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Corner Multifamily with Brick Buildings
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2401 S Leavitt St, Chicago, IL 60608

Corner multifamily featuring two brick buildings totaling five units, a 2-car garage, and outdoor space.

Property SizeContact for details
Days on Market121

Property Features for 2401 S Leavitt St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 5

Amenities

in-unit washer and dryer
quartz countertops
stainless steel appliances
barn doors
outdoor grilling and entertaining space
Listing Agency: SVN | Chicago Commercial
Listed By: Angelo Labriola · License #IL 475130926
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 1:50PM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

This corner multifamily property includes two brick buildings totaling five units, along with a 2-car garage and an additional parking pad. Two of the units have been completely renovated and feature quartz countertops, stainless steel appliances, barn doors, and in-unit washers and dryers. The two units above have received updates, but additional interior work would be needed to pursue higher rental rates.

The fifth unit is part of a standalone building with high exposed ceilings and an open floor plan. It includes a full bath and is currently being used as a live/work space. The four-unit building has a full basement with 6-1/2' ceilings, and the property sits on an oversized double lot with outdoor space described for grilling and entertaining.

Key Highlights

  • Corner multifamily with two brick buildings totaling 5 units, plus a 2‑car garage and parking pad for additional income
  • Two units have been completely renovated with quartz countertops, stainless steel appliances, barn doors, and in‑unit washers and dryers
  • Two additional units have had updates, with interior updates needed to achieve higher rents

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tanning Salon HVAC Service Garden 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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,274
Businesses Nearby

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
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 featuring two brick buildings totaling five units, a 2-car garage, and outdoor space.
Where is this apartment building located?
The property is located at 2401 S Leavitt St Chicago, IL.
What are key features of this property?
This property features: Corner multifamily with two brick buildings totaling 5 units, plus a 2‑car garage and parking pad for additional income; Two units have been completely renovated with quartz countertops, stainless steel appliances, barn doors, and in‑unit washers and dryers; Two additional units have had updates, with interior updates needed to achieve higher rents
(312) 676-1878 Call to check price and availability
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