9-Unit Apartment
For Sale
Contact for pricing
Pending
2501 S Springfield Avenue, Chicago, IL 60623
Apartment property with attached garages, exposed brick, steel beams, and a warehouse section requiring full gut rehabilitation.
Property SizeContact for details
Days on Market589
Property Features for 2501 S Springfield Avenue
General Information
Standard status
Pending
Total Parking Spaces
6
Property subtype
Multifamily
Zoning
MULTI
Property Condition
Severity
Major Repairs Needed
Evidence
full gut rehab
Additional Details
Multifamily Units
9
Building Details
Year Built
1917
Buildings
1
Stories
3
Units
9
Listing Agency:
Realty of America, LLC
Listed By:
Alexander Partida · License #475149866
Source:
Crexi
Added: Jan 18, 2025
Changed: Aug 30
Last Checked: Aug 30 at 1:15PM
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 Realty of America, LLC
Investment Insights
Based on property information with market context.
Built in 1917, this 9-unit apartment building is currently uninhabitable and requires a full gut rehabilitation. The property includes a warehouse section that originally operated as a cookie factory, along with retained industrial features such as exposed brick, steel beams, and original architectural elements.
Two attached 3-car garages provide parking for up to 6 vehicles. Zoned MULTI and located at 2501 S Springfield Avenue in Chicago, the property offers a documented redevelopment and restoration opportunity within its existing apartment and warehouse configuration.
Two attached 3-car garages provide parking for up to 6 vehicles. Zoned MULTI and located at 2501 S Springfield Avenue in Chicago, the property offers a documented redevelopment and restoration opportunity within its existing apartment and warehouse configuration.
Key Highlights
- 9‑unit apartment building built in 1917
- Currently uninhabitable and requires a full gut rehab
- Warehouse portion originally operated as a cookie factory
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
1,731
Businesses Nearby
Explore this area
Business Placement
Demographics for 60623, IL
87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
Market
Vacancy Rate% for Industrial in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment property with attached garages, exposed brick, steel beams, and a warehouse section requiring full gut rehabilitation.
Where is this apartment building located?
The property is located at 2501 S Springfield Avenue Chicago, IL.
What are key features of this property?
This property features: 9‑unit apartment building built in 1917; Currently uninhabitable and requires a full gut rehab; Warehouse portion originally operated as a cookie factory
