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23-Unit Apartment Building
For Sale
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2865 W Shakespeare Ave, Chicago, IL 60647

Multifamily property with one-, two-, and three-bedroom residences and updated interior finishes.

Property SizeContact for details
Days on Market143

Property Features for 2865 W Shakespeare Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Public Transit Yes
Multifamily Units 23

Amenities

new stainless steel appliances
quartz counters
hardwood floors
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Kyle Stengle · License #IL 475.138461
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 5:28AM

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 Marcus & Millichap - Chicago Downtown

Investment Insights

Based on property information with market context.

This multifamily property contains 23 apartments arranged in a mix of one-bedroom, two-bedroom, and three-bedroom residences. Interior improvements include new stainless steel appliances, quartz countertops, and hardwood flooring throughout the apartments.

The property is in Chicago’s Logan Square neighborhood, approximately a five-minute walk from the CTA California Blue Line “L” station. CTA bus stops serving routes 73 and 52 are each about a four-minute walk away, providing multiple transit connections within the immediate area.

Key Highlights

  • 23 apartments with one-, two-, and three‑bedroom unit types
  • New stainless steel appliances
  • Quartz countertops throughout the apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home Carpet & Flooring Store Fish Market Tanning Salon HVAC Service Bed & Breakfast

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

23
Residential units

Location Intelligence

Trade Area within ½ mile

2,606
Businesses Nearby

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
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 - Multifamily property with one-, two-, and three-bedroom residences and updated interior finishes.
Where is this apartment building located?
The property is located at 2865 W Shakespeare Ave Chicago, IL.
What are key features of this property?
This property features: 23 apartments with one-, two-, and three‑bedroom unit types; New stainless steel appliances; Quartz countertops throughout the apartments
(312) 636-6383 Call to check price and availability
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