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

1449 - 51 W Garfield Boulevard, Chicago, IL 60636

Six apartments feature separate living and dining rooms, hardwood floors, and individual gas-forced-air furnaces.

Property Size8,028 SF
Lot Size0.14 Acres
Price / SF$84.07
Days on Market103

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 MULTI_FAMILY

Site & Location

Highway Access Yes
Road Access Yes
Public Transit 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
Construction brick
Listing Agency: RLB Realty Group, Inc.
Listed By: Ronald Branch · License #471007409
Source: Dawnmckennagroup
Added: Jun 25 Changed: Oct 4 Last Checked: Oct 4 at 2:06PM

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 six-unit brick apartment property contains approximately 8,028 square feet of living space on a 6,000-square-foot lot. Each apartment has two bedrooms, one bathroom, separate living and dining areas, hardwood flooring, and an individual gas-forced-air furnace. Residents pay their own heat, gas, and electricity. The building also includes a full basement, a rear yard, and five off-street parking spaces.

Recent work includes a new electrical service, two sump pumps, repaired or replaced front porch lintels, and new basement flooring, all dated 2026. The modified bitumen roof was installed around 2018 and receives annual professional inspections and maintenance, including a protective silver coating.

The property is on West Garfield Boulevard in Chicago, with access to CTA transit and Interstate 94. Sherman Park, schools, shopping, restaurants, and Downtown Chicago are also identified nearby.

Key Highlights

  • Six apartments, each with 2 bedrooms and 1 bathroom
  • Approximately 8,028 square feet of living space on a 6,000‑square‑foot lot
  • Individual gas‑forced‑air furnaces; tenants pay heat, gas, and electricity

Property Analytics

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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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Six apartments feature separate living and dining rooms, hardwood floors, and individual gas-forced-air furnaces.
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 apartments, each with 2 bedrooms and 1 bathroom; Approximately 8,028 square feet of living space on a 6,000‑square‑foot lot; Individual gas‑forced‑air furnaces; tenants pay heat, gas, and electricity
More about this property
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