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South Roscoe Village Condo
For Sale
$390,000

2933 N Clybourn Avenue #204, Chicago, IL 60618

Well-maintained 2 bed, 2 bath condo near Hamlin Park.

Property Size1,150 SF
Days on Market434

Property Features for 2933 N Clybourn Avenue #204

General Information

Standard status Active
Size 1,150 SF
Property subtype Condominium

Amenities

Natural Gas
Forced Air
Central Air
Range
Microwave
Dishwasher
Refrigerator
Freezer
Washer
Dryer
Disposal

Building Details

Building Size 1,150 SF
Year Built 2004
Listing Agency: USRealty.com
Listed By: Derek Morgan · License #471012933
Source: Kw
Added: Aug 1, 2025 Changed: Sep 30 Last Checked: Oct 7 at 11:03AM

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 USRealty.com

Investment Insights

Based on property information with market context.

Located in South Roscoe Village/West Lakeview, this unit is situated in a well-maintained, 15-unit boutique building. The building is pet-friendly and professionally managed with low assessments. The property is located a quarter block from Hamlin Park, which features a dog park, new pool, playground, tennis, and basketball courts. This is the largest 2-bedroom, 2-bathroom floorplan available in these condos. The unit includes a heated, attached garage space. Additional features include hardwood floors, a balcony off the living room, a master en-suite, stainless steel appliances, an in-unit washer and dryer, granite countertops, a breakfast bar/island, and high ceilings.

Key Highlights

  • Largest 2/2 floorplan in the condo complex.
  • Highly desirable location away from Clybourn‑facing side.
  • Heated/attached garage space included.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,659
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,180 $333.2K
Cap Rate 7%
$237,986 $238.0K
Cap Rate 9%
$185,100 $185.1K
Market Conditions
NOI Build-Up for 1,150 SF
Gross rent
$32.2K $27.96/SF
− Vacancy
−$1.9K −$1.62/SF
EGI
$30.3K $26.34/SF
− OpEx
−$13.6K −$11.85/SF
NOI
$16.7K $14.49/SF
Area
ZIP 60618
Vacancy
5.80%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,180
Cap Rate 7%
$237,986
Cap Rate 9%
$185,100

Alternative Uses

Best Use
Apartment 5plus
$238.0K
$208.2K – $277.7K (±1% cap)
NOI $16,659 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$502.5K
$439.7K – $586.2K (±1% cap)
NOI $35,172 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Attract Click Marketing & Advertising

Suggested Use

Top Pick Accounting Firm HVAC Service Nursing Home Discount Store (Bike/Boat/Book/etc) Store Electrical Service

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

2,029
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Well-maintained 2 bed, 2 bath condo near Hamlin Park.
Where is this apartment building located?
The property is located at 2933 N Clybourn Avenue #204 Chicago, IL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Largest 2/2 floorplan in the condo complex.; Highly desirable location away from Clybourn‑facing side.; Heated/attached garage space included.
More about this property
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