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9-Unit Apartment Building

2452 W 59th Street, Chicago, IL 60629

For Sale
New
$799,000

The property includes dedicated parking, street parking, and storage lockers.

Property SizeContact for details
Days on Market5

Property Features for 2452 W 59th Street

General Information

Standard status Active
Total Parking Spaces 5
Property subtype Commercial
Zoning COMMR

Site & Location

Neighborhood Gage Park

Units

Unit Mix 8 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 9

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $13,976

Amenities

washer and dryer hook-up
storage lockers

Building Details

Year Built 1968
Buildings 1
Stories 3
Units 9
Tenancy Multi
Listing Agency: Baird & Warner
Listed By: Patrick Zomparelli · License #475133198
Source: Amberrealty
Added: Nov 2 Last Checked: Nov 6 at 2:02AM

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 Baird & Warner

Rey
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Investment Insights

Based on property information with market context.

This apartment building contains nine units: eight two-bedroom, one-bath apartments and one one-bedroom, one-bath apartment. Five parking spaces are dedicated to the property, with additional street parking available. The building was constructed in 1968 and is zoned COMMR.

Nine storage lockers are available, and the boiler room has washer and dryer hookups. The roof is 20 years old.

Key Highlights

  • Nine apartments: eight 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
  • Five dedicated parking spaces, plus street parking
  • Nine available storage lockers

Property Analytics

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Lease Details

9
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

950
Businesses Nearby

Demographics for 60629, IL

114,453
Population
36,283
Households
3.2
Avg Household Size
33
Median Age
14%
College-Educated
74%
High-School Grad
7.0 sq mi
ZIP Area
16,350
Density / Sq Mi
$58,813
Median Household Income
$34,635
Median Earnings
$1,106
Median Rent
$236,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - The property includes dedicated parking, street parking, and storage lockers.
Where is this apartment building located?
The property is located at 2452 W 59th Street Chicago, IL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Nine apartments: eight 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Five dedicated parking spaces, plus street parking; Nine available storage lockers
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