016
$13,858 (+9.3%)
$11,070 + $58,118
$69,188
2015
$12,678 (+28.8%)
$11,070 + $58,118
$69,188
2014
$9,846 (+2.0%)
$9,225 + $43,843
$53,068
2013
$9,651 (+1.3%)
$9,225 + $43,843
$53,068
2012
$9,523 (−20.2%)
$9,225 + $43,843
$53,068
2011
$11,927 (−0.4%)
$12,546 + $61,055
$73,601
2010
$11,977 (+4.4%)
$12,546 + $61,055
$73,601
2009
$11,477 (−7.6%)
$12,546 + $61,055
$73,601
2008
$12,426 (+1.0%)
$14,021 + $72,601
$86,622
2007
$12,302
$14,021 + $72,601
$86,622
Tax history for 2322 W Rice St
Year
Property tax
Land + Additions
Assessment*
2023
$23,557 (+2.9%)
$25,830 + $85,485
$111,315
2022
$22,896 (+2.3%)
$25,830 + $85,485
$111,315
2021
$22,384 (+27.3%)
$25,830 + $85,485
$111,315
2020
$17,590 (−2.4%)
$12,546 + $66,415
$78,961
2019
$18,028 (+1.7%)
$12,546 + $77,183
$89,729
2018
$17,724 (+19.0%)
$12,546 + $77,183
$89,729
2017
$14,894 (+7.5%)
$11,070 + $58,118
$69,188
2016
$13,858 (+9.3%)
$11,070 + $58,118
$69,188
2015
$12,678 (+28.8%)
$11,070 + $58,118
$69,188
2014
$9,846 (+2.0%)
$9,225 + $43,843
$53,068
2013
$9,651 (+1.3%)
$9,225 + $43,843
$53,068
2012
$9,523 (−20.2%)
$9,225 + $43,843
$53,068
2011
$11,927 (−0.4%)
$12,546 + $61,055
$73,601
2010
$11,977 (+4.4%)
$12,546 + $61,055
$73,601
2009
$11,477 (−7.6%)
$12,546 + $61,055
$73,601
2008
$12,426 (+1.0%)
$14,021 + $72,601
$86,622
2007
$12,302
$14,021 + $72,601
$86,622
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
12
Baths
6
Stories
3
Lot width
—
Lot depth
—
Lot size
3,690 Sq. Ft.
Year renovated
—
Sq. Ft.
6,150
Year built
1912
Style
Multi-Family (5+ Unit)
County
Cook County
APN
17063240270000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 12, 2026.
RT-4
Residential Two-Flat, Townhouse and Multi-Unit District
The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service
Property details
Interior
Equipment
# Of Dishwashers: 6
# Of Ranges: 6
# Of Washers: 6
# Of Dryers: 6
Unit Type 1 Information
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 6
Monthly Income: $1,950
Monthly Income Max: $2,400
Unit Type 2 Information
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Unit Type 3 Information
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Unit Type 5 Information
# of Bathrooms (Total): 2
# of Full Bathrooms: 2
Unit Type 6 Information
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Exterior
Building Information
# of Units: 6
Built Before 1978 (Y/N): Yes
Property Information
Property Type: Multi Family 5+
Parcel Number: 17063240270000
Lot Information
Dimensions: 30X123
Financial
Tax Information
Tax Annual Amount: $26,400
Tax Year: 2022
Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 10.7
Total Monthly Income: $13,074
Gross Income: $156,888
Utilities
Heating & Cooling
Heat/Ventilation: Central Heat/Indiv Controls,Gas
Location
Location Information
Township: West Chicago
Directions: Chicago to Oakley, north to Rice, west to 2322
Public facts
Beds: 12
Baths: 6.0
Sq. Ft.: 6,150
Stories: 3.0
Lot Size: 3,690 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1912
Year Renovated: —
County: Cook County
APN: 17063240270000
Home facts updated by county records on Jul 12, 2026
Other
Expense Information
Insurance Expense: $4,800
Listing Information
Some Photos Virtually Staged?: No
Around this home
Schools
Chopin Elementary School
Public PreK-8 • Assigned • 0.2mi
4/10
Clemente Community Academy High School
Public 9-12 • Assigned • 0.4mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
6 days above 100° expected this year, 12 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60622
Average low and high temperatures (°F)
31
17
39
25
54
36
61
45
67
52
81
65
85
72
82
69
78
64
68
53
52
40
38
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.