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All-Brick 6-Unit Apartment Building
For Sale
$575,000

1838 W 65th Street, Chicago, IL 60636

Corner multifamily property with updated interiors, individual furnaces, and basement laundry facilities.

Property SizeContact for details
Days on Market26

Property Features for 1838 W 65th Street

General Information

Standard status Active
Property subtype MULTI_FAMILY

Units

Unit Mix 2 x 3BR/1BA, 4 x 2BR/1BA
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $5,424

Amenities

coin-operated laundry

Building Details

Year Built 1922
Buildings 1
Construction brick
Listing Agency: Keller Williams ONEChicago
Listed By: Ashley Carter · License #471002063
Source: Dawnmckennagroup
Added: Aug 5 Changed: Aug 29 Last Checked: Aug 29 at 10:35AM

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 Keller Williams ONEChicago

Investment Insights

Based on property information with market context.

This all-brick apartment property contains six units, including two three-bedroom residences and four two-bedroom residences, with one bathroom in each. Every apartment has been modernized within the past five years, and the building has received a new roof along with a partial parapet rebuild. Several furnaces have also been replaced, while individual furnaces serve the units.

Located at 1838 W 65th Street in Chicago, the corner building includes coin-operated laundry in the basement. Residents pay their own gas and electric costs. The property was constructed in 1922, carries MULTI zoning, and is associated with a 12.2 CAP rate based on the stated operating assumptions.

Key Highlights

  • Six‑unit mix with two 3‑bed/1‑bath and four 2‑bed/1‑bath apartments
  • All six units modernized within the last five years
  • New roof and partial parapet rebuild

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Pharmacy Skin Care Clinic Gym & Fitness Center

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

777
Businesses Nearby

Demographics for 60636, IL

34,800
Population
14,363
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
78%
High-School Grad
3.9 sq mi
ZIP Area
8,923
Density / Sq Mi
$35,077
Median Household Income
$30,411
Median Earnings
$1,135
Median Rent
$150,600
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 - Corner multifamily property with updated interiors, individual furnaces, and basement laundry facilities.
Where is this apartment building located?
The property is located at 1838 W 65th Street Chicago, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Six‑unit mix with two 3‑bed/1‑bath and four 2‑bed/1‑bath apartments; All six units modernized within the last five years; New roof and partial parapet rebuild
More about this property
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