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Multifamily Property
For Sale
$374,000

1421 N Austin Boulevard, Chicago, IL 60651

The 1922 building requires updates and is being sold in its present condition.

Property SizeContact for details
Days on Market20

Property Features for 1421 N Austin Boulevard

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence does need some TLC

Taxes and HOA fees

Annual Taxes $5,486

Amenities

Natural Gas
Unfinished, Full
Detached, Garage

Building Details

Year Built 1922
Listed By: Sidney Taylor
Source: Evrealestate
Added: Sep 22 Changed: Oct 10 Last Checked: Oct 11 at 6:17AM

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 Sidney Taylor

Investment Insights

Based on property information with market context.

This multifamily property dates to 1922 and requires some updating. New heating units have been installed, along with other updates. The property is offered in its current condition, and the seller will not complete repairs.

Key Highlights

  • Built in 1922
  • New heating units installed
  • Additional updates completed

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Pharmacy Cafe & Coffee Shop

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

1,145
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - The 1922 building requires updates and is being sold in its present condition.
Where is this multifamily property located?
The property is located at 1421 N Austin Boulevard Chicago, IL.
What is the asking price?
The asking price for this property is $374,000.
What are key features of this property?
This property features: Built in 1922; New heating units installed; Additional updates completed
More about this property
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