Building Details

Year Built 1906

Listing Agency: Kale Realty k***@kalerealty.com Show Phone

Listed By: Keith Martin · License #IL

Source: Crexi

Added: Nov 23, 2025 Changed: Aug 7 Last Checked: Jul 25 at 2:21PM

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Investment Insights

Based on property information with market context.

This multiunit building, situated on a double lot, presents a rehabber's opportunity. The property, offered as-is, requires TLC and is suitable for rental income or a quick flip. Tax proration is set at 100%. The location provides convenient access to the expressway and is near public transportation.

Key Highlights

• Multiunit building on a double lot, perfect for rental income or a quick flip.
• Easy access to the expressway.
• Steps to public transportation.

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Building Supply (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.

Location Intelligence

Trade Area within ½ mile

583

Businesses Nearby

Explore this area Business Placement

Demographics for 60628, IL

62,832

Population

28,736

Households

2.2

Avg Household Size

41

Median Age

24%

College-Educated

87%

High-School Grad

11.0 sq mi

ZIP Area

5,712

Density / Sq Mi

$49,719

Median Household Income

$35,974

Median Earnings

$1,168

Median Rent

$158,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multiunit building on a double lot, perfect for rental income.

Where is this multifamily property located?

The property is located at 10540 S Lafayette Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $50,000.

What are key features of this property?

This property features: Multiunit building on a double lot, perfect for rental income or a quick flip.; Easy access to the expressway.; Steps to public transportation.