Search
12-Unit Apartment Building

3202 West 66th Place, Chicago, IL 60629

For Sale
Contact for pricing

The building uses electric heating and individual hot water tanks, with no gas service.

Property Size11,175 SF
Price / SF$82.77
Days on Market103

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

Site & Location

Neighborhood Marquette Park

Building Details

Year Built 1965
Stories 3
Units 12
Tenancy Multi
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Kyle Stengle · License IL 475.138461
Source: Crexi
Added: Jul 31 Changed: Nov 4 Last Checked: Nov 10 at 6:47AM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

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.

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

Location Intelligence

Trade Area within ½ mile

805
Businesses Nearby

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

Properties on Market for Apartment buildings in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

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
(312) 636-6383 Call to check price and availability
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved