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Six-Unit Apartment Building
For Sale
$799,900

1509 E 69th Place, Chicago, IL 60637

Six well-maintained units include five two-bedrooms and one one-bedroom, with in-unit laundry and tenant-paid heat.

Property Size7,596 SF
Days on Market48

Property Features for 1509 E 69th Place

General Information

Standard status Active
Size 7,596 SF
Property subtype Commercial

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $10,278

Amenities

in-unit laundry
updated kitchens
dishwashers
decorative fireplaces
built-in shelving
rear porches
large dry basement

Building Details

Building Size 7,596 SF
Year Built 1914
Stories 3
Units 6
Tenancy Multi
Listing Agency: Fulton Grace Realty
Listed By: Jennifer Bell · License #471019497
Source: Allinonerealestateco
Added: Jul 20 Changed: Sep 3 Last Checked: Sep 5 at 8:26AM

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 Fulton Grace Realty

Investment Insights

Based on property information with market context.

This well-maintained six-unit apartment building offers an attractive unit mix of five two-bedroom residences and one one-bedroom unit. Apartments feature expansive living and dining areas, updated kitchens with ample cabinetry, solid-surface countertops, subway tile backsplashes, dishwashers, and modern fixtures. Many units also retain original architectural details such as decorative fireplaces and built-in shelving. In-unit laundry is available in most units, supporting day-to-day convenience for tenants.

Each apartment has a separate heating system with tenant-paid heat. The property includes clean, well-kept common areas, attractive rear porches, and a large, dry basement that provides substantial storage capacity. An oversized rear yard offers the opportunity to create approximately five off-street parking spaces.

One unit is currently vacant, allowing for straightforward inspection of a representative apartment without disrupting existing tenants.

Key Highlights

  • Six‑unit multifamily built in 1914 with five 2BR units and one 1BR unit.
  • Most units include in‑unit laundry.
  • Separate heating systems for each apartment; tenants pay heat.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom HVAC Service Building Supply Computer & Electronic Repair Skin Care Clinic

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

841
Businesses Nearby

Demographics for 60637, IL

53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
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 - Six well-maintained units include five two-bedrooms and one one-bedroom, with in-unit laundry and tenant-paid heat.
Where is this apartment building located?
The property is located at 1509 E 69th Place Chicago, IL.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Six‑unit multifamily built in 1914 with five 2BR units and one 1BR unit.; Most units include in‑unit laundry.; Separate heating systems for each apartment; tenants pay heat.
More about this property
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