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9-Unit Brick Apartment Building
For Sale
Under Contract
$649,900

5501 W Quincy Street, Chicago, IL 60644

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.16 Acres
Days on Market45

Property Features for 5501 W Quincy Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 15
Bathrooms 9
Full bathrooms 9
Rooms Bathroom 6, Bathroom 4, Basement, Bedroom 13, Bedroom 9, Bedroom 11, Bedroom 14, Bathroom 5, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 15, Bedroom 8, Bedroom 1, Bedroom 7, Bedroom 6, Bathroom 3, Bedroom 10, Bathroom 9, Bedroom 3, Bathroom 7, Bedroom 12, Bathroom 8
Basement Unfinished
Directions N on Lotus, W on Quincy to subject
Subdivision CHI - Austin
Standard status Active Under Contract
APN 16161090200000
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 9992

Utilities

Cooling system Window Unit(s)

Building Details

Year built 1926
Floors in Building 3
Number of units 9
Building materials Brick
Listing Agency: Parkvue Realty Corporation
Listed By: Anthony Disano · License #471010606
Added: Jul 16 Changed: Aug 20 Last Checked: Aug 29 at 3:06AM
MLS# 12707310

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 9-unit apartment building was constructed in 1926 with brick construction and a unit mix consisting of six 2-bedroom/1-bath apartments and three 1-bedroom/1-bath apartments. Window unit cooling is provided, and the property includes a basement. The building is being sold strictly as-is.

The property occupies a 0.16-acre corner lot at 5501 W Quincy Street in Chicago’s 60644 ZIP Code. It is designated MULTI under the stated zoning information. No survey is available, and the buyer will assume responsibility for all code compliance requirements.

Key Highlights

  • 9‑unit apartment building with six 2‑bedroom/1‑bath units and three 1‑bedroom/1‑bath units
  • Brick construction dating to 1926
  • 0.16‑acre corner lot at 5501 W Quincy Street, Chicago, IL 60644

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

909
Businesses Nearby

Demographics for 60644, IL

47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
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 with a balanced mix of one- and two-bedroom apartments on a corner lot.
Where is this apartment building located?
The property is located at 5501 W Quincy Street Chicago, IL.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 9‑unit apartment building with six 2‑bedroom/1‑bath units and three 1‑bedroom/1‑bath units; Brick construction dating to 1926; 0.16‑acre corner lot at 5501 W Quincy Street, Chicago, IL 60644
More about this property
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