Renovated 8-Unit Apartment
For Sale
Contact for pricing
Pending
1538 S Millard Ave, Chicago, IL 60623
Updated unit mix includes one-, two-, and three-bedroom residences.
Property SizeContact for details
Days on Market141
Property Features for 1538 S Millard Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
95%
Units
Unit Mix
3 x 3BR, 4 x 2BR, 1 x 1BR
Multifamily Units
8
Additional Details
Gross Income
$95,400
Listing Agency:
5th Group Corp
(312) 480-8111
Listed By:
Candice Payne · License #FLBO
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 8:29AM
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 5th Group Corp
Investment Insights
Based on property information with market context.
This recently renovated apartment building contains 8 units with a varied residential configuration. The unit mix includes 3 three-bedroom units, 4 two-bedroom units, and 1 one-bedroom unit, offering multiple floor-plan options within the property.
Located at 1538 S Millard Ave in Chicago, IL 60623, the building is positioned for multifamily ownership with updated interiors across the unit count. The renovation provides a refreshed physical offering while retaining a range of bedroom configurations for residents.
Located at 1538 S Millard Ave in Chicago, IL 60623, the building is positioned for multifamily ownership with updated interiors across the unit count. The renovation provides a refreshed physical offering while retaining a range of bedroom configurations for residents.
Key Highlights
- 8‑unit apartment building at 1538 S Millard Ave, Chicago, IL 60623
- Recently renovated multifamily property
- Unit mix includes 3 three‑bedroom units
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
95%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,190
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated unit mix includes one-, two-, and three-bedroom residences.
Where is this apartment building located?
The property is located at 1538 S Millard Ave Chicago, IL.
What are key features of this property?
This property features: 8‑unit apartment building at 1538 S Millard Ave, Chicago, IL 60623; Recently renovated multifamily property; Unit mix includes 3 three‑bedroom units
