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Mixed-Use Multifamily Building
For Sale
$1,795,000

808 W 76th Street, Chicago, IL 60620

45-unit building with six commercial spaces, featuring updated electric and a newer boiler from 2020.

Property Size27,565 SF
Days on Market76

Property Features for 808 W 76th Street

General Information

Standard status Active
Size 27,565 SF
Property subtype Multifamily

Additional Details

Cap Rate 11%
Multifamily Units 45

Building Details

Building Size 27,565 SF
Listed By: Noah Birk · License #IL #475125864
Source: Kisergroup
Added: Jun 23 Changed: Aug 31 Last Checked: Sep 5 at 6:05AM

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 Noah Birk

Investment Insights

Based on property information with market context.

This mixed-use multifamily property contains 45 total units alongside six commercial spaces, including fifteen 1-bedroom units and twenty-four studio apartments. The residential units are described as having modern kitchens and baths and the overall building has been meticulously maintained.

Recent capital improvements noted include updated electric, a newer boiler (2020), and an abundance of masonry work. The building is located in Chicago’s Auburn Gresham neighborhood on W. 76th Street, just blocks from Hamilton Park and near public transportation options, including 75th St. bus lines.

The unit mix provides both apartment and commercial components within the same building, supporting a stabilized configuration as presented in the offering materials.

Key Highlights

  • 45‑unit building in the Auburn Gresham neighborhood of Chicago, with 6 commercial spaces plus 39 residential units
  • Unit mix includes fifteen 1BD/1BA units and twenty‑four studios
  • Recent capital improvements include updated electric and a newer boiler (2020), plus an abundance of masonry work

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Plumbing Service Gym & Fitness Center Acupuncture

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

45
Residential units

Location Intelligence

Trade Area within ½ mile

1,186
Businesses Nearby

Demographics for 60620, IL

66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
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 - 45-unit building with six commercial spaces, featuring updated electric and a newer boiler from 2020.
Where is this apartment building located?
The property is located at 808 W 76th Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 45‑unit building in the Auburn Gresham neighborhood of Chicago, with 6 commercial spaces plus 39 residential units; Unit mix includes fifteen 1BD/1BA units and twenty‑four studios; Recent capital improvements include updated electric and a newer boiler (2020), plus an abundance of masonry work
More about this property
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