Quadplex With Detached
For Sale
$799,000
3001 S Haynes Ct, Chicago, IL 60608
Income-producing residential property with open-concept kitchens, private porches, and coin-operated laundry.
Property Size3,818 SF
Price / SF$209.27
Days on Market49
Property Features for 3001 S Haynes Ct
General Information
Standard status
Active
Size
3,818 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Site & Location
Neighborhood
Bridgeport
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 3BR, 2 x 2BR, 2 x 1BR
Multifamily Units
5
Amenities
private porches
coin-operated laundry
Building Details
Year Built
1903
Listing Agency:
Century 21 S.G.R., Inc.
Listed By:
Qizhong Guan
(312) 326-2121
Source:
Saladinosells
Added: Sep 19
Changed: Oct 25
Last Checked: Oct 5 at 8:54PM
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 Century 21 S.G.R., Inc.
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Investment Insights
Based on property information with market context.
This quadplex includes approximately 3,818 square feet with 9 bedrooms and 5 bathrooms. Interior features include open-concept kitchens, 10'+ ceilings, and private porches. The property also offers an expansive unfinished basement, coin-operated laundry, and a detached 2-car garage. Recent improvements include a tear-off roof completed about 5-6 years ago, a newer porch, and some newer windows.
Located at 3001 S Haynes Court in Chicago, the property is near I-55, CTA Bus #62, the Orange Line, Palmisano Park, Cermak Produce, Mariano's, Chinatown, Downtown, Guaranteed Rate Field, and the lakefront. Six gas meters and 6 electric meters serve the property, adding useful infrastructure for its multi-unit configuration.
Located at 3001 S Haynes Court in Chicago, the property is near I-55, CTA Bus #62, the Orange Line, Palmisano Park, Cermak Produce, Mariano's, Chinatown, Downtown, Guaranteed Rate Field, and the lakefront. Six gas meters and 6 electric meters serve the property, adding useful infrastructure for its multi-unit configuration.
Key Highlights
- Approximately 3,818 sq ft with 9 bedrooms and 5 bathrooms
- 10'+ ceilings, open‑concept kitchens, and private porches
- 6 gas meters and 6 electric meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,645
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,272,900
$1.3M
Cap Rate 7%
$909,214
$909.2K
Cap Rate 9%
$707,167
$707.2K
Market Conditions
NOI Build-Up for 3,818 SF
Gross rent
$96.2K $25.20/SF
− Vacancy
−$5.3K −$1.39/SF
EGI
$90.9K $23.81/SF
− OpEx
−$27.3K −$7.14/SF
NOI
$63.6K $16.67/SF
Area
Chicago, IL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,272,900
Cap Rate 7%
$909,214
Cap Rate 9%
$707,167
Alternative Uses
Best Use
Multifamily LT 5
$909.2K
$795.6K – $1.06M
NOI $63,645 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$836.1K
$731.6K – $975.5K
NOI $58,527 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$1.80M
$1.58M – $2.10M
NOI $126,012 @ 7.0% cap · market cap 15.77%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
5
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,112
Businesses Nearby
Explore this area
Business Placement
Demographics for 60608, IL
75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value
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Market
Properties on Market for Quadplexes in Chicago
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Income-producing residential property with open-concept kitchens, private porches, and coin-operated laundry.
Where is this quadplex located?
The property is located at 3001 S Haynes Ct Chicago, IL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Approximately 3,818 sq ft with 9 bedrooms and 5 bathrooms; 10'+ ceilings, open‑concept kitchens, and private porches; 6 gas meters and 6 electric meters
