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Three-Unit Multifamily Property
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2942 W Pershing Road, Chicago, IL 60632

Legal MULTI-zoned configuration with central air and heat in every unit, plus a separate coach house.

Property SizeContact for details
Days on Market220

Property Features for 2942 W Pershing Road

General Information

Standard status Active
Property subtype Multifamily
Zoning MULTI

Units

Unit Mix 2 x 4BR/2BA, 1 x 3BR/1BA
Multifamily Units 3

Amenities

central air and heat
walk-out basement

Building Details

Year Built 1898
Buildings 2
Listing Agency: Kale Realty
Listed By: QianKun Chen · License #IL
Source: Crexi
Added: Jan 25 Changed: Aug 30 Last Checked: Aug 31 at 11:28AM

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 Kale Realty

Investment Insights

Based on property information with market context.

Built in 1898, this multifamily property is arranged as a legal three-unit residence. The front building contains two apartments, each with four bedrooms and two bathrooms. A separate coach house provides a third apartment with three bedrooms and one bathroom.

Central air and heat serve all three units. The coach house also includes a full unfinished walk-out basement, adding substantial ancillary space within the property’s existing configuration. The asset is located at 2942 W Pershing Road in Chicago, Illinois.

Key Highlights

  • Legal three‑unit property with MULTI zoning
  • Front building includes two 4‑bedroom, 2‑bath apartments
  • Separate coach house offers 3 bedrooms and 1 bathroom

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Daycare Center (Bike/Boat/Book/etc) Store Accounting Firm

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

948
Businesses Nearby

Demographics for 60632, IL

92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Legal MULTI-zoned configuration with central air and heat in every unit, plus a separate coach house.
Where is this triplex located?
The property is located at 2942 W Pershing Road Chicago, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Legal three‑unit property with MULTI zoning; Front building includes two 4‑bedroom, 2‑bath apartments; Separate coach house offers 3 bedrooms and 1 bathroom
(312) 939-5253 Call to check price and availability
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