Vintage Brick 3-Unit Apartment
For Sale
Contact for pricing
Pending
1516 N Keystone Ave, Chicago, IL 60651
Brick 3-unit with a 2BR/1BA garden in-law unit, enclosed porches, central air, and separate utilities, plus basement laundry.
Property SizeContact for details
Days on Market137
Property Features for 1516 N Keystone Ave
General Information
Standard status
Pending
Total Parking Spaces
3
Property subtype
Multifamily
Additional Details
Multifamily Units
4
Listing Agency:
@properties East Lincoln Park
Listed By:
Alex Burki · License #IL
Source:
Crexi
Added: Apr 11
Changed: Aug 12
Last Checked: Aug 24 at 11:24AM
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 @properties East Lincoln Park
Investment Insights
Based on property information with market context.
Brick, legal 3-unit apartment building on an oversized lot in West Humboldt Park. The property includes three large 3BR/1BA units, each with bright living rooms, formal dining rooms, eat-in kitchens, enclosed back porches, original woodwork, high ceilings, large windows, hardwood floors, and built-in hutches. In addition, there is a bonus 2BR/1BA garden in-law unit. All units are served by gas forced heat, central air, and separate utilities. Shared laundry is located in the basement.
The roof is approximately 8 years old. A 3-car garage on-site provides additional income. The building is being sold AS-IS. Tenants are described as nice, many long-term, with most on month-to-month terms; one lease is scheduled to end 12/31/22. A seller closing cost credit is noted with a contract by Labor Day.
The roof is approximately 8 years old. A 3-car garage on-site provides additional income. The building is being sold AS-IS. Tenants are described as nice, many long-term, with most on month-to-month terms; one lease is scheduled to end 12/31/22. A seller closing cost credit is noted with a contract by Labor Day.
Key Highlights
- Legal 3‑unit brick building on an oversized lot, plus a 2BR/1BA garden in‑law unit
- Three large 3BR/1BA units with bright living rooms, formal dining rooms, eat‑in kitchens, and enclosed back porches
- Original features include high ceilings, large windows, hardwood floors, and built‑in hutches
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,298
Businesses Nearby
Explore this area
Business Placement
Demographics for 60651, IL
62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick 3-unit with a 2BR/1BA garden in-law unit, enclosed porches, central air, and separate utilities, plus basement laundry.
Where is this apartment building located?
The property is located at 1516 N Keystone Ave Chicago, IL.
What are key features of this property?
This property features: Legal 3‑unit brick building on an oversized lot, plus a 2BR/1BA garden in‑law unit; Three large 3BR/1BA units with bright living rooms, formal dining rooms, eat‑in kitchens, and enclosed back porches; Original features include high ceilings, large windows, hardwood floors, and built‑in hutches
