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Six-Unit Brick Building in Chicago
For Sale
$898,700

2651 S Lawndale Avenue, Chicago, IL 60623

Well-maintained six-unit building in Little Village neighborhood.

Days on Market112

Property Features for 2651 S Lawndale Avenue

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1906
Listing Agency: URBANITAS INC.
Listed By: MARIA CORRAL
Source: Corcoran
Added: Apr 13 Changed: Jul 10 Last Checked: Aug 2 at 7:52AM

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 URBANITAS INC.

Investment Insights

Based on property information with market context.

This is a six-unit brick building located in the Little Village neighborhood. The property is situated on an oversized city lot and is near transportation options. Each unit is equipped with separate gas and electric utilities. The building is well-kept and maintained, featuring a full-sized unfinished attic, enclosed porch, and hallways. Each unit consists of two bedrooms, a living room, and a kitchen, with good-sized rooms. The property is located near stores, shops, schools, and restaurants.

Key Highlights

  • Six‑unit brick building in Little Village
  • Each unit has separate gas and electric utilities
  • Oversized city lot

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Hotel & Motel (Bike/Boat/Book/etc) Store Locksmith

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

1,733
Businesses Nearby

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
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?
Apartment building - Well-maintained six-unit building in Little Village neighborhood.
Where is this apartment building located?
The property is located at 2651 S Lawndale Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $898,700.
What are key features of this property?
This property features: Six‑unit brick building in Little Village; Each unit has separate gas and electric utilities; Oversized city lot
More about this property
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