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Renovated Five-Unit Apartment Building
For Sale
Contact for pricing
Pending

1620 W Warren Blvd, Chicago, IL 60612

Fully occupied multifamily property with updated interiors, in-unit laundry, and a mix of front-building and coach-house residences.

Property SizeContact for details
Days on Market146

Property Features for 1620 W Warren Blvd

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 3 x 2BR/2BA, 2 x 1BR/1BA
Multifamily Units 5

Additional Details

Public Transit Yes

Amenities

in-unit washer/dryer

Building Details

Year Renovated 2019
Listing Agency: @properties
Listed By: Urai Chiya · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Sep 2 at 9:04PM

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 @properties

Investment Insights

Based on property information with market context.

This five-unit apartment property includes three two-bedroom, two-bath residences in the front building and two one-bedroom, one-bath units in the coach house. Renovated in 2019, the property features quartz countertops, stainless steel appliances, hardwood flooring, and a washer and dryer in each unit. Improvements also include new windows, roofing, tuck-pointing, HVAC systems, appliances, and water heaters.

The building is positioned across from Union Park, within walking distance of the Ashland train stop, and near West Loop restaurants and shopping. The United Center is also within walking distance. All five units are occupied, with leases reported through dates ranging from August to November 2022.

Key Highlights

  • Five total units: three 2‑bedroom, 2‑bath apartments and two 1‑bedroom, 1‑bath coach‑house units
  • Renovated in 2019 with quartz countertops, stainless steel appliances, and hardwood flooring
  • Washer and dryer provided in every unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bed & Breakfast Adult Day Care Carpet & Flooring Store Veterinary Clinic Restaurant

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

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,545
Businesses Nearby

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
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 - Fully occupied multifamily property with updated interiors, in-unit laundry, and a mix of front-building and coach-house residences.
Where is this apartment building located?
The property is located at 1620 W Warren Blvd Chicago, IL.
What are key features of this property?
This property features: Five total units: three 2‑bedroom, 2‑bath apartments and two 1‑bedroom, 1‑bath coach‑house units; Renovated in 2019 with quartz countertops, stainless steel appliances, and hardwood flooring; Washer and dryer provided in every unit
More about this property
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