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Seven-Unit Multifamily Property
For Sale
Contact for pricing
Pending

2173 W Wilson Ave, Chicago, IL 60625

Seven-unit apartment building with six two-bedroom units and one one-bedroom unit, plus recent electrical service improvements.

Property SizeContact for details
Days on Market137

Property Features for 2173 W Wilson Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Heavy Power Yes
Multifamily Units 7
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Kyle Stengle · License #IL 475.138461
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 24 at 2:22PM

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 Marcus & Millichap - Chicago Downtown

Investment Insights

Based on property information with market context.

This seven-unit multifamily apartment building includes six two-bedroom/one-bath units and one one-bedroom/one-bath unit. The property also notes that six of the units can be converted into three-bedroom configurations. The building has benefited from a new 600AMP electrical service.

The property is located at 2173 W Wilson Ave in Chicago, Illinois. It is situated in Chicago’s ADU Ordinance zone, which the remarks indicate may allow for adding an eighth unit.

Per the current configuration described in the offering, the building’s existing unit mix provides multiple pathways for reconfiguration while maintaining a residential income structure throughout the property.

Key Highlights

  • Seven‑unit apartment building in Chicago
  • Unit mix: six 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
  • Six units can be converted into three‑bedroom/1‑baths or three‑bedroom/2‑baths

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Food Market Grocery & Convenience Store Home Appliance Store Garden Center Fish Market (Bike/Boat/Book/etc) 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

7
Residential units
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

3,772
Businesses Nearby

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
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 - Seven-unit apartment building with six two-bedroom units and one one-bedroom unit, plus recent electrical service improvements.
Where is this apartment building located?
The property is located at 2173 W Wilson Ave Chicago, IL.
What are key features of this property?
This property features: Seven‑unit apartment building in Chicago; Unit mix: six 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; Six units can be converted into three‑bedroom/1‑baths or three‑bedroom/2‑baths
(312) 636-6383 Call to check price and availability
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