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Multifamily Property with Balcony
For Sale
$1,200,000
Pending

2544 W Gunnison Street, Chicago, IL 60625

1914-built residential income property with steam heat, ceiling fans, and a full unfinished area with sump pump.

Property SizeContact for details
Days on Market203

Property Features for 2544 W Gunnison Street

General Information

Standard status Pending
Total Parking Spaces 4
Property subtype Residential Income
Net Operating Income $52,689

Taxes and HOA fees

Annual Taxes $17,277

Amenities

Ceiling Fan(s)
Steam
Sump Pump, Unfinished, Full
No Garage, Detached, Garage
Balcony

Building Details

Year Built 1914
Listing Agency: Keller Williams Experience
Listed By: Christopher Tierney
Source: Evrealestate
Added: Feb 12 Changed: Aug 31 Last Checked: Aug 30 at 1:55PM

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 Keller Williams Experience

Investment Insights

Based on property information with market context.

This multifamily property was built in 1914 and includes a balcony, ceiling fans, and steam heat. Interior features also include a full unfinished area with a sump pump.

The property is located at 2544 W Gunnison Street in Chicago, Illinois 60625, within Cook County. Directions provided lead west on Lawrence to Western, north on Western to Gunnison, then west on Gunnison.

Key Highlights

  • Multifamily property at 2544 W Gunnison Street, Chicago, IL 60625
  • Built in 1914
  • Balcony included

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Garden Center Home Appliance Store Butcher Catering Service Computer & Electronic Repair

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

3,244
Businesses Nearby

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Multifamily property - 1914-built residential income property with steam heat, ceiling fans, and a full unfinished area with sump pump.
Where is this multifamily property located?
The property is located at 2544 W Gunnison Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Multifamily property at 2544 W Gunnison Street, Chicago, IL 60625; Built in 1914; Balcony included
More about this property
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