Listing Agency: The Mattz Mega Group t***@mattzmegagroup.com Show Phone

Listed By: James Mattz · License #IL 475095060

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 7:25PM

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Investment Insights

Based on property information with market context.

Located at 1033 W 103rd St in Chicago, this multifamily property contains two large apartments in a residential setting. Both units are leased to Section 8 tenants, providing an established occupancy profile.

The apartments were renovated in 2020. Schools and public transportation are within walking distance, adding everyday convenience for residents. The property may also be acquired as part of a package with MLS listings 11804235, 11804354, and 11804270.

Key Highlights

• Two large apartments within a multifamily property
• Both units leased to Section 8 tenants
• Renovated in 2020

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center HVAC Service Big Box & Wholesale Store Building Supply

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

624

Businesses Nearby

Explore this area Business Placement

Demographics for 60643, IL

47,831

Population

19,541

Households

2.4

Avg Household Size

44

Median Age

39%

College-Educated

93%

High-School Grad

7.4 sq mi

ZIP Area

6,464

Density / Sq Mi

$83,015

Median Household Income

$53,155

Median Earnings

$1,359

Median Rent

$233,900

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?

Multifamily property - Fully leased residential income property renovated in 2020, near schools and public transportation.

Where is this multifamily property located?

The property is located at 1033 W 103rd St Chicago, IL.

What are key features of this property?

This property features: Two large apartments within a multifamily property; Both units leased to Section 8 tenants; Renovated in 2020