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Brick Quadplex Requiring Renovation
New
For Sale
$115,000

1111 W 61st Street, Chicago, IL 60621

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.08 Acres
Days on Market3

Property Features for 1111 W 61st Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 3, Bedroom 4, Basement, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1
Basement Full, Unfinished
Elementary school district 299
Middle school district 299
High school district 299
Directions 63rd St. to Morgan, South to 61st St., West to Property.
Subdivision CHI - Englewood
Standard status Active
APN 20174170050000
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4793

Utilities

Sewer type Public Sewer

Building Details

Year built 1895
Building materials Brick
Listing Agency: RE/MAX Mi Casa · RE/MAX International
Listed By: Claudia Galaviz · License #475210924
Added: Sep 19 Changed: Sep 21 Last Checked: Sep 21 at 9:06PM
MLS# 12764471

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 four-unit multifamily property is a brick building constructed in 1895 on a 0.08-acre lot. The interior has been gutted, leaving the property positioned for a substantial renovation. The existing room inventory includes 6 bedrooms, 4 bathrooms, and a basement. Public sewer serves the property, and the zoning designation is MULTI.

The building is offered in its current as-is condition and is subject to HUD Guidelines 24 CFR 206.125. Buyers should independently verify property condition, zoning, permits, and renovation requirements as part of their evaluation. The property is located in Chicago, Illinois, within ZIP Code 60621.

Key Highlights

  • Four‑unit brick multifamily building constructed in 1895
  • 0.08‑acre lot in Chicago, IL 60621
  • Interior is gutted and requires renovation

Property Analytics

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Current Use

Opus Institute of Chicago Vocational School Jonathan Cambry Tutoring Service

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Gym & Fitness Center Skin Care Clinic

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

877
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-unit multifamily property with brick construction, public sewer, and MULTI zoning.
Where is this quadplex located?
The property is located at 1111 W 61st Street Chicago, IL.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Four‑unit brick multifamily building constructed in 1895; 0.08‑acre lot in Chicago, IL 60621; Interior is gutted and requires renovation
More about this property
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