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Renovated 3-Unit Brick Triplex
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For Sale
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1516 S KILDARE Avenue, Chicago, IL 60623

Vacant building with separately metered utilities and individual gas forced-air furnaces.

Property SizeContact for details
Days on Market7

Property Features for 1516 S KILDARE Avenue

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 3 x 3BR/1BA
Multifamily Units 3

Additional Details

Utilities to Site Yes

Building Details

Year Built 1918
Year Renovated 2017
Buildings 1
Construction brick
Listing Agency: Triton Realty Group LLC
Listed By: Alexander Summers
Source: Crexi
Added: Aug 5 Changed: Aug 10 Last Checked: Aug 11 at 1:04PM

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 Triton Realty Group LLC

Investment Insights

Based on property information with market context.

This legal triplex is a brick building with three residential units, each configured with 3 bedrooms and 1 bathroom. The property underwent renovation in 2017 and is currently vacant. Individual gas forced-air furnaces serve the units, while separate utility metering supports unit-level management.

Built in 1918, the property is located at 1516 S KILDARE Avenue in Chicago, Illinois. Its three-unit configuration provides a defined multifamily layout, with each residence offering the same bedroom and bathroom count.

Key Highlights

  • Legal 3‑unit brick building
  • Renovated in 2017 and delivered vacant
  • Three units, each with 3 bedrooms and 1 bathroom

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Tech Support Center

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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,000
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?
Triplex - Vacant building with separately metered utilities and individual gas forced-air furnaces.
Where is this triplex located?
The property is located at 1516 S KILDARE Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Legal 3‑unit brick building; Renovated in 2017 and delivered vacant; Three units, each with 3 bedrooms and 1 bathroom
More about this property
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