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    10601 S Hale Ave Chicago, IL 60643

    Picture of Apartment buildings at S Hale Ave 10601, Chicago, IL
    Under Contract
    For Sale
    $682,500

    Commercial Sale - Chicago, IL

    Property size:
    6,286 SF
    Days on Market:
    129
    Last Refresh:
    Dec 12 at 8:06 am

    Property Features for 10601 S Hale Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    APN
    25182070120000
    Size
    6,286 SF

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1956
    Number of units
    6
    Architectural style
    Other

    Emma M. Pearson (773) 633-9628 [email protected]

    Listing agent Emma Pearson (773) 633-9628 License #471017213

    Listing date Aug 6, 2025

    MLS# 12433142 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Multifamily Investment Opportunity

    This is a well-maintained 6-unit multifamily property located in Chicago's Beverly neighborhood. The property is fully occupied with long-term tenants. The building features some updates and a new roof on the 4-car garage. In addition to the garage, there are five additional parking spaces located in the back. The property is located steps away from the Metra train. The building has a total living area of 6286 square feet and is zoned MULTI.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6688255
    Latitude
    41.7009347

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained, fully occupied 6-unit building near Metra in Beverly.
    Where is this apartment building located?
    The property is located at 10601 S Hale Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $682,500.
    What are key features of this property?
    This property features: - Fully occupied 6-unit building, a great investment opportunity.; - Conveniently located steps away from Metra Train.; - Includes a 4-car garage with a new roof.
    (773) 633-9628
    Request Owner's contact information
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    Chicago, IL 60643
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10601 S Hale Ave Chicago, IL 60643
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