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12-Unit Apartment Building
For Sale
Contact for pricing
Pending

5201 W Schubert Ave, Chicago, IL 60639

Updated kitchens and baths, separate HVAC systems, enclosed porches, and newer vinyl windows support resident comfort.

Property Size8,100 SF
Days on Market500

Property Features for 5201 W Schubert Ave

General Information

Standard status Pending
Size 8,100 SF
Property subtype Multifamily

Building Details

Year Built 1930
Units 12
Listing Agency: Kiser Group
Listed By: Danny Logarakis · License #IL
Source: Crexi
Added: Apr 19, 2025 Changed: Aug 29 Last Checked: Aug 31 at 9:16AM

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 Kiser Group

Investment Insights

Based on property information with market context.

This 12-unit apartment property in Chicago’s Belmont Cragin neighborhood contains an even mix of six one-bedroom and six two-bedroom residences. The 8,100-square-foot building was constructed in 1930, and unit improvements include refreshed kitchens and bathrooms, separate HVAC equipment, newer vinyl windows, enclosed porches, and copper plumbing. Five apartments also have A/C, while the property is served by 400 AMPS electrical service.

Basement areas have furnaces and electrical meters in place, supporting the stated potential for two additional units. The existing configuration offers a defined mix of apartment sizes within a single multifamily building, with improvements concentrated across both the residences and building systems.

Key Highlights

  • 12‑unit apartment building with six one‑bedroom and six two‑bedroom units
  • 8,100 square feet; built in 1930
  • Updated kitchens and baths throughout the units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Acupuncture Tech Support Center Skin Care Clinic Catering Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,602
Businesses Nearby

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
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?
Apartment building - Updated kitchens and baths, separate HVAC systems, enclosed porches, and newer vinyl windows support resident comfort.
Where is this apartment building located?
The property is located at 5201 W Schubert Ave Chicago, IL.
What are key features of this property?
This property features: 12‑unit apartment building with six one‑bedroom and six two‑bedroom units; 8,100 square feet; built in 1930; Updated kitchens and baths throughout the units
More about this property
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