Listing Agency: Essex Realty Group

Listed By: Jim Darrow · License #IL 475134017

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 3:15AM

Report an Issue

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 Essex Realty Group

Investment Insights

Based on property information with market context.

This multifamily apartment building offers residential income potential with 23 units. It is presented for sale under a multifamily property classification.

The property is located at 858 North Franklin Street in Chicago, Illinois.

Key Highlights

• Multifamily apartment building with 23 units available for sale
• Stated price of $594,565 per unit

Property Analytics

Current Use

The Dutchman Homestay 858 Franklin Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Butcher Nursing Home Daycare Center Auto Parts 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

23

Residential units

Location Intelligence

Trade Area within ½ mile

12,400

Businesses Nearby

Explore this area Business Placement

Demographics for 60610, IL

43,794

Population

30,091

Households

1.5

Avg Household Size

34

Median Age

79%

College-Educated

97%

High-School Grad

1.1 sq mi

ZIP Area

39,813

Density / Sq Mi

$105,649

Median Household Income

$82,934

Median Earnings

$2,029

Median Rent

$543,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Full Commissary Kitchen Facility

3515 W Grand Avenue, Chicago, IL 60651

$1,600,000

4,800 SF

View details

Automotive Building With Mezzanine

6243 N Clark Street, Chicago, IL 60660

$1,100,000

8,000 SF

View details

Renovated Flex Space with Showroom

3146 W Chicago Avenue, Chicago, IL 60622

$1,200,000

6,400 SF

View details

Historic Live-Work Space with Atrium

2733 N Pulaski Road, Chicago, IL 60639

$2,750,000

7,000 SF

View details

Corner Development Site in Chicago

7455 W Irving Park Road, Chicago, IL 60634

$949,000

4,055 SF

View details

Retail/Office Building with Value-Add

3934 W 26th Street, Chicago, IL 60623

$1,300,000

12,000 SF

View details

One-Story Corner Flex Commercial Space

210 S Desplaines Street #NE, Chicago, IL 60661

$2,699,000

8,000 SF

View details

Corner Retail and Residential Building

614 North Ashland Avenue, Chicago, IL 60622

$1,200,000

4,700 SF

View details

Flex Building With Loading Dock

7650 S Ashland Avenue, Chicago, IL 60620

$872,000

6,895 SF

View details

One-Story Corner Commercial Space

210 S Desplaines Street #SE, Chicago, IL 60661

$1,399,000

4,000 SF

View details

Net-Leased Walgreens Corner Building

6301 South Kedzie Avenue, Chicago, IL 60629

$3,900,000

14,029 SF

View details

Mixed-Use Flex Building

2722 South Hillock Avenue, Chicago, IL 60608

$850,000

7,000 SF

View details

Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily apartment building with 23 units available for sale.

Where is this apartment building located?

The property is located at 858 North Franklin Street Chicago, IL.

What are key features of this property?

This property features: Multifamily apartment building with 23 units available for sale; Stated price of $594,565 per unit