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15-Unit Apartment Building
For Sale
$3,495,000

1404 W Estes Avenue, Chicago, IL 60626

Multifamily property with a full basement, on-site parking, and a balanced mix of one- and two-bedroom residences.

Property SizeContact for details
Days on Market18

Property Features for 1404 W Estes Avenue

General Information

Standard status Active
Total Parking Spaces 12
Property subtype Commercial
Zoning MULTI

Units

Unit Mix 12 x 1BR, 3 x 2BR
Multifamily Units 15

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $33,825

Building Details

Year Built 1963
Stories 3
Units 15
Listing Agency: Sky High Real Estate Inc.
Listed By: Harris Ali · License #475126604
Source: Ozmentrealestate
Added: Jul 23 Changed: Aug 7 Last Checked: Aug 8 at 12:08PM

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 Sky High Real Estate Inc.

Investment Insights

Based on property information with market context.

Built in 1963, this apartment building contains 15 units comprising 12 one-bedroom apartments and 3 two-bedroom apartments. The property also includes 12 parking spaces, a full basement, and MULTI zoning.

Located at 1404 W Estes Avenue in Chicago's Rogers Park neighborhood, the building is near Loyola University, the CTA Red Line, beaches, shopping, and neighborhood dining. Its location also places the property near employment, transportation, and educational destinations.

The unit mix provides a combination of one- and two-bedroom layouts within a single multifamily asset, while the basement and parking complement the existing residential configuration.

Key Highlights

  • 15‑unit apartment building with 12 one‑bedroom units and 3 two‑bedroom units
  • 12 parking spaces included
  • Full basement within the building

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Dental Office Skin Care Clinic Kitchen & Bath Showroom Auto Parts 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

15
Residential units

Location Intelligence

Trade Area within ½ mile

2,303
Businesses Nearby

Demographics for 60626, IL

50,548
Population
26,812
Households
1.9
Avg Household Size
36
Median Age
53%
College-Educated
91%
High-School Grad
1.7 sq mi
ZIP Area
29,734
Density / Sq Mi
$57,452
Median Household Income
$39,527
Median Earnings
$1,265
Median Rent
$269,000
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 - Multifamily property with a full basement, on-site parking, and a balanced mix of one- and two-bedroom residences.
Where is this apartment building located?
The property is located at 1404 W Estes Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: 15‑unit apartment building with 12 one‑bedroom units and 3 two‑bedroom units; 12 parking spaces included; Full basement within the building
More about this property
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