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Four-Unit Brick Apartment Building
New
For Sale
$750,000

1851 S Harding Avenue, Chicago, IL 60623

Three upper residences offer three bedrooms and two baths each; the lower-level home has three bedrooms and one bath.

Property SizeContact for details
Days on Market3

Property Features for 1851 S Harding Avenue

General Information

Standard status Active
Net Rentable 7,000 SF
Property subtype MULTI_FAMILY
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Units

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

Taxes and HOA fees

Annual Taxes $18,370

Building Details

Year Built 1923
Buildings 1
Construction all-brick
Listing Agency: Grandview Realty, LLC
Listed By: Christopher Clark · License #471021845
Source: Dawnmckennagroup
Added: Oct 8 Changed: Oct 10 Last Checked: Oct 9 at 6:09PM

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 Grandview Realty, LLC

Investment Insights

Based on property information with market context.

This all-brick, four-unit apartment property contains approximately 7,000 SF of rentable space and was built in 1923. Three upper-level apartments are each approximately 2,000 SF, with three bedrooms, two bathrooms, and 9-foot ceilings. The lower-level residence is approximately 1,000 SF and has three bedrooms and one bathroom. The building is fully occupied.

In Chicago’s North Lawndale neighborhood, the property is near public transportation, I-290, the Illinois Medical District, UIC, Rush, shopping, dining, and neighborhood services.

Key Highlights

  • Four‑unit all‑brick apartment building
  • Approximately 7,000 SF of rentable space
  • Three upper units are approximately 2,000 SF each, with 3 bedrooms, 2 baths, and 9‑foot ceilings

Property Analytics

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Current Use

1851 S Harding ... Association Or Organization

Suggested Use

Top Pick Law Firm Nursing Home HVAC Service Skin Care Clinic Veterinary Clinic Carpet & Flooring Store

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

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,187
Businesses Nearby

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Three upper residences offer three bedrooms and two baths each; the lower-level home has three bedrooms and one bath.
Where is this quadplex located?
The property is located at 1851 S Harding Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four‑unit all‑brick apartment building; Approximately 7,000 SF of rentable space; Three upper units are approximately 2,000 SF each, with 3 bedrooms, 2 baths, and 9‑foot ceilings
More about this property
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