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Six-Unit Brick Apartment Building
For Sale
$674,900

1449 - 51 W Garfield Boulevard, Chicago, IL 60636

Legal multifamily asset with six two-bedroom apartments, individual heating systems, tenant-paid utilities, basement, yard, and off-street parking.

Property Size8,028 SF
Lot Size0.14 Acres
Price / SF$84.07
Days on Market47

Property Features for 1449 - 51 W Garfield Boulevard

General Information

Standard status Active
Size 8,028 SF
Total Parking Spaces 5
Lot size 0.14 Acres
Property subtype Commercial
Zoning MULTI

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $3,165

Amenities

rear yard
full basement
hardwood flooring

Building Details

Building Size 8,028 SF
Year Built 1912
Buildings 1
Stories 3
Units 6
Construction brick
Listing Agency: RLB Realty Group, Inc.
Listed By: Ronald Branch · License #471007409
Source: Cavanaghrealty
Added: Jun 25 Changed: Aug 8 Last Checked: Aug 9 at 12:52PM

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 RLB Realty Group, Inc.

Investment Insights

Based on property information with market context.

This legal six-flat is a brick multifamily building containing six two-bedroom, one-bath apartments and approximately 8,028 square feet of living space. The 6,000-square-foot lot includes a rear yard, five off-street parking spaces, and a full basement. Each apartment has separate living and dining rooms, hardwood floors, and an individual gas-forced-air furnace. Tenants are responsible for their own heat, gas, and electricity. The property was built in 1912 and is zoned MULTI.

Recent property work includes a new electrical service, two new sump pumps, repaired or replaced front porch lintels, and new basement flooring, all completed in 2026. The modified bitumen roof was installed approximately in 2018, receives annual professional inspections, and has a protective silver coating. The building is located on Garfield Boulevard in Chicago, with access to CTA transportation, Interstate 94, Sherman Park, schools, shopping, restaurants, and Downtown Chicago.

Key Highlights

  • Six legal apartments, each with 2 bedrooms and 1 bath
  • Approximately 8,028 square feet on a 6,000‑square‑foot lot
  • Five off‑street parking spaces, rear yard, and full basement

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center Pharmacy

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

6
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

643
Businesses Nearby

Demographics for 60636, IL

34,800
Population
14,363
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
78%
High-School Grad
3.9 sq mi
ZIP Area
8,923
Density / Sq Mi
$35,077
Median Household Income
$30,411
Median Earnings
$1,135
Median Rent
$150,600
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 - Legal multifamily asset with six two-bedroom apartments, individual heating systems, tenant-paid utilities, basement, yard, and off-street parking.
Where is this apartment building located?
The property is located at 1449 - 51 W Garfield Boulevard Chicago, IL.
What is the asking price?
The asking price for this property is $674,900.
What are key features of this property?
This property features: Six legal apartments, each with 2 bedrooms and 1 bath; Approximately 8,028 square feet on a 6,000‑square‑foot lot; Five off‑street parking spaces, rear yard, and full basement
More about this property
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