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Brick Triplex with Owner’s Unit
New
For Sale
$1,318,000

1251 N Hoyne Avenue, Chicago, IL 60622

Brick multifamily property with updated building systems, individual laundry, and three distinct apartment layouts.

Property SizeContact for details
Days on Market4

Property Features for 1251 N Hoyne Avenue

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 3 x 2BR/2BA
Multifamily Units 3

Additional Details

Public Transit Yes

Amenities

Natural Gas
Forced Air
Steam
Radiant
Sep Heating Systems - 2+
Indv Controls
Deck, Flat

Building Details

Buildings 1
Construction brick
Listing Agency: Jameson Sotheby's Intl Realty
Listed By: Michelle Liffick
Source: Kw
Added: Aug 30 Changed: Aug 31 Last Checked: Sep 1 at 12:30AM

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 Jameson Sotheby's Intl Realty

Investment Insights

Based on property information with market context.

This three-unit brick property at 1251 N Hoyne Avenue includes three two-bedroom, two-bath apartments with distinct finishes and layouts. The top-floor owner’s unit offers skylights, abundant windows, hardwood flooring, an expansive chef’s kitchen, marble bathrooms, radiant heat, central air, and in-unit laundry. The high first-floor apartment features an updated kitchen, rear deck, hardwood floors, vintage trim, pocket doors, original plaster details, and an en suite primary bedroom. The garden apartment includes a chef’s kitchen, custom artist-designed stained concrete floors, marble bathrooms, radiant heating and cooling, and in-unit laundry.

The property is positioned in Chicago’s Wicker Park neighborhood, north of Division Street and west of Damen Avenue. Damen and Division Blue Line stations are within walking distance, with restaurants, shops, grocery stores, and parks nearby. Building improvements include updated electrical and plumbing systems along with modern heating and cooling equipment.

Key Highlights

  • Three 2‑bedroom, 2‑bath apartments in a classic brick 3‑flat
  • Top‑floor owner’s unit with skylights, central air, radiant heat, and in‑unit w/d
  • High first‑floor apartment with a big back deck and en suite primary bedroom

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Accounting Firm Catering Service Bed & Breakfast

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

5,673
Businesses Nearby

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
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?
Triplex - Brick multifamily property with updated building systems, individual laundry, and three distinct apartment layouts.
Where is this triplex located?
The property is located at 1251 N Hoyne Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,318,000.
What are key features of this property?
This property features: Three 2‑bedroom, 2‑bath apartments in a classic brick 3‑flat; Top‑floor owner’s unit with skylights, central air, radiant heat, and in‑unit w/d; High first‑floor apartment with a big back deck and en suite primary bedroom
More about this property
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