11-Unit Apartment
For Sale
Contact for pricing
Pending
3054 N Major Ave, Chicago, IL 60634
Value-add multifamily property with 8 legal units and 3 non-conforming garden units, including five 1-bedroom and six 2-bedroom units.
Property Size6,100 SF
Days on Market507
Property Features for 3054 N Major Ave
General Information
Standard status
Pending
Size
6,100 SF
Total Parking Spaces
3
Property subtype
Multifamily
Additional Details
Cap Rate
9.13%
Multifamily Units
11
Building Details
Year Built
1932
Units
11
Listing Agency:
Kiser Group
Listed By:
Danny Logarakis · License #IL
Source:
Crexi
Added: Apr 19, 2025
Changed: Aug 14
Last Checked: Sep 7 at 7:10AM
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 Kiser Group
Investment Insights
Based on property information with market context.
3054 N. Major Ave is an 11-unit apartment building with a mix of eight legal units and three non-conforming garden units. The unit mix includes six 2Bd/1Ba apartments and five 1Bd/1Ba apartments, and the building is described as having hardwood flooring throughout.
Building systems include individual HVAC, separate water heaters, and a mix of galvanized and copper plumbing. The property also includes three garage parking spaces.
The offering is positioned as value-add, with the reported opportunity for strategic updates and renovations aimed at increasing rents.
Building systems include individual HVAC, separate water heaters, and a mix of galvanized and copper plumbing. The property also includes three garage parking spaces.
The offering is positioned as value-add, with the reported opportunity for strategic updates and renovations aimed at increasing rents.
Key Highlights
- 1932‑built 11‑unit apartment building with 8 legal units and 3 non‑conforming garden units
- Unit mix includes six 2Bed/1Ba and five 1Bed/1Ba units, with hardwood flooring
- Each unit has individual HVAC and separate water heaters
Property Analytics
Current Use
Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
1,527
Businesses Nearby
Explore this area
Business Placement
Demographics for 60634, IL
75,694
Population
29,344
Households
2.6
Avg Household Size
41
Median Age
27%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
10,661
Density / Sq Mi
$84,997
Median Household Income
$46,694
Median Earnings
$1,271
Median Rent
$333,900
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?
Apartment building - Value-add multifamily property with 8 legal units and 3 non-conforming garden units, including five 1-bedroom and six 2-bedroom units.
Where is this apartment building located?
The property is located at 3054 N Major Ave Chicago, IL.
What are key features of this property?
This property features: 1932‑built 11‑unit apartment building with 8 legal units and 3 non‑conforming garden units; Unit mix includes six 2Bed/1Ba and five 1Bed/1Ba units, with hardwood flooring; Each unit has individual HVAC and separate water heaters
