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6-Unit Apartment Building

2222 N Major Ave, Chicago, IL 60639

For Sale
New
$690,000

This Chicago multifamily property comprises six residential units.

Property Size4,600 SF
Days on Market3

Property Features for 2222 N Major Ave

General Information

Standard status Active
Size 4,600 SF
Property subtype Multifamily

Site & Location

Neighborhood Belmont Central

Additional Details

Cap Rate 7.55%
Multifamily Units 6

Amenities

Located in the Belmont Cragin Neighborhood
Strong In-Place Cash Flow with Further Rental Upside
Two Buildings: Five-Unit Building in Front, Three-Bedroom Coach House in Rear
All Units Updated/Renovated Over Course of Current Ownership
Public Transportation Readily Available at Hanson Park Metra Station
Hanson Park and Cook County Health Belmont Cragin Health Center Within Walking Distance

Building Details

Building Size 4,600 SF
Units 6
Listing Agency: Chicago Oak Brook Office
Listed By: Ryan Engle
Source: Marcusmillichap
Added: Nov 8 Last Checked: Nov 10 at 5:07AM

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 Chicago Oak Brook Office

Rey
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Investment Insights

Based on property information with market context.

The property is a six-unit apartment building at 2222 N Major Ave in Chicago’s Belmont Cragin neighborhood. Its residential configuration is the primary documented feature.

Key Highlights

  • Six‑unit apartment building
  • Located at 2222 N Major Ave in Chicago’s Belmont Cragin neighborhood

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

968
Businesses Nearby

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Apartment buildings in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - This Chicago multifamily property comprises six residential units.
Where is this apartment building located?
The property is located at 2222 N Major Ave Chicago, IL.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Six‑unit apartment building; Located at 2222 N Major Ave in Chicago’s Belmont Cragin neighborhood
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