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Three-Story Brick Six-Unit Apartment Building
New
For Sale
$339,900

2827 W 22nd Place, Chicago, IL 60623

MULTI_FAMILY - Chicago, IL

Lot Size0.07 Acres
Days on Market5

Property Features for 2827 W 22nd Place

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 9, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 7, Bathroom 5, Bathroom 3, Bedroom 1, Bedroom 12, Bedroom 4, Bathroom 2, Bathroom 6, Bedroom 8, Bedroom 11, Bedroom 10, Bedroom 5, Bedroom 6
Directions South on California, West on 22nd Pl.
Subdivision CHI - South Lawndale
Standard status Active
APN 16251060260000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 8036

Building Details

Year built 1888
Floors in Building 3
Number of units 6
Listing Agency: Area Wide Realty
Listed By: Michael Olszewski · License #471011979
Added: Jul 29 Changed: Aug 1 Last Checked: Aug 2 at 4:06AM
MLS# 12715158

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-story brick apartment building offers six units, each laid out as a 2BR/1BA configuration. The property includes dedicated exterior rear parking, with a 0.07-acre lot size and a build date of 1888. The sale is AS-IS.

Located at 2827 W 22nd Place in Chicago, the building is positioned near transit, shops, and highways, supporting a tenant-friendly live/work mix.

With all six units in a consistent 2BR/1BA format, the property provides a straightforward multi-unit configuration for buyers looking to update interiors and reposition the building.

Key Highlights

  • Three‑story brick six‑unit apartment building
  • Six 2BR/1BA apartments
  • Dedicated exterior rear parking

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store HVAC Service Veterinary Clinic Skin Care Clinic

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

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,671
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story brick, six-unit apartment building with dedicated exterior rear parking on a 0.07-acre lot.
Where is this apartment building located?
The property is located at 2827 W 22nd Place Chicago, IL.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Three‑story brick six‑unit apartment building; Six 2BR/1BA apartments; Dedicated exterior rear parking
More about this property
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