ESTATE SALE. AS-IS. Rarely available Two-Flat in the highly sought-after Little Italy / University Village neighborhood of Chicago. This property offers great bones and a solid layout, presenting a value-add opportunity for an investor or owner-occupant, but will require work. Garage is in poor condition and is considered a tear-down. The location benefits from a strong and consistent renter base, driven by close proximity to UIC, the Illinois Medical District, Downtown Chicago, and major transportation corridors. University Village and Little Italy continue to see steady rental demand from students, medical professionals, and urban commuters. The property is also just steps from Taylor Street's well-known restaurants, neighborhood amenities, parks, and public transit. Property is being sold AS-IS as an estate sale. No warranties or representations are provided, as the seller has limited knowledge of the property. A compelling opportunity to renovate and reposition a classic two-unit building in one of Chicago's most established Near West Side neighborhoods.
Multi-familyProperty Type
1890Year Built
2,613 sq ftLot Size
3 spacesParking
Listed by William Lundy• Brookline Real Estate LLC
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
Parking
Parking Information
# of Parking (Total): 3
Interior
Bathroom Information
# of Baths (Full): 2
Bedroom Information
# of Bedrooms: 4
# of Bedrooms Possible: 4
Additional Rooms Information
Basement: Unfinished, Full
Interior Features
# of Rooms: 10
Unit Type 1 Information
Floor Number: 1
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: 0
Tenant Pays: Other
Lease Expiration Date: 0
Unit Type 2 Information
Floor Number: 2
# of Rooms: 2
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Tenant Pays: Other
Lease Expiration Date: 0
Exterior
Building Information
# Of Units in Building: 2
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Construction Materials: Brick
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 17174110120000
Lot Information
Dimensions: 26x100
Lot Size: Less Than .25 Acre
Financial
Tax Information
Tax Annual Amount: $10,404
Tax Year: 2023
Financial Information
Finance Code: Renovation Loan
Special Service Area: N
Utilities
Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer
Heating & Cooling
Heating: Radiator(s)
Location
School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Location Information
Township: West Chicago
Corporate Limits: Chicago
Directions: From I-290 (Eisenhower Expressway): Head east on I-290. Take the Clinton St. exit and keep left. Continue on Clinton St. approximately 1.5 miles. Turn right on Van Buren St., then left on Halsted St. Continue to South Aberdeen St. Turn right - property will be on the left at 723 S Aberdeen St, Chicago, IL 60607.
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,936
Stories: 2.0
Lot Size: 2,600 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1890
Year Renovated: —
County: Cook County
APN: 17174110120000
Home facts updated by county records on Sep 16, 2026
Other
Listing Information
Holds Earnest Money: No
Possession: Closing
Some Photos Virtually Staged?: No
Teams Information
Buyer Team Name: The Alvarado Properties Group LLC
Around this home
Schools
Smyth J Elementary School
Public PreK-8 • Assigned • 0.5mi
2/10
Wells Community Academy High School
Public 9-12 • Assigned • 2.0mi
1/10
Provided by GreatSchools
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
3/10 Heat Factor
7 days above 99° expected this year, 14 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 • 60607
Average low and high temperatures (°F)
31
17
39
25
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36
62
45
68
53
81
66
85
72
81
68
79
64
68
53
52
40
38
24
Jan
Feb
Mar
Apr
May
Jun
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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.
10.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$634,000 – $767,000
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