Residential Income Property with Rooftop
1728 N Sawyer Avenue Unit Front, Chicago, IL 60647
For Sale
$979,000
The three-level residence includes five bedrooms, private outdoor space, garage parking and convenient access to nearby transit.
Property Size3,100 SF
Price / SF$315.81
Days on Market104
Property Features for 1728 N Sawyer Avenue Unit Front
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Public Transit
Additional Details
Multifamily Units
Amenities
rooftop deck
garage parking
wet bar
laundry room
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Engel & Voelkers Chicago
(773) 908-3632
Listed By:
Jennifer Ames · License #475150488
(312) 440-7525
Source:
Vestapreferred
Added: Jul 28
Changed: Nov 7
Last Checked: Nov 8 at 7:53AM
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 Engel & Voelkers Chicago
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Investment Insights
Based on property information with market context.
This newly built, three-level townhome is one of two residences on a 177-foot-deep lot. The home offers approximately 3,100 square feet, five bedrooms, 3.5 baths, a dedicated laundry room and substantial closet and storage space. Interior finishes include wide-plank white oak floors, 10-foot main-level ceilings and an extra-wide staircase. The kitchen has custom cabinetry, quartz counters, a walk-in pantry and Bosch and Thermador Professional Series appliances. A lower-level family room features a wet bar and beverage refrigerator. Radiant heat and zoned HVAC serve the home, while the rooftop deck has gas and water connections and skyline views.
The property is one block from the 606 Trail, with Logan Square restaurants, cafes, shops, parks and playgrounds nearby. The CTA Blue Line and multiple bus routes provide connections to downtown, O'Hare and surrounding neighborhoods.
The property is one block from the 606 Trail, with Logan Square restaurants, cafes, shops, parks and playgrounds nearby. The CTA Blue Line and multiple bus routes provide connections to downtown, O'Hare and surrounding neighborhoods.
Key Highlights
- Two residences on a 177‑foot‑deep lot
- Approximately 3,100 square feet across three levels
- Five bedrooms and 3.5 baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,520
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$950,400
$950.4K
Cap Rate 7%
$678,857
$678.9K
Cap Rate 9%
$528,000
$528.0K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$91.1K $29.40/SF
− Vacancy
−$4.7K −$1.53/SF
EGI
$86.4K $27.87/SF
− OpEx
−$38.9K −$12.54/SF
NOI
$47.5K $15.33/SF
Area
Chicago, IL
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$950,400
Cap Rate 7%
$678,857
Cap Rate 9%
$528,000
Alternative Uses
Best Use
Apartment 5plus
$678.9K
$594.0K – $792.0K
NOI $47,520 @ 7.0% cap · market cap 4.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.46M
$1.28M – $1.71M
NOI $102,315 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,695
Businesses Nearby
Explore this area
Business Placement
Demographics for 60647, IL
85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value
Market
Properties on Market for Residential income properties in Chicago
Frequently Asked Questions
What type of property is this?
Residential income property - The three-level residence includes five bedrooms, private outdoor space, garage parking and convenient access to nearby transit.
Where is this residential income property located?
The property is located at 1728 N Sawyer Avenue Unit Front Chicago, IL.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Two residences on a 177‑foot‑deep lot; Approximately 3,100 square feet across three levels; Five bedrooms and 3.5 baths
