- Pending
406 N CHICAGO ST, Salt Lake City, UT 84116
$750,000
Est. $4,369/mo
- Beds
- 8
- Baths
- 4
- Sq ft
- 2,704
- Built
- 1962
About this home
Fantastic investment opportunity in an established neighborhood near Rose Park. This solid brick four plex is nestled among charming single-family homes in a peaceful residential area. Fully rented with several long-term tenants, this property offers immediate rental income and a great opportunity for investors looking to add to their portfolio or take advantage of end-of-year tax benefits. Includes covered parking, additional storage, washer/dryer in each unit, and a fenced yard. With solid construction, consistent rental history, and an attractive neighborhood, you won't want to miss out on this opportunity!
Features
- Range/Oven: Free Stdng.
- Dishwasher: Built-In
Agents
Connect with your buyer agent
Get local guidance on this home from Juston.
Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.
20 yrs experience
Listed by Carolyn Chavez
The Agency Salt Lake City
MLS #2190881
Your message goes only to Juston.
Schools
Salt Lake- Jackson
Elementary
- Northwest
Middle School
- West
High School
- Salt Lake Center for Science Education
High School · 1.3 mi
59% proficient - Salt Lake Arts Academy
K-8 School · 2.5 mi
56% proficient - Emerson School
K-8 School · 2.8 mi
58% proficient
Home details
Property
- Type
- Residential
- Style
- Quadruplex
- Architectural style
- Stories: 2
- Year built
- 1962
- Stories
- 0
- Condition
- Blt./Standing
- Construction
- Brick
- County
- Salt Lake
- Zoning
- Multi-Family
- MLS #
- 2190881
Costs
- List price
- $750,000
- Annual taxes
- $3,480
- Home warranty
- No
Lot and parking
- Lot
- 8,276 sqft
- Lot features
- Corner Lot,Curb & Gutter,Fenced: Part
- Covered spaces
- 4
- Total parking
- 8
Systems
- Heating
- Forced Air,Gas: Central
- Roof
- Asphalt
- Flooring
- Carpet,Hardwood,Vinyl
- Water
- Culinary
- Sewer
- Sewer: Connected
All home details49 details
Property Info
- Property Type
- Residential
- Property Style
- Quadruplex
- Architectural Style
- Stories: 2
- Condition
- Blt./Standing
- MLS #
- 2190881
- County
- Salt Lake
- Year Built
- 1962
- New Construction
- No
- Stories
- 0
- Total Rooms
- 0
- Living Area
- 2,704 sq ft
- Lot Size (Acres)
- 0.19
- Lot Size
- 8,276.4 sq ft
- Zoning
- Multi-Family
Bedrooms & Baths
- Bedrooms
- 8
- Total Bathrooms
- 4
Financial
- List Price
- $750,000
- Original Price
- $750,000
- HOA
- No
- Annual Taxes
- $3,480
- Home Warranty
- No
Structure
- Construction
- Brick
- Roof
- Asphalt
- Flooring
- Carpet,Hardwood,Vinyl
- Heating
- Forced Air,Gas: Central
Lot & Land
- Lot Features
- Corner Lot,Curb & Gutter,Fenced: Part
- Topography
- Corner Lot, Curb & Gutter, Fenced: Part, Terrain, Flat
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- No
- Carport
- Yes
- Covered Spaces
- 4
- Open Parking
- 4
- Total Parking
- 8
- ADU
- No
Amenities
- Fireplace
- No
- Pool
- No
- Spa/Hot Tub
- No
Utilities
- Water Source
- Culinary
- Sewer
- Sewer: Connected
- Utilities
- Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Schools
- Elementary
- Jackson
- Middle School
- Northwest
- High School
- West
- Elementary District
- Salt Lake
Timeline
- Listed
- Oct 5, 2026
- Days on Market
- 13
- Status
- Pending
- MLS Status
- Under Contract
Salt Lake City market
Explore Salt Lake CitySalt Lake City median
$548,900
This home: 37% above
Days to sell
54
Utah: 70
Homes for sale
801
Price range
$185k – $8M
Sale to list
98%
Market
Buyer's market
SafetyHigh Crime · 147.1 incidents per 1,000 residents · 217% above the Utah average
Safety rating 1.0 out of 10.
Violent
28.7
per 1,000 · national 3.6
Property
83.9
per 1,000 · national 17.6
vs Utah
+217%
46.4 per 1,000 statewide
vs Salt Lake
+118%
67.5 per 1,000 countywide
Society
34.5
per 1,000
Population 212,675 · 2024 reports · Local rates use NIBRS; national rates use FBI UCR index crimes, which count fewer offense types.
Location
406 N CHICAGO ST, Salt Lake City, UT 84116
Open in map searchCommon questions
About 406 N CHICAGO ST, Salt Lake City, UtahWhat is the asking price for 406 N CHICAGO ST, Salt Lake City?
406 N CHICAGO ST, Salt Lake City is listed at $750,000 ($277/sqft). Current status: Pending.
How long has 406 N CHICAGO ST, Salt Lake City been on the market?
This property has been listed for 13 days. The average days on market in Salt Lake City is 54 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.
What schools serve 406 N CHICAGO ST, Salt Lake City?
Assigned schools: Elementary: Jackson; Middle: Northwest; High: West. There are 3 schools within 3 miles of this property. The highest-rated nearby school is Salt Lake Center for Science Education with a 59% state performance score (1.3 miles away). School district: Salt Lake.
How does this listing compare to the Salt Lake City market?
406 N CHICAGO ST, Salt Lake City is listed at $750,000, which is above the Salt Lake City median of $548,900 by $201,100. There are currently 801 active listings in Salt Lake City. Homes in Salt Lake City sell in an average of 54 days. The average sale-to-list ratio is 98.3%.
What is the commute like from 406 N CHICAGO ST, Salt Lake City?
406 N CHICAGO ST, Salt Lake City is located in Salt Lake City, in the Wasatch Front region of Utah. With a population of approximately 199,000, Salt Lake City has good transportation access. Commute times vary by destination — most Wasatch Front cities are within 30-60 minutes of downtown Salt Lake City via I-15. Consider rush-hour traffic patterns when evaluating this location.
What would homeowner's insurance cost for 406 N CHICAGO ST, Salt Lake City?
Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $750,000, expect approximately $2,250-$3,750/year ($188-$313/month). Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.
All 8 questions
Could 406 N CHICAGO ST, Salt Lake City be a 1031 exchange property?
Yes, 406 N CHICAGO ST, Salt Lake City could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.
How many bedrooms and bathrooms does 406 N CHICAGO ST, Salt Lake City have?
This Residential features 8 bedrooms, 4 bathrooms, 2,704 square feet of living space. The lot is 0.19 acres.
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