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Well-Maintained Thirteen-Unit Apartment
For Sale
$910,000

1906 E 86th St, Chicago, IL 60617

Meticulously maintained multifamily asset offers large unit layouts and mechanical upgrades for steady residential income potential.

Days on Market60

Property Features for 1906 E 86th St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 13

Building Details

Tenancy Multi
Listing Agency:
Listed By: Aaron Sklar · License #IL #475161507
Source: Kisergroup
Added: Jun 1 Changed: Jul 10 Last Checked: Jul 30 at 5:57AM

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 Aaron Sklar

Investment Insights

Based on property information with market context.

This thirteen (13)-unit residential income property at 1906 E. 86th St is described as meticulously maintained and positioned on a quiet, tree-lined street among single-family homes. The offering highlights large unit layouts with the ability to add additional bedrooms, providing flexibility for how units may be configured over time. Improvements and upgrades include new hot water tanks and a modern Weil-McLain boiler with an R&D control system.

The building is located in Chicago’s Calumet Heights neighborhood, set slightly off the main activity while still maintaining convenient connectivity. Public remarks note the property is just a few blocks from the Dan Ryan Expressway, with access to downtown Chicago in roughly fifteen minutes.

For buyers and operators seeking a turn-key residential income property, the combination of upkeep, flexible unit potential, and updated mechanical systems supports an asset that can be managed for long-term stability. The neighborhood setting among single-family residences may also appeal to renters seeking a more residential feel while remaining within reach of major routes.

Key Highlights

  • 13‑unit multifamily property at 1906 E. 86th St in Chicago’s Calumet Heights neighborhood
  • Meticulously maintained building on a quiet, tree‑lined street among single‑family homes
  • Large unit layouts with the ability to add additional bedrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Skin Care Clinic Gym & Fitness Center Cafe & Coffee Shop

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

13
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

943
Businesses Nearby

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

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 - Meticulously maintained multifamily asset offers large unit layouts and mechanical upgrades for steady residential income potential.
Where is this apartment building located?
The property is located at 1906 E 86th St Chicago, IL.
What is the asking price?
The asking price for this property is $910,000.
What are key features of this property?
This property features: 13‑unit multifamily property at 1906 E. 86th St in Chicago’s Calumet Heights neighborhood; Meticulously maintained building on a quiet, tree‑lined street among single‑family homes; Large unit layouts with the ability to add additional bedrooms
More about this property
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