1607 S Sawyer Avenue Chicago, IL 60623
New
- Added:
- Apr 12, 2026
- Days on Market:
- 4
- Last Refresh:
- Apr 15 at 8:06 pm
Property Features for 1607 S Sawyer Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Kitchen, Bedroom 5, Bathroom 3, Bedroom 8, Bathroom 1, Bedroom 9, Bedroom 3, Bedroom 1, Basement, Bedroom 7, Bedroom 4, Bedroom 6, Bedroom 2, Bathroom 2
- Basement
- Finished, Full
- Standard status
- Active
- APN
- 16234070020000
- Size
- 1,500 SF
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 1905
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Building materials
- Brick
- Roof type
- Rubber
Listing agent Barbara Kieca License #475153778 (773) 625-1121
Listing office Hometown Real Estate 7700 W. Belmont Ave., Chicago, IL (773) 625-1121
Listing date Apr 12, 2026
MLS# 12617108
Listing URL
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.
Overview
Chicago Multifamily Investment Opportunity
Located in close proximity to downtown Chicago and across the street from Douglas Park, the properties at 1607 & 1609 Sawyer Avenue present a real estate opportunity in a rapidly appreciating area with convenient access to amenities and transportation. These greystone buildings feature a total of 18 bedrooms and 6 baths, with over 1500 sq ft of living space or storage. The new owner of 1607 S. Sawyer has the option to purchase an adjusted double lot on 16th Street at Fair Market Value, confirmed with the City of Chicago, for additional opportunities. Both buildings are fully tenant-occupied, with rents currently below market value, presenting an opportunity for adjustment after cosmetic rehabilitation at the buyer's discretion. Each unit contains its own dedicated HVAC, water heater, and electrical panels. The buildings are priced based on recent comparable sales in the area. The buyer would need to purchase the property subject to existing tenants. The seller will entertain offers for each building individually but prefers both buildings to be sold as a package deal, potentially offering further savings to the buyer, with a quick closing preferred. The zoning is MULTI.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.706319
- Latitude
- 41.858809
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Prime real estate near downtown Chicago with income potential.
Where is this apartment building located?
The property is located at 1607 S Sawyer Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Prime real estate opportunity near downtown Chicago and across from Douglas Park in a rapidly appreciating area.; Two Greystone buildings (1607 & 1609 Sawyer) featuring a total of 18 bedrooms and 6 bathrooms.; Option to purchase an adjacent double lot on 16th Street at Fair Market Value (FMV).
