12-Unit Apartment
For Sale
Contact for pricing
3202 West 66th Place, Chicago, IL 60629
The building uses electric heating and individual hot water tanks, with no gas service.
Property Size11,175 SF
Price / SF$82.77
Days on Market11
Property Features for 3202 West 66th Place
General Information
Standard status
Active
Size
11,175 SF
Property subtype
Multifamily
Occupancy
83%
Investment Type
Value Add
Net Operating Income
$75,635
Building Details
Year Built
1965
Stories
3
Units
12
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Chicago Downtown
(312) 327-5463
Listed By:
Kyle Stengle · License #IL 475.138461
Source:
Crexi
Added: Jul 31
Changed: Aug 9
Last Checked: Aug 9 at 2:10PM
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 Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
Constructed in 1965, this apartment building contains 12 residential units across 11,175 rentable square feet. The configuration includes nine two-bedroom, one-bath apartments and three one-bedroom, one-bath apartments. Originally developed as a condominium building, the property operates without gas service and uses electric heating with individual hot water tanks.
The tenant base is predominantly subsidized, and the property has strong in-place collections. The building is located in Chicago’s Marquette Park neighborhood, with access to neighborhood retail, schools, parks, public transportation, and major city thoroughfares.
The tenant base is predominantly subsidized, and the property has strong in-place collections. The building is located in Chicago’s Marquette Park neighborhood, with access to neighborhood retail, schools, parks, public transportation, and major city thoroughfares.
Key Highlights
- 12‑unit apartment building with 11,175 rentable square feet
- Unit mix includes nine 2‑bedroom/1‑bath units and three 1‑bedroom/1‑bath units
- Constructed in 1965
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
805
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - The building uses electric heating and individual hot water tanks, with no gas service.
Where is this apartment building located?
The property is located at 3202 West 66th Place Chicago, IL.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 12‑unit apartment building with 11,175 rentable square feet; Unit mix includes nine 2‑bedroom/1‑bath units and three 1‑bedroom/1‑bath units; Constructed in 1965
