10-Unit Multifamily
For Sale
Contact for pricing
Pending
3245 W 23rd St, Chicago, IL 60623
Ten-unit multifamily building with recently rehabbed units and below-market rents at 3245 W 23rd St.
Property SizeContact for details
Days on Market146
Property Features for 3245 W 23rd St
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
10
Listing Agency:
First Western Properties
Listed By:
Paul Tsakiris · License #IL 471005153
(773) 355-4780
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Aug 31 at 8:43PM
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 First Western Properties
Investment Insights
Based on property information with market context.
This 10-unit multifamily building offers a combination of recently rehabbed units and below-market rents. The property is positioned to provide income today, with an opportunity to adjust rents over time based on prevailing area rates, as described in the marketing remarks.
The building is located at 3245 W 23rd St in Chicago’s Little Village neighborhood, which the remarks describe as a community experiencing ongoing growth and development. Prospective buyers should verify current rent levels, unit conditions, and all operating details through their own due diligence.
As presented, the asset consists of 10 residential units within a single multifamily structure, making it a straightforward option for investors seeking a small-scale income-producing property with recent interior updates.
The building is located at 3245 W 23rd St in Chicago’s Little Village neighborhood, which the remarks describe as a community experiencing ongoing growth and development. Prospective buyers should verify current rent levels, unit conditions, and all operating details through their own due diligence.
As presented, the asset consists of 10 residential units within a single multifamily structure, making it a straightforward option for investors seeking a small-scale income-producing property with recent interior updates.
Key Highlights
- 10‑unit multifamily building at 3245 W 23rd St
- Recently rehabbed units
- Below‑market rents compared to prevailing area rates
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
1,870
Businesses Nearby
Explore this area
Business Placement
Demographics for 60623, IL
87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
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 - Ten-unit multifamily building with recently rehabbed units and below-market rents at 3245 W 23rd St.
Where is this apartment building located?
The property is located at 3245 W 23rd St Chicago, IL.
What are key features of this property?
This property features: 10‑unit multifamily building at 3245 W 23rd St; Recently rehabbed units; Below‑market rents compared to prevailing area rates
