Building Details

Tenancy Multi

Listing Agency: SVN | Chicago Commercial p***@svn.com Show Phone

Listed By: Angelo Labriola · License #IL 475130926

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 3:40AM

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Investment Insights

Based on property information with market context.

This five-unit townhouse complex includes large units with three bedrooms and 2.5 baths, each with a full basement and a large outdoor patio. The units are configured as townhouse-style residences and feature master bedrooms with full baths, granite counters, and stainless-steel appliances. Garage parking is included, and each tenant is responsible for utilities and snow removal.

The property is located in Justice, Illinois with convenient access to I-294 and I-55, as well as Route 45 and Route 171. It is described as within walking distance to forest preserves, horse stables, medical, grocery, schools, and restaurants.

All units are currently rented.

Key Highlights

• 5‑unit townhouse complex with large 1,692 SF units
• Each unit offers 3 bed and 2.5 bath layout with master bedroom and full bath
• Full basements and a large outdoor patio included with all units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Building Supply Big Box & Wholesale 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

5

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

325

Businesses Nearby

Explore this area Business Placement

Demographics for 60458, IL

14,504

Population

5,710

Households

2.5

Avg Household Size

36

Median Age

17%

College-Educated

88%

High-School Grad

2.9 sq mi

ZIP Area

5,001

Density / Sq Mi

$59,443

Median Household Income

$37,490

Median Earnings

$1,219

Median Rent

$223,800

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 - Five rented townhome-style units offer large floorplans with full basements and outdoor patios.

Where is this apartment building located?

The property is located at 8969 W 83rd St Justice, IL.

What are key features of this property?

This property features: 5‑unit townhouse complex with large 1,692 SF units; Each unit offers 3 bed and 2.5 bath layout with master bedroom and full bath; Full basements and a large outdoor patio included with all units