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Apartment Building with Mixed Unit Sizes
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Pending

1444 S Trumbull Ave, Chicago, IL 60623

Multifamily property offering a mix of two- and three-bedroom residences in Chicago’s North Lawndale neighborhood.

Property SizeContact for details
Days on Market141

Property Features for 1444 S Trumbull Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Cap Rate 8.78%
Multifamily Units 9
Listing Agency: Topnotch Realty
Listed By: Marsha Hines · License #GA
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 30 at 11:35PM

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 Topnotch Realty

Investment Insights

Based on property information with market context.

This apartment building contains 9 units with a combination of 2-bedroom and 3-bedroom residences. The varied unit mix provides different residential configurations within the property and supports a multifamily operating profile.

Located at 1444 S Trumbull Ave in Chicago’s North Lawndale neighborhood, the property is positioned within an area that includes both residential and commercial spaces. The surrounding community is described as being near amenities, transportation hubs, and employment centers. The property carries an 8.78% cap rate.

Key Highlights

  • 9‑unit apartment building
  • Unit mix includes 2‑bedroom and 3‑bedroom residences
  • Located at 1444 S Trumbull Ave, Chicago, IL 60623

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Skin Care Clinic Building Supply Dental Office

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

868
Businesses Nearby

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
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 offering a mix of two- and three-bedroom residences in Chicago’s North Lawndale neighborhood.
Where is this apartment building located?
The property is located at 1444 S Trumbull Ave Chicago, IL.
What are key features of this property?
This property features: 9‑unit apartment building; Unit mix includes 2‑bedroom and 3‑bedroom residences; Located at 1444 S Trumbull Ave, Chicago, IL 60623
(773) 946-8816 Call to check price and availability
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