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Six-Unit Brick Apartment Building

2827 W 22nd Place, Chicago, IL 60623

For Sale
$339,900
Pending

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market102

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 3, Bedroom 9, Bedroom 7, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 6, Bedroom 4, Bedroom 10, Bedroom 8, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 5, Bedroom 12, Bedroom 11
Directions South on California, West on 22nd Pl.
Subdivision CHI - South Lawndale
Standard status Pending
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: Oct 23 Last Checked: Nov 7 at 12:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This six-unit multifamily property is arranged as a 3-story brick building with six apartments, each configured with 2 bedrooms and 1 bathroom. Dedicated exterior parking is located at the rear of the building, adding practical support for residents. The property was built in 1888 and is offered in its existing condition. The site encompasses 0.07 acres at 2827 W 22nd Place in Chicago, Illinois.

Key Highlights

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

Property Analytics

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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
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 - Three-story brick apartment property with two-bedroom layouts and dedicated exterior rear parking.
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: Six‑unit apartment building with six 2BR/1BA apartments; 3‑story brick construction; Dedicated exterior rear parking
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