1637 N Richmond

Exceptional investment opportunity offering the perfect blend of income potential and owner occupancy in one beautifully reimagined property. This gut-rehabbed 3-flat sits on an extra-wide 32-ft lot and includes both a detached garage and additional exterior parking, providing convenience rarely found in the city.

Quick Facts:

Fully gut-rehabbed and newly configured 3-unit investment opportunity on an extra-wide 31-foot lot, with substantial outdoor space and dedicated parking for every residence.
Extensive improvements include Hardie Board siding with rainscreen assembly, all-new windows, new drain tile system, separate utilities, ERVs for continuous fresh-air ventilation, in-unit laundry and designer finishes by Brock Lane Mettz Design.
Residence 1: Private 2-bed, 2-bath garden residence with its own entrance, open living and dining areas, LVP flooring and dedicated exterior parking.
Residence 2: Full main-level 3-bed, 2-bath residence with hardwood floors, chef’s kitchen, spa-inspired primary bath, front and rear yard access and dedicated garage parking.
Penthouse: Dramatic 4-bed, 2-bath duplex-up with zoned HVAC, chef’s kitchen, flexible home office, architectural skylights, private primary level with adjoining family room and dedicated garage parking.
Ideally located 1.5 blocks south of Logan Square, between The 606 and Humboldt Park, with convenient access to neighborhood dining, retail, parks, trails and expressways.
Excellent investment opportunity with $132,600 in projected annual income and a projected 6.1% cap rate.
Targeted completion Q4 2026.

Details are subject to change; reach out for up-to-date info and with any questions.