58-Unit Single-Room Occupancy
For Sale
Contact for pricing
2847 W Washington Blvd, Chicago, IL 60612
Single-room occupancy property with units that include en-suite bathrooms and recent facility improvements.
Property SizeContact for details
Days on Market144
Property Features for 2847 W Washington Blvd
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Millennium Properties R/E
(312) 338-3000
Listed By:
Brad Thompson · License #IL 471013662
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 4:18PM
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 Millennium Properties R/E
Investment Insights
Based on property information with market context.
The property is a single-room occupancy hotel with 58 rentable units. A portion of the rooms includes en-suite bathrooms, and facility improvements have been completed. The asset is identified as the New Parie Hotel.
Located at 2847 W Washington Blvd in Chicago’s East Garfield Park neighborhood, the property sits on the city’s West Side near the Eisenhower Expressway. The surrounding area includes multiple employers and major transportation routes. More than 20% of East Garfield Park is managed by the Chicago Park District.
Located at 2847 W Washington Blvd in Chicago’s East Garfield Park neighborhood, the property sits on the city’s West Side near the Eisenhower Expressway. The surrounding area includes multiple employers and major transportation routes. More than 20% of East Garfield Park is managed by the Chicago Park District.
Key Highlights
- 58 rentable units in a single‑room occupancy hotel
- Some units include en‑suite bathrooms
- Facility improvements have been completed
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,084
Businesses Nearby
Explore this area
Business Placement
Demographics for 60612, IL
34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Single-room occupancy property with units that include en-suite bathrooms and recent facility improvements.
Where is this hotel located?
The property is located at 2847 W Washington Blvd Chicago, IL.
What are key features of this property?
This property features: 58 rentable units in a single‑room occupancy hotel; Some units include en‑suite bathrooms; Facility improvements have been completed
