Multifamily Property with Individual
For Sale
Contact for pricing
Pending
5301 W Washington Blvd, Chicago, IL 60644
Condominium units include private laundry, dishwashers, and individual hot water tanks.
Property SizeContact for details
Days on Market142
Property Features for 5301 W Washington Blvd
General Information
Standard status
Pending
Property subtype
Multifamily
Amenities
Individual HVAC
Laundry
Dishwashers
Individual Hot Water Tanks
Building Details
Year Renovated
2006
Listing Agency:
Kiser Group
Listed By:
Andrew Friedman · License #IL 475.180055
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 8:56PM
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 Kiser Group
Investment Insights
Based on property information with market context.
This multifamily property comprises condominium units that were converted from apartments in 2006. Each unit has its own HVAC system, laundry equipment, dishwasher, and hot water tank. Building systems were modernized during the conversion, and the residences underwent gut renovations at that time.
The offering involves a Section 15 deconversion sale of the Washington-Lockwood Condominiums at 5301-5311 W Washington Blvd in Chicago. Investor owners account for 75% of the units, with those residences currently rented, providing an existing rental component within the condominium structure.
The offering involves a Section 15 deconversion sale of the Washington-Lockwood Condominiums at 5301-5311 W Washington Blvd in Chicago. Investor owners account for 75% of the units, with those residences currently rented, providing an existing rental component within the condominium structure.
Key Highlights
- Section 15 deconversion sale at 5301‑5311 W Washington Blvd, Chicago, IL 60644
- Converted from apartments to condominiums in 2006
- Building systems modernized and units gut renovated during the 2006 conversion
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,173
Businesses Nearby
Explore this area
Business Placement
Demographics for 60644, IL
47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Condominium units include private laundry, dishwashers, and individual hot water tanks.
Where is this multifamily property located?
The property is located at 5301 W Washington Blvd Chicago, IL.
What are key features of this property?
This property features: Section 15 deconversion sale at 5301‑5311 W Washington Blvd, Chicago, IL 60644; Converted from apartments to condominiums in 2006; Building systems modernized and units gut renovated during the 2006 conversion
