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Multifamily Investment Property
For Sale
$390,000

224 N Lockwood Avenue, Chicago, IL 60644

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.12 Acres
Days on Market70

Property Features for 224 N Lockwood Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 1, Bedroom 3
Fencing Fenced
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions West on Washington to Lockwood, north to Address;
Subdivision CHI - Austin
Standard status Active
APN 16093110310000
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4219

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1893
Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: RE/MAX 10 in the Park · RE/MAX International
Listed By: Terry Umecker · License #471.000572
Added: Jun 13 Changed: Aug 20 Last Checked: Aug 21 at 12:06AM
MLS# 12677227

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property is listed for sale as part of the Residential income / other multifamily property category. The property is situated on a 0.12-acre lot and carries MULTI zoning, supporting multifamily use.

The address is 224 N Lockwood Avenue in Chicago, Illinois 60644, within Cook County.

Additional details such as building size, unit count, and condition were not provided in the available information.

Key Highlights

  • Home built in 1893
  • Vinyl siding exterior
  • Forced air heating with natural gas

Property Analytics

Current Use

Gina's Detailed Cleaning ... Commercial Cleaning Service

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Acupuncture (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

1,103
Businesses Nearby

Demographics for 60644, IL

47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property zoned MULTI on a 0.12-acre lot in Chicago, IL 60644.
Where is this multifamily property located?
The property is located at 224 N Lockwood Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Home built in 1893; Vinyl siding exterior; Forced air heating with natural gas
More about this property
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