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Four-Unit Residential Income Building
For Sale
$899,000
Pending

646 W 35th Street Chicago, Chicago, IL 60616

Four-unit building on two full lots with 3-car garage and finished basement living space.

Property Size5,707 SF
Days on Market43

Property Features for 646 W 35th Street Chicago

General Information

Standard status Pending
Size 5,707 SF
Total Parking Spaces 5
Property subtype Two to Four Units
Zoning MULTI

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $14,465

Amenities

Partially Finished,Exterior Entry,Full,Walk-Out Access
6
11
4
Lake Michigan
5
(312) 943-6500
48X125
0.13
No
Garage Door Opener,Yes,Garage Owned,Detached,Unassigned,Off Alley,Owned,Garage

Building Details

Year Built 1924
Tenancy Multi
Listing Agency:
Listed By: Jaycee Ochoa
Source: Remaxadream
Added: Jul 9 Changed: Aug 8 Last Checked: Jul 23 at 3:02AM

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 Jaycee Ochoa

Investment Insights

Based on property information with market context.

This four-unit residential income building offers finished space across multiple levels and a layout that includes an expanded owner’s flat. The owners’ unit features additional space added through an addition, bringing the configuration to an estimated size comparable to a standalone single-family home, with 2 living rooms/dining areas, 2 kitchens, 3 bedrooms, and 2 baths. The basement includes a finished family room with a bar and fireplace, along with additional finished space in the forward portion of the basement, and the property also benefits from hardwood flooring and trim.

The building sits on two full lots and includes a 3-car garage plus 2–3 pad parking spaces, supporting practical onsite parking for tenants and guests.

Overall, the property presents a distinctive multi-unit setup with extensive finished space and parking on-site.

Key Highlights

  • 4‑unit building with 6 full baths and 11 bedrooms, on 2 full lots totaling 0.13 acres
  • Over 6,700 Sq Ft of finished space, including a partially finished walk‑out basement with exterior entry
  • Owners’ unit expanded by an addition to about the size of a SFH at 2,275 Sq ft, featuring 2 LRs/dining and 2 kitchens with 3 BRs and 2 baths

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Barber Shop Wine and Liquor 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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,591
Businesses Nearby

Demographics for 60616, IL

54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Four-unit building on two full lots with 3-car garage and finished basement living space.
Where is this quadplex located?
The property is located at 646 W 35th Street Chicago Chicago, IL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 4‑unit building with 6 full baths and 11 bedrooms, on 2 full lots totaling 0.13 acres; Over 6,700 Sq Ft of finished space, including a partially finished walk‑out basement with exterior entry; Owners’ unit expanded by an addition to about the size of a SFH at 2,275 Sq ft, featuring 2 LRs/dining and 2 kitchens with 3 BRs and 2 baths
More about this property
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