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Chicago Multifamily Investment Opportunity
For Sale
$1,695,000

3130 W Chicago Avenue, Chicago, IL 60622

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.64 Acres
Days on Market352

Property Features for 3130 W Chicago Avenue

General Information

Property type Commercial Sale
Property subtype Other
Directions Chicago Ave to 3130 west
Subdivision CHI - Humboldt Park
Standard status Active
APN 16013190210000
Lot size 0.64 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 110000

Utilities

Cooling system Central Air

Building Details

Year built 1910
Floors in Building 2
Number of units 25
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Richard Schneider · License #475176570
Added: Sep 3, 2025 Changed: Aug 19 Last Checked: Aug 20 at 3:06PM
MLS# 12424491

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.

A multifamily property is available for purchase in Chicago, Illinois. The lot size is approximately 0.64 acres. The property is located in the 60622 postal code area of Cook County.

Key Highlights

  • Central air conditioning for year‑round comfort.
  • Year built: 1910.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Auto Parts Store Accounting Firm

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

Location Intelligence

Trade Area within ½ mile

1,593
Businesses Nearby

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
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 - Multifamily property for sale in Chicago, Illinois.
Where is this apartment building located?
The property is located at 3130 W Chicago Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Central air conditioning for year‑round comfort.; Year built: 1910.
More about this property
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