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7-Unit Multifamily Property
For Sale
$1,125,000

1448 S Rockwell Avenue, Chicago, IL 60608

Commercial Sale, Chicago, IL

Property SizeContact for details
Days on Market51

Property Features for 1448 S Rockwell Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 16
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 4, Bedroom 12, Bedroom 14, Bathroom 7, Bathroom 5, Bathroom 3, Bedroom 8, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 6, Bedroom 16, Bedroom 11, Bedroom 1, Bedroom 7, Bedroom 5, Bathroom 4, Bedroom 15, Bathroom 6, Bedroom 9, Bedroom 13, Bedroom 2, Bedroom 10, Bathroom 8
Directions Ogden West to Rockwell South - Corner Lot
Subdivision CHI - North Lawndale
Standard status Active
APN 16242170160000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 9074

Amenities

on-site coin laundry
gated parking pad

Building Details

Year built 1930
Floors in Building 3
Number of units 7
Listing Agency: Avenue 1 Realty Group
Listed By: Ronald Ohr · License #475103671
Added: Jul 14 Changed: Aug 20 Last Checked: Sep 2 at 12:06PM
MLS# 12705023

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This legal 7-unit multifamily property blends a spacious single-family home with a well-maintained 6-unit apartment building. The single-family residence offers four bedrooms and two full bathrooms, hardwood flooring throughout, a combined kitchen and dining area, central HVAC, and basement washer/dryer hookups. A gated rear parking pad provides secure off-street parking and can also serve as a private patio.

The neighboring 6-unit building consists entirely of updated two-bedroom, one-bathroom apartments. Units have been renovated within the past few years with newer flooring, updated kitchen cabinetry and appliances, updated lighting fixtures, and ceiling fans. Additional on-site income is generated through coin laundry located in the basement, and tenants are responsible for all utilities except water.

Zoned MULTI and built in 1930, the property is located directly across from Cinespace Chicago Film Studios in the Douglas Park neighborhood. It is within walking distance to Mount Sinai Hospital, Douglas Park, public transportation, and the CTA Pink Line station.

Key Highlights

  • Zoned MULTI and built in 1930
  • Legal 7‑unit setup with single‑family home plus a 6‑unit apartment building
  • 6 apartments updated to 2‑bed, 1‑bath configuration; renovations completed within the past few years

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Law Firm Real Estate Agency Kitchen & Bath Showroom Building Supply Computer & Electronic Repair Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,754
Businesses Nearby

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Legal 7-unit property combining a single-family home and a 6-unit building, with basement coin laundry and gated off-street parking.
Where is this apartment building located?
The property is located at 1448 S Rockwell Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Zoned MULTI and built in 1930; Legal 7‑unit setup with single‑family home plus a 6‑unit apartment building; 6 apartments updated to 2‑bed, 1‑bath configuration; renovations completed within the past few years
More about this property
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