Listing provided courtesy of Essex 312, LLCMREDas Distributed by MLSGrid- MLS# 12689822MLS Provider

844 W Lakeside PlaceChicago, IL 60640

Commercial · 7 Beds
$2,950,000 New

844 W Lakeside Place Overview

Time on Site:
21 hours
Visits:
1

844-846 W. Lakeside Pl., a classic center-entrance six-flat apartment building located in Chicago's Uptown neighborhood, a short walk from Lake Michigan and Montrose Harbor. The Property consists of five (5) three-bedroom/two-bathroom units and one (1) four-bedroom/two-bathroom unit, with each apartment measuring approximately 1,600 square feet. The Offering also includes five (5) garage parking spaces and a basement workspace currently rented for $550/month. Tenants have large private storage spaces in the basement as well. The apartments showcase preserved vintage character - coffered ceilings, wainscoting, crown molding, decorative fireplaces, and built-in cabinetry - paired with select unit-level updates including refinished hardwood floors, quartz countertops, stainless-steel appliances, HVAC, in-unit washer/dryers, and renovated bathrooms. Capital improvements include a fully rebuilt rear porch system (2023) and a 400-amp electrical service upgrade (2016). A new owner may choose to pursue additional cosmetic renovations to kitchens and bathrooms to push rents above current market levels, building on the unit modernization already completed elsewhere in the building. The Property may also support the addition of an Accessory dwelling unit (ADU) or two, pending city approval. 844-846 W. Lakeside Pl. is ideally situated on a quiet, tree-lined street one block from the Lakefront Trail and Montrose Harbor, with three CTA stations nearby - Lawrence Red Line (7 minutes), Wilson Red/Purple (8 minutes), and Argyle Red Line (10 minutes) - all providing direct service to the Loop.

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844 W Lakeside Place Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 2400
  • Electric Expense: 1075
  • Fuel Expense: 3380
  • Gross Income: 238320
  • Gross Scheduled Income: 262511
  • Insurance Expense: 4881
  • Maintenance Expense: 3000
  • Net Operating Income: 179793
  • Operating Expense: 69592
  • Trash Expense: 2919
  • Water Sewer Expense: 5733

Building Information

  • Year Built: 1910

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Uptown

Tax Information

  • Tax Annual Amount: $28,328.01
  • Tax Year: 2024

General Information

  • Parcel Number: 14172050340000
  • Property Type: Commercial Sale

Interior

General Information

  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 7501
  • Lot Size Square Feet: 7501

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 3
  • Baths Total: 2
  • Units Total: 5

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 4
  • Baths Total: 2
  • Units Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

844 W Lakeside Place Neighborhood

Community

60640 (Chicago) Demographics

37
Median Age
26,211
Population Density (per sq. mile)
64%
College Educated
$59,516
Estimated Median Income
11,366
Estimated Total Home Owners
24,645
Estimated Total Renters
32% / 68%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

844 W Lakeside Place Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

844 W Lakeside Place Market Data

Based on the last 30 days in this zip code

$470,748
Average List Price
$453
Average Price per Square Foot
71
Properties Sold
42
Average Days on Market
136
Properties for Sale
Calculations provided by Reliance Network

844 W Lakeside Place History

Date Event Value Agent
6/29/2026Source: MRED Added to Database
June 29, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022