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Contemporary Multifamily Elevator Building
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2524 W Diversey Pky., Chicago, IL 60647

New 8-unit elevator building under construction with duplex, penthouse, and simplex configurations and dedicated parking per unit.

Property SizeContact for details
Days on Market123

Property Features for 2524 W Diversey Pky.

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Multifamily

Additional Details

Multifamily Units 8

Building Details

Year Built 2019
Listing Agency: Hansen Realty Inc.
Listed By: Michael Milstead · License #475141833
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 8:09PM

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 Hansen Realty Inc.

Investment Insights

Based on property information with market context.

A new 2019-construction, 8-unit elevator multifamily building is currently under construction. Designed with contemporary interior finishes, the units are described as including Bosch appliances, stained hardwood and porcelain flooring, and quartz countertops. Apartment layouts feature master bedrooms with walk-in closets and en-suite bathrooms, along with multiple outdoor options such as a covered front balcony, an additional master balcony, and exclusive rooftop patios.

The building is planned to include two duplex units (4 bed/3 bath), two penthouses (3 bed/2 bath), and four simplex split-level units (3 bed/2 bath). One parking spot is available per unit. The property is located at 2524 W Diversey Pkwy, Chicago, IL 60647, with rooftop patio views referenced as spanning the Chicago skyline.

Key Highlights

  • New 8‑unit elevator building under construction (2019 construction).
  • Unit mix includes 2 duplexes (4 bed/3 bath), 2 penthouses (3 bed/2 bath), and 4 simplex split‑level units (3 bed/2 bath).
  • Elevator building with contemporary finishes, including Bosch appliances, stained hardwood + porcelain flooring, and quartz countertops.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Nursing Home Butcher Accounting Firm Clothing & Fashion 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.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

2,809
Businesses Nearby

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
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 - New 8-unit elevator building under construction with duplex, penthouse, and simplex configurations and dedicated parking per unit.
Where is this apartment building located?
The property is located at 2524 W Diversey Pky. Chicago, IL.
What are key features of this property?
This property features: New 8‑unit elevator building under construction (2019 construction).; Unit mix includes 2 duplexes (4 bed/3 bath), 2 penthouses (3 bed/2 bath), and 4 simplex split‑level units (3 bed/2 bath).; Elevator building with contemporary finishes, including Bosch appliances, stained hardwood + porcelain flooring, and quartz countertops.
(312) 547-9704 Call to check price and availability
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