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Five-Unit Multifamily Building
For Sale
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1629 North Burling Street, Chicago, IL 60614

For sale, income-producing five-unit apartment building at 1629 North Burling Street in Chicago.

Property SizeContact for details
Days on Market122

Property Features for 1629 North Burling Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 5

Building Details

Tenancy Multi
Listing Agency: Essex Realty Group
Listed By: Jim Darrow · License #IL 475134017
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 4:56AM

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 Essex Realty Group

Investment Insights

Based on property information with market context.

This for-sale multifamily property consists of five apartment units within a single building. It is being offered as a residential income asset suitable for buyers seeking a smaller-scale, unit-based investment.

The property is located at 1629 North Burling Street in Chicago, IL 60614. Prospective buyers and their representatives can review the existing unit configuration and operating details through the listing broker during the due diligence period.

Key Highlights

  • Income‑producing five‑unit apartment building for sale
  • 5 units in a multifamily property
  • Offered at $410,000 per unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Accounting Firm Barber Shop Nursing Home Food Market Butcher

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

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,754
Businesses Nearby

Demographics for 60614, IL

73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
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 - For sale, income-producing five-unit apartment building at 1629 North Burling Street in Chicago.
Where is this apartment building located?
The property is located at 1629 North Burling Street Chicago, IL.
What are key features of this property?
This property features: Income‑producing five‑unit apartment building for sale; 5 units in a multifamily property; Offered at $410,000 per unit
More about this property
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