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    1607 S Sawyer Ave Chicago, IL 60623

    For Sale
    $420,000

    Residential Income - Chicago, IL

    Days on Market:
    78
    Last Refresh:
    Dec 8 at 7:06 am

    Property Features for 1607 S Sawyer Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen
    Bedrooms
    9
    APN
    16234070020000

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Roof type
    Rubber
    Architectural style
    Other

    Hometown Real Estate (773) 870-2773 [email protected]

    Listing agent Barbara Kieca (773) 870-2773 License #475153778

    Listing date Sep 22, 2025

    MLS# 12477360 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

    Residential Income Near Douglas Park

    Two adjoining greystone buildings are being offered as a package. The properties feature a total of 18 beds and 6 baths, with potential for expansion. One of the properties has the option to purchase an adjacent double wide lot. The buildings are in a prime location across the street from Douglas Park, home of Riot Fest, and offer easy access to public transportation. Situated approximately 5 miles from the West Loop and Ogilvie Transportation Center, the properties also provide convenient access to downtown amenities. The properties are intended for residential income purposes and are suitable for investors or developers.
    Property Profile Insight Report 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
    -87.7063243
    Latitude
    41.8588171

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    FAQs

    What type of property is this?
    Apartment building - Two adjoining greystone buildings near Douglas Park, ideal for investors.
    Where is this apartment building located?
    The property is located at 1607 S Sawyer Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: - Package deal featuring two adjoining greystone buildings (1607 and 1609 S. Sawyer) with 18 beds and 6 baths, perfect for investors/developers.; - Prime location directly across from Douglas Park (home of Riot Fest) and easy public transportation access.; - Significant expansion potential within the existing buildings.
    (773) 870-2773
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    1607 S Sawyer Ave Chicago, IL 60623
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    Chicago, IL 60623
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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
    1607 S Sawyer Ave Chicago, IL 60623
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