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3-Unit Brick Triplex
New
For Sale
$1,370,000

1414 W Summerdale Avenue, Chicago, IL 60640

Corner-lot multifamily property with updated interiors, private balconies, and off-street parking in Andersonville.

Property SizeContact for details
Days on Market4

Property Features for 1414 W Summerdale Avenue

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Natural Gas

Building Details

Year Built 1904
Listing Agency: Mango Realty Group
Listed By: Man Ching Ng · License #471020356
Source: Kw
Added: Aug 18 Changed: Aug 19 Last Checked: Aug 20 at 7:27PM

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 Mango Realty Group

Investment Insights

Based on property information with market context.

This brick triplex at 1414 W Summerdale Avenue includes three residential units, each with three bedrooms, one bathroom, separate living and dining rooms, 9-foot ceilings, stainless steel appliances, granite countertops, central heating and cooling, and in-unit laundry. Every unit also has a large balcony. The second- and third-floor apartments were updated in 2023 and are tenant-occupied; the first-floor apartment has been updated and is available for a new tenant or owner-occupant.

The partially finished basement contains a full bathroom and additional usable space. A rear outdoor area provides at least three off-street parking spaces. Built in 1904, the property sits on an oversized corner lot in Andersonville, near shops, restaurants, and public transportation.

Key Highlights

  • Three units, each with 3 bedrooms and 1 bathroom
  • Second- and third‑floor units fully updated in 2023
  • First‑floor unit recently updated and available for occupancy

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store Barber Shop Tattoo & Piercing Shop Arcade & Gaming Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,407
Businesses Nearby

Demographics for 60640, IL

65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
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 - Corner-lot multifamily property with updated interiors, private balconies, and off-street parking in Andersonville.
Where is this triplex located?
The property is located at 1414 W Summerdale Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,370,000.
What are key features of this property?
This property features: Three units, each with 3 bedrooms and 1 bathroom; Second- and third‑floor units fully updated in 2023; First‑floor unit recently updated and available for occupancy
More about this property
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