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3-Unit Triplex on Oversized Lot
New
For Sale
$599,999

1637 N Sayre Ave, Chicago, IL 60707

Legal multifamily property near shopping, dining, transportation, and neighborhood amenities.

Property SizeContact for details
Days on Market2

Property Features for 1637 N Sayre Ave

General Information

Standard status Active
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence needs some TLC and updating

Additional Details

Multifamily Units 3

Building Details

Year Built 1929
Buildings 1
Listing Agency: Keller Williams Preferred Rlty
Listed By: Bobby Grilli
Source: Grillimurphyrealestate
Added: Sep 4 Last Checked: Sep 5 at 7:14AM

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 Keller Williams Preferred Rlty

Investment Insights

Based on property information with market context.

Built in 1929, this triplex contains three legal residential units arranged in spacious interiors with functional layouts. The property requires updating and is being offered in as-is condition, presenting a clearly defined renovation project for an owner-occupant or investor. An oversized lot adds to the physical setting of the building.

The property is located at 1637 N Sayre Ave in Chicago, near shopping, dining, transportation, and neighborhood amenities. Its three-unit configuration and existing residential layout provide the core framework for continued multifamily use, subject to the buyer’s plans and applicable requirements.

Key Highlights

  • Three legal residential units
  • Built in 1929
  • Oversized lot

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Grocery & Convenience Store Food Market Home Appliance Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Big Box & Wholesale 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,537
Businesses Nearby

Demographics for 60707, IL

43,241
Population
16,590
Households
2.6
Avg Household Size
41
Median Age
31%
College-Educated
86%
High-School Grad
3.6 sq mi
ZIP Area
12,011
Density / Sq Mi
$82,746
Median Household Income
$48,093
Median Earnings
$1,309
Median Rent
$315,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Legal multifamily property near shopping, dining, transportation, and neighborhood amenities.
Where is this triplex located?
The property is located at 1637 N Sayre Ave Chicago, IL.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Three legal residential units; Built in 1929; Oversized lot
More about this property
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