Multifamily Property with New Rear
New
For Sale
$80,000
321 E 116th Street, Chicago, IL 60628
Residential Income, Chicago, IL
Property SizeContact for details
Days on Market5
Property Features for 321 E 116th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
1
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Basement, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4
Parking
2
Parking features
Garage
Basement
Unfinished, Full
Elementary school district
299
Middle school district
299
High school district
299
Directions
115th To Front Ave South to 116th St North To Property
Subdivision
CHI - West Pullman
Standard status
Active
APN
25223120090000
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
1798
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Building Details
Year built
1903
Building materials
Frame
Listing Agency:
RE/MAX Mi Casa · RE/MAX International
(773) 767-1616
Listed By:
Carlos Patino · License #475126754
(773) 767-1616
Added: Aug 21
Changed: Aug 24
Last Checked: Aug 25 at 12:06AM
MLS# 12740427
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multi-level frame multifamily property was built in 1903 and includes unit layouts with a living room, kitchen, and two bedrooms. A rear porch has been added, while the basement and attic remain unfinished for storage or future buildout. The property is being sold as-is.
Building systems include natural gas heat and public sewer service. Garage parking is provided. The configuration offers a combination of defined residential living areas and unfinished secondary space within the existing structure.
Building systems include natural gas heat and public sewer service. Garage parking is provided. The configuration offers a combination of defined residential living areas and unfinished secondary space within the existing structure.
Key Highlights
- New rear porch added to the property
- Each unit includes a living room, kitchen, and 2 bedrooms
- Unfinished basement and attic areas
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
Explore this area
Business Placement
Demographics for 60628, IL
62,832
Population
28,736
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
5,712
Density / Sq Mi
$49,719
Median Household Income
$35,974
Median Earnings
$1,168
Median Rent
$158,500
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?
Multifamily property - Multi-level multifamily property with two-bedroom unit layouts, unfinished basement and attic areas, and garage parking.
Where is this multifamily property located?
The property is located at 321 E 116th Street Chicago, IL.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: New rear porch added to the property; Each unit includes a living room, kitchen, and 2 bedrooms; Unfinished basement and attic areas
