Nine-Unit Apartment
For Sale
Contact for pricing
1412 N Elk Grove Ave, Chicago, IL 60622
RT-4 zoning permits three additional units within the ADU Northwest zone, including two market-rate and one affordable unit.
Property Size6,300 SF
Lot Size0.07 Acres
Days on Market144
Property Features for 1412 N Elk Grove Ave
General Information
Standard status
Active
Size
6,300 SF
Lot size
0.07 Acres
Property subtype
Multifamily
Zoning
RT-4
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
9
Building Details
Buildings
1
Listing Agency:
Greenstone Partners
(312) 614-1498
Listed By:
Brewster Hague · License #IL 475.165689
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 10:34PM
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 Greenstone Partners
Investment Insights
Based on property information with market context.
The property is a nine-unit apartment building containing approximately 6,300 square feet on approximately 2,832 square feet of land. The asset is zoned RT-4 and is identified within the ADU Northwest zone, which permits the addition of three units: two market rate and one affordable. The existing apartments present a renovation opportunity, subject to applicable approvals.
Located at 1412 N. Elk Grove Avenue in Chicago’s Wicker Park / Bucktown area, the property is positioned between N. Milwaukee Avenue and W. North Avenue. The Damen CTA Blue Line ‘L’ Station and the Kennedy Expressway, Interstate 90/94, are each less than 1/2 mile away. The surrounding area includes bars, restaurants, and entertainment venues, with a 1-mile population of nearly 57,000 and average household income of $150,000. An adjacent ±6,165-square-foot RT-4-zoned lot at 1410 N. Elk Grove Avenue is also for sale.
Located at 1412 N. Elk Grove Avenue in Chicago’s Wicker Park / Bucktown area, the property is positioned between N. Milwaukee Avenue and W. North Avenue. The Damen CTA Blue Line ‘L’ Station and the Kennedy Expressway, Interstate 90/94, are each less than 1/2 mile away. The surrounding area includes bars, restaurants, and entertainment venues, with a 1-mile population of nearly 57,000 and average household income of $150,000. An adjacent ±6,165-square-foot RT-4-zoned lot at 1410 N. Elk Grove Avenue is also for sale.
Key Highlights
- Nine‑unit apartment building with ±6,300 square feet of building area
- ±2,832 square feet of land at 1412 N. Elk Grove Avenue
- RT‑4 zoning within the ADU Northwest zone
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,152
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - RT-4 zoning permits three additional units within the ADU Northwest zone, including two market-rate and one affordable unit.
Where is this apartment building located?
The property is located at 1412 N Elk Grove Ave Chicago, IL.
What are key features of this property?
This property features: Nine‑unit apartment building with ±6,300 square feet of building area; ±2,832 square feet of land at 1412 N. Elk Grove Avenue; RT‑4 zoning within the ADU Northwest zone
