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Brick Multifamily Buildings
For Sale
Under Contract
$355,000

1607 S Sawyer Avenue, Chicago, IL 60623

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market134

Property Features for 1607 S Sawyer Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 9
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 7, Bedroom 8, Bedroom 6, Bedroom 2, Bedroom 4, Kitchen, Bathroom 1, Basement, Bedroom 9, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3
Basement Finished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions OGDEN AVE TO KEDZIE NORTH, TO 16TH STREET WEST, SOUTH TO SAWYER AVE.
Subdivision CHI - North Lawndale
Standard status Active Under Contract
APN 16234070020000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 1905

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Building materials Brick
Roof type Rubber
Listing Agency: Hometown Real Estate Group
Listed By: Barbara Kieca · License #475153778
Added: Apr 12 Changed: Aug 20 Last Checked: Aug 23 at 9:06PM
MLS# 12617108

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The offering includes brick multifamily buildings at 1607 S Sawyer Avenue, with the property information also referencing 1609 S. Sawyer. The buildings are fully tenant occupied, and individual units are configured with dedicated HVAC systems, water heaters, and electrical panels. Heating is provided by forced-air natural gas systems, while the roofs are rubber.

The property carries MULTI zoning and is served by public water and public sewer. Existing rooms identified in the property information include bedrooms, kitchens, bathrooms, and a basement. The sale is subject to existing tenants, and the seller will consider individual building transactions as well as a package sale.

Key Highlights

  • Fully tenant‑occupied multifamily buildings
  • MULTI zoning designation
  • Dedicated HVAC, water heaters, and electrical panels for each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Tech Support Center (Bike/Boat/Book/etc) Store Hotel & Motel

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,152
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Tenant-occupied units feature dedicated mechanical and electrical systems.
Where is this apartment building located?
The property is located at 1607 S Sawyer Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Fully tenant‑occupied multifamily buildings; MULTI zoning designation; Dedicated HVAC, water heaters, and electrical panels for each unit
More about this property
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