Brick Quadplex with Updated
For Sale
$545,000
1656 E 84th Street, Chicago, IL 60617
Fully occupied building with remodeled kitchens and baths, individual HVAC, and tenant-paid utilities aside from water.
Property SizeContact for details
Days on Market13
Property Features for 1656 E 84th Street
General Information
Standard status
Active
Property subtype
MULTI_FAMILY
Occupancy
100%
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$7,023
Amenities
coin-operated laundry
garage space
storage lockers
Building Details
Year Built
1923
Year Renovated
2019
Buildings
1
Construction
brick
Listing Agency:
EXIT Strategy Realty
Listed By:
Stephne Pettitt-Gaines · License #475123906
(773) 612-3942
Source:
Dawnmckennagroup
Added: Sep 11
Changed: Sep 21
Last Checked: Sep 22 at 8:42PM
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 EXIT Strategy Realty
Investment Insights
Based on property information with market context.
Built in 1923, this four-unit brick quadplex is fully occupied and offered in its current condition. Each apartment received individual heating and air-conditioning upgrades in 2019, along with remodeled kitchens and bathrooms and refinished hardwood flooring. A master key system serves the building, and a new hot water heater was installed in 2026.
Additional improvements include roof recoating and new gutters. Coin-operated laundry, garage space, and storage lockers are rented separately, creating additional income sources. Residents pay their own utilities except water. The property also includes established occupancy and completed building upgrades for an investor seeking a residential income asset.
Additional improvements include roof recoating and new gutters. Coin-operated laundry, garage space, and storage lockers are rented separately, creating additional income sources. Residents pay their own utilities except water. The property also includes established occupancy and completed building upgrades for an investor seeking a residential income asset.
Key Highlights
- Four‑unit brick building constructed in 1923
- All four units currently occupied
- 2019 upgrades included individual heat and air‑conditioning in each unit
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,135
Businesses Nearby
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Business Placement
Demographics for 60617, IL
77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied building with remodeled kitchens and baths, individual HVAC, and tenant-paid utilities aside from water.
Where is this quadplex located?
The property is located at 1656 E 84th Street Chicago, IL.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Four‑unit brick building constructed in 1923; All four units currently occupied; 2019 upgrades included individual heat and air‑conditioning in each unit
