Search
9-Unit Apartment Building
For Sale
Contact for pricing
Pending

5901 W Fillmore St, Chicago, IL 60644

Fully occupied multifamily property with one-bedroom apartments and four Section 8 leases.

Property SizeContact for details
Days on Market143

Property Features for 5901 W Fillmore St

General Information

Standard status Pending
Net Rentable 4,950 SF
Property subtype Multifamily
Occupancy 100%

Financials

Asking Price $615,000
Cap Rate 10.14%

Units

Unit Mix 9 x 1BR/1BA
Multifamily Units 9

Building Details

Buildings 1
Listing Agency: ACO Commercial
Listed By: Linda Hattar, JD · License #IL 475161338
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 10:20PM

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 ACO Commercial

Investment Insights

Based on property information with market context.

This nine-unit apartment building contains approximately 4,950 SF of rentable area arranged as 1Bed/1Bath residences, with each apartment measuring about 550 SF. The property is currently 100% occupied and managed directly by ownership. Four units are leased to Section 8 tenants, adding a documented mix of conventional and assisted occupancy.

The building occupies a corner at Fillmore Street and Mayfield Avenue in Chicago’s Austin Neighborhood. The offering reflects a 10.14% capitalization rate and provides an existing multifamily configuration with nine residential units under one ownership structure.

Key Highlights

  • Nine 1Bed/1Bath apartments, each measuring 550 SF
  • Approximately 4,950 SF of rentable area
  • 100% occupied at the time of listing

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Pharmacy (Bike/Boat/Book/etc) Store

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

9
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,089
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied multifamily property with one-bedroom apartments and four Section 8 leases.
Where is this apartment building located?
The property is located at 5901 W Fillmore St Chicago, IL.
What are key features of this property?
This property features: Nine 1Bed/1Bath apartments, each measuring 550 SF; Approximately 4,950 SF of rentable area; 100% occupied at the time of listing
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message