6-Unit Apartment
For Sale
$1,500,000
310 W 32nd Street, Chicago, IL 60616
Individually heated apartments sit alongside attached RT-4-zoned land designated for multifamily development.
Property SizeContact for details
Days on Market16
Property Features for 310 W 32nd Street
General Information
Standard status
Active
Property subtype
Commercial
Site & Location
Neighborhood
Near South Side
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$19,382
Amenities
Membrane Roof
Building Details
Year Built
1891
Tenancy
Multi
Listing Agency:
REAL REALTY INC
(773) 869-0500
Listed By:
ALEN REDZIC
(773) 501-3122
Source:
Corcoran
Added: Oct 22
Changed: Nov 4
Last Checked: Nov 4 at 12:55PM
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 REAL REALTY INC
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Investment Insights
Based on property information with market context.
The 1891 apartment building has six units: one 1-bedroom/1-bathroom apartment, two 2-bedroom/1-bathroom apartments, two 3-bedroom/1-bathroom apartments, and one gutted unit being converted into a larger 2-bedroom apartment. Each unit has individual heat. The property also includes land attached to the east of the building, zoned RT-4 for multifamily use.
In Chicago’s Bridgeport/Armour Square area, the property is a few blocks from Rate Field and the Sox-35th Red Line station. I-90/94, the Halsted Street commercial corridor, Chinatown, IIT, Bronzeville, and the South Loop are also identified as nearby destinations.
In Chicago’s Bridgeport/Armour Square area, the property is a few blocks from Rate Field and the Sox-35th Red Line station. I-90/94, the Halsted Street commercial corridor, Chinatown, IIT, Bronzeville, and the South Loop are also identified as nearby destinations.
Key Highlights
- Six‑unit apartment building constructed in 1891
- Unit mix includes one 1‑bedroom/1‑bathroom, two 2‑bedroom/1‑bathroom, and two 3‑bedroom/1‑bathroom apartments
- One gutted unit is being converted into a larger 2‑bedroom apartment
Property Analytics
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Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,765
Businesses Nearby
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Business Placement
Demographics for 60616, IL
54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
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Market
Properties on Market for Apartment buildings in Chicago
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Individually heated apartments sit alongside attached RT-4-zoned land designated for multifamily development.
Where is this apartment building located?
The property is located at 310 W 32nd Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Six‑unit apartment building constructed in 1891; Unit mix includes one 1‑bedroom/1‑bathroom, two 2‑bedroom/1‑bathroom, and two 3‑bedroom/1‑bathroom apartments; One gutted unit is being converted into a larger 2‑bedroom apartment
