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10-Unit Apartment Property
New
For Sale
$2,225,000

1629-1631 W Estes Avenue, Chicago, IL 60626

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.20 Acres
Days on Market3

Property Features for 1629-1631 W Estes Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 12
Bathrooms 10
Full bathrooms 10
Rooms Bedroom 6, Bedroom 8, Bathroom 2, Bathroom 10, Bedroom 9, Bathroom 7, Bathroom 5, Bedroom 10, Bedroom 7, Bedroom 4, Bedroom 12, Bathroom 1, Bathroom 8, Bathroom 4, Bedroom 1, Bathroom 6, Bedroom 3, Basement, Bedroom 2, Bedroom 11, Bathroom 9, Bathroom 3, Bedroom 5
Basement Unfinished
Directions Ashland Ave to Estes Ave, west to property.
Subdivision CHI - Rogers Park
Standard status Active
APN 11312080060000
Lot size 0.20 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14826

Utilities

Cooling system Central Air

Amenities

large decks
beautiful backyard
basement coin laundry
replacement windows
central air
stainless-steel appliances
granite countertops

Building Details

Year built 1917
Floors in Building 3
Number of units 10
Building materials Brick, Wood, Frame
Buildings 2
Listing Agency: Charles Rutenberg Realty
Listed By: Jeffrey Cobb
Added: Oct 26 Changed: Oct 27 Last Checked: Oct 28 at 1:06AM
MLS# 12793794

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1917, this 10-unit apartment property spans two buildings: a front 8-flat and a rear 2-unit coach house. The unit mix comprises four 2-bedroom/1-bath apartments, four 1-bedroom/1-bath apartments, and two studio/1-bath units. Nine kitchens have been renovated with newer cabinetry, stainless-steel appliances, and granite countertops. Eight apartments have central air, and residents pay their own gas heat and electricity. Other features include replacement windows, decks, a backyard, basement coin laundry with three washers and three dryers, and gated parking for five cars. The property occupies 0.2 acres.

Nine units are occupied on month-to-month arrangements; one renovated 2-bedroom apartment is vacant. Lake Michigan is approximately three blocks away, with public transportation, shopping, and dining also noted in the surrounding area.

Key Highlights

  • 10 units across a front 8‑flat and a rear 2‑unit coach house
  • Unit mix: four 2‑bedroom/1‑bath units, four 1‑bedroom/1‑bath units, and two studio/1‑bath units
  • Nine renovated kitchens; 8 of 10 apartments have central air

Property Analytics

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Lease Details

10
Residential units
90%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,547
Businesses Nearby

Demographics for 60626, IL

50,548
Population
26,812
Households
1.9
Avg Household Size
36
Median Age
53%
College-Educated
91%
High-School Grad
1.7 sq mi
ZIP Area
29,734
Density / Sq Mi
$57,452
Median Household Income
$39,527
Median Earnings
$1,265
Median Rent
$269,000
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

Frequently Asked Questions

What type of property is this?
Apartment building - Two buildings provide a front apartment block and a separate rear coach house.
Where is this apartment building located?
The property is located at 1629-1631 W Estes Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $2,225,000.
What are key features of this property?
This property features: 10 units across a front 8‑flat and a rear 2‑unit coach house; Unit mix: four 2‑bedroom/1‑bath units, four 1‑bedroom/1‑bath units, and two studio/1‑bath units; Nine renovated kitchens; 8 of 10 apartments have central air
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