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Gut-Rehabbed 7-Unit Apartment Building
For Sale
Contact for pricing
Pending

1418 W Blackhawk St, Chicago, IL 60622

Fully renovated apartment property with individually metered utilities, private HVAC, and in-unit laundry.

Property SizeContact for details
Days on Market143

Property Features for 1418 W Blackhawk St

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 3 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units 7

Additional Details

Gross Income $163,620

Amenities

in-unit laundry
stainless steel appliances
quartz countertops
solid hardwood flooring
tenant storage
landlord storage room

Building Details

Year Renovated 2016
Buildings 2
Listing Agency: Kale Realty
Listed By: Aaron Greenberg · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 1:38AM

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 Kale Realty

Investment Insights

Based on property information with market context.

This 7-unit apartment property was comprehensively renovated in 2016, including the HVAC, electrical, plumbing, and roof systems. The unit mix includes three two-bedroom, one-bath apartments in the front masonry building and four one-bedroom, one-bath apartments in the rear building. Each residence has separate electric and gas metering, individual HVAC, in-unit laundry, stainless steel appliances, quartz countertops, contemporary finishes, and hardwood flooring. There are no basement apartments.

The property is fully occupied and includes unfinished attic storage used by tenants, along with a separate storage room for the landlord. Located in Chicago’s Wicker Park and Noble Square areas, the building is within walking distance of CTA Blue Line and bus service, nearby restaurants and entertainment, Pulaski Park fieldhouse and dog park, and street parking. Highway access is also described as convenient.

Key Highlights

  • 7‑unit apartment property fully renovated in 2016
  • Unit mix: three 2 Bed/1 Bath apartments and four 1 Bed/1 Bath apartments
  • 2016 updates include HVAC, electric, plumbing, and roof systems

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home Garden Center (Bike/Boat/Book/etc) Store Accounting Firm Adult Day Care Pet Grooming Service

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

7
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,718
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?
Apartment building - Fully renovated apartment property with individually metered utilities, private HVAC, and in-unit laundry.
Where is this apartment building located?
The property is located at 1418 W Blackhawk St Chicago, IL.
What are key features of this property?
This property features: 7‑unit apartment property fully renovated in 2016; Unit mix: three 2 Bed/1 Bath apartments and four 1 Bed/1 Bath apartments; 2016 updates include HVAC, electric, plumbing, and roof systems
More about this property
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