Building Details

Year Built 1927

Stories 4

Units 85

Listing Agency: Pearson Realty Group d***@pearsonrealtygroup.com Show Phone

Listed By: David McLennan · License #IL 475165323

Source: Crexi

Added: Mar 5 Changed: Aug 8 Last Checked: Aug 8 at 6:29AM

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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 Pearson Realty Group

Investment Insights

Based on property information with market context.

This multifamily property features 85 units and presents an investment opportunity with a capitalized rate of 7.80%.

Key Highlights

• Multifamily Property
• 85 Units
• 7.80% CAP Rate**

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop Acupuncture

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

1,126

Businesses Nearby

Explore this area Business Placement

Demographics for 60629, IL

114,453

Population

36,283

Households

3.2

Avg Household Size

33

Median Age

14%

College-Educated

74%

High-School Grad

7.0 sq mi

ZIP Area

16,350

Density / Sq Mi

$58,813

Median Household Income

$34,635

Median Earnings

$1,106

Median Rent

$236,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - 85-unit multifamily property with a 7.80% CAP rate.

Where is this apartment building located?

The property is located at 3000 W Marquette Road Chicago, IL.

What is the asking price?

The asking price for this property is $6,500,000.

What are key features of this property?

This property features: Multifamily Property; 85 Units; 7.80% CAP Rate**