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6-Unit Brick Apartment Building
For Sale
$881,000
Pending

11250 Moraine Drive, Palos Hills, IL 60465

Well-maintained six-unit brick building offers a mix of studios, one-bedrooms, and a 3-bedroom with balconies and dedicated parking.

Property SizeContact for details
Days on Market54

Property Features for 11250 Moraine Drive

General Information

Standard status Pending
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $13,829

Amenities

1 Fireplace
Central air
Wall Sleeve Cooling

Building Details

Year Built 1974
Listing Agency: RE/MAX MI CASA
Listed By: MARIA CASTILLO · License #475122116
Source: Corcoran
Added: Jun 17 Changed: Aug 8 Last Checked: Jul 23 at 8:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX MI CASA

Investment Insights

Based on property information with market context.

This well-maintained 6-unit brick apartment building features a diverse rental mix that includes one 3-bedroom, 1.5-bath unit, four 1-bedroom units, and one studio apartment. Five of the six units include private balconies. The property also has a full basement that provides additional tenant storage space and includes coin-operated laundry facilities.

The building is located in Palos Hills within walking distance of Amos Alonzo Stagg High School. Additional nearby amenities include shopping, dining, parks, and transportation. The property is part of an HOA that maintains the private roads and provides snow removal services. Annual HOA dues are $750, paid in two installments.

Designed for tenants who want convenient daily living, each unit is assigned one dedicated parking space. With on-site laundry and added basement storage, the building supports self-sufficiency for residents while keeping the overall layout straightforward for day-to-day operations. The unit mix can also be attractive for an owner seeking a single property with multiple apartment types.

Key Highlights

  • 1974‑built, well‑maintained 6‑unit brick building with studio, 1‑bedroom, and 3‑bedroom unit mix
  • Units include one 3‑bedroom/1.5‑bath, four 1‑bedroom, and one studio; five units have private balconies
  • Full basement with tenant storage and coin‑operated laundry facilities for added on‑site income potential

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Garden Center HVAC Service

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

201
Businesses Nearby

Demographics for 60465, IL

18,530
Population
7,885
Households
2.4
Avg Household Size
42
Median Age
25%
College-Educated
87%
High-School Grad
4.3 sq mi
ZIP Area
4,309
Density / Sq Mi
$83,969
Median Household Income
$50,990
Median Earnings
$1,267
Median Rent
$259,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained six-unit brick building offers a mix of studios, one-bedrooms, and a 3-bedroom with balconies and dedicated parking.
Where is this apartment building located?
The property is located at 11250 Moraine Drive Palos Hills, IL.
What is the asking price?
The asking price for this property is $881,000.
What are key features of this property?
This property features: 1974‑built, well‑maintained 6‑unit brick building with studio, 1‑bedroom, and 3‑bedroom unit mix; Units include one 3‑bedroom/1.5‑bath, four 1‑bedroom, and one studio; five units have private balconies; Full basement with tenant storage and coin‑operated laundry facilities for added on‑site income potential
More about this property
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