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Four-Unit Brick Quadplex
For Sale
Contact for pricing
Pending

501 Pasadena Ave, Crest Hill, IL 60403

Well-maintained residential income property with oversized two-bedroom layouts and rear parking on a corner lot.

Property SizeContact for details
Days on Market143

Property Features for 501 Pasadena Ave

General Information

Standard status Pending
Total Parking Spaces 9
Property subtype Multifamily
Occupancy 75%

Units

Unit Mix 4 x 2BR
Multifamily Units 4

Building Details

Buildings 1
Construction brick
Listing Agency: Citypoint Arizona LLC
Listed By: Robert Rixer · License #BK3613514
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 2:56PM

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 Citypoint Arizona LLC

Investment Insights

Based on property information with market context.

This brick quadplex contains four oversized two-bedroom apartments, with three units currently occupied. The property has been maintained by the current owner and sits on a large corner lot with at least 9 rear parking spaces.

The building is positioned on a quiet residential block approximately 400 feet from the local school. Crest Hill has a population of 20,500 and is located 30 miles southwest of downtown Chicago and 5 miles north of Joliet. The community also borders Lewis University and the Lewis University Regional Airport.

Key Highlights

  • Four oversized 2‑bed units in a brick building
  • 3 of 4 units currently occupied
  • At least 9 available parking spaces in the rear

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Spa & Massage Center (Bike/Boat/Book/etc) Store Locksmith

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

4
Residential units
75%
Occupancy

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby

Demographics for 60403, IL

17,667
Population
7,884
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
91%
High-School Grad
4.9 sq mi
ZIP Area
3,606
Density / Sq Mi
$71,413
Median Household Income
$41,597
Median Earnings
$1,386
Median Rent
$223,000
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?
Quadplex - Well-maintained residential income property with oversized two-bedroom layouts and rear parking on a corner lot.
Where is this quadplex located?
The property is located at 501 Pasadena Ave Crest Hill, IL.
What are key features of this property?
This property features: Four oversized 2‑bed units in a brick building; 3 of 4 units currently occupied; At least 9 available parking spaces in the rear
More about this property
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