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Renovated Four-Unit Quadplex
For Sale
$630,000

720 W 61st Street, Chicago, IL 60621

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market31

Property Features for 720 W 61st Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 14
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 14, Bathroom 2, Bedroom 13, Basement, Bedroom 10, Bedroom 9, Bedroom 11, Bedroom 7, Bedroom 3, Bathroom 4, Bedroom 6, Bedroom 8, Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 12, Bedroom 5
Basement Full, Finished
Elementary school district 299
Middle school district 299
High school district 299
Directions From the north, take I-90/94 (Dan Ryan) south to 63rd Street, then east to Halsted and north to 61st Street. From the south, take I-90/94 north to 63rd Street, then east to Halsted and north to 61st Street. From the east, travel west on 61st Street to the property. From the west, travel east on 61st Street to the property. The property is just east of Halsted Street.
Subdivision CHI - Englewood
Standard status Active
APN 20163080240000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 2743

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1903
Building materials Brick
Listing Agency: Hunter's Realty, Inc.
Listed By: Kaela Clay · License #475190154
Added: Aug 11 Changed: Sep 2 Last Checked: Sep 10 at 1:06PM
MLS# 12730060

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 brick quadplex at 720 W. 61st Street contains four residential units: three four-bedroom apartments and one two-bedroom garden apartment. Unit upgrades include kitchen cabinetry, stainless steel appliances, updated lighting, bathroom vanities, flooring, refinished hardwood floors, and interior doors. Common-area improvements include new carpeting, two new hot water tanks, roof servicing, and basement waterproofing with fresh paint.

Built in 1903, the property occupies a double lot and uses natural-gas heating with public sewer service. The building is near public transportation, schools, parks, shopping, and major expressways. Portions of the common areas need minor work and some tuckpointing. The rear porch has existing city violations that are not safety-related and requires code-compliance work.

Key Highlights

  • Four‑unit configuration with three 4‑bedroom apartments and one 2‑bedroom garden unit
  • Double‑lot property at 720 W. 61st Street in Chicago, IL 60621
  • Extensive interior updates include kitchens, appliances, flooring, bathrooms, lighting, and doors

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Gym & Fitness Center Bakery Building Supply

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

865
Businesses Nearby

Demographics for 60621, IL

29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Four residential units include three four-bedroom layouts and a two-bedroom garden apartment.
Where is this quadplex located?
The property is located at 720 W 61st Street Chicago, IL.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Four‑unit configuration with three 4‑bedroom apartments and one 2‑bedroom garden unit; Double‑lot property at 720 W. 61st Street in Chicago, IL 60621; Extensive interior updates include kitchens, appliances, flooring, bathrooms, lighting, and doors
More about this property
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