Three-Unit Apartment
For Sale
Contact for pricing
Pending
8745 S Houston Ave, Chicago, IL 60617
Three-unit building with an unfinished basement and 10-foot ceilings, including a currently vacant unit.
Property SizeContact for details
Days on Market116
Property Features for 8745 S Houston Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Kale Realty
Listed By:
Lyle Harlow · License #IL
Source:
Crexi
Added: Apr 12
Changed: Jul 21
Last Checked: Aug 5 at 12:20PM
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 Kale Realty
Investment Insights
Based on property information with market context.
This three-unit apartment building includes an unfinished basement with 10-foot high ceilings, which may allow for duplexing possibilities. New vinyl siding was installed in 2022, and two of the units received new HVAC systems in 2020. The building also has newer electric services. Unit 3 is currently vacant, while the two occupied units are on month-to-month terms.
The property is being sold “as is.” Current collected income is described as $1,400 total per month from the two occupied units on month-to-month leases, with the third unit vacant at the time of sale.
The property is being sold “as is.” Current collected income is described as $1,400 total per month from the two occupied units on month-to-month leases, with the third unit vacant at the time of sale.
Key Highlights
- 3‑unit apartment building in South Shore with an unfinished basement and 10‑foot ceilings
- Unit 3 is currently vacant
- Current tenants are month‑to‑month with total rents of $1,400 per month
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
860
Businesses Nearby
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Business Placement
Demographics for 60617, IL
77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit building with an unfinished basement and 10-foot ceilings, including a currently vacant unit.
Where is this triplex located?
The property is located at 8745 S Houston Ave Chicago, IL.
What are key features of this property?
This property features: 3‑unit apartment building in South Shore with an unfinished basement and 10‑foot ceilings; Unit 3 is currently vacant; Current tenants are month‑to‑month with total rents of $1,400 per month
