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12-Unit Apartment Building
For Sale
$574,900

8743 S Beverly Avenue, Chicago, IL 60620

MULTI_FAMILY - Chicago, IL

Property SizeContact for details
Days on Market357

Property Features for 8743 S Beverly Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 13
Bathrooms 12
Full bathrooms 12
Rooms Bathroom 2, Bedroom 4, Bedroom 11, Bathroom 8, Bedroom 6, Bathroom 11, Bathroom 12, Bedroom 5, Bathroom 1, Bedroom 9, Bedroom 2, Bedroom 3, Bedroom 13, Bedroom 1, Bedroom 12, Bathroom 5, Bathroom 3, Bedroom 8, Bathroom 9, Bathroom 6, Bathroom 7, Bedroom 10, Bathroom 10, Bedroom 7, Bathroom 4
Directions SOUTH OF 87TH ST, EAST SIDE OF BEVERLY AVE
Subdivision CHI - Auburn Gresham
Standard status Active
APN 25062000870000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 12930

Amenities

laundry room

Building Details

Year built 1964
Floors in Building 3
Number of units 12
Listing Agency: Chicago Real Estate Resources
Listed By: Finley Askin · License #471021038
Added: Aug 19, 2025 Changed: Aug 9 Last Checked: Aug 10 at 10:06AM
MLS# 12450550

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 12-unit apartment building was built in 1964 and is currently mostly vacant. The unit mix includes five two-bedroom units, three one-bedroom units, and four studio units. There is a laundry room on-site and 12 exterior parking spaces available for residents.

Vacant units will require renovation, including updates to kitchens and baths. The building’s mechanical systems (heating, electric, and plumbing) are older but in working condition. The roof is near the end of its useful life, which should be considered in any ownership planning.

Located at 8743 S Beverly Avenue in Chicago (60620), the property offers an investor-focused opportunity to reposition the interiors and restore the units for re-occupancy.

Key Highlights

  • 12‑unit apartment building with mostly vacant current occupancy status
  • Five two‑bedroom, three one‑bedroom, and four studio units
  • Laundry room on‑site plus 12 exterior parking spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service (Bike/Boat/Book/etc) Store

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

862
Businesses Nearby

Demographics for 60620, IL

66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
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 - 12-unit apartment building with on-site laundry, exterior parking, and a unit mix of two-, one-, and studio units.
Where is this apartment building located?
The property is located at 8743 S Beverly Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $574,900.
What are key features of this property?
This property features: 12‑unit apartment building with mostly vacant current occupancy status; Five two‑bedroom, three one‑bedroom, and four studio units; Laundry room on‑site plus 12 exterior parking spaces
More about this property
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