Multifamily Building with Rear
321 E 116th Street, Chicago, IL 60628
For Sale
$70,000
Under Contract
Residential Income, Chicago, IL
Property SizeContact for details
Days on Market79
Property Features for 321 E 116th Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Basement
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Building Details
Year built
Building materials
Listing Agency:
RE/MAX Mi Casa · RE/MAX International
Listed By:
Carlos Patino · License #475126754
(773) 767-1616
Added: Aug 21
Changed: Oct 28
Last Checked: Nov 7 at 3:06PM
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.
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Investment Insights
Based on property information with market context.
Built in 1903, this frame multifamily property has a multi-level layout. Each unit contains a living room, kitchen, and two bedrooms. A new rear porch adds an exterior feature, while the basement and attic remain unfinished. The property has natural gas heat, public sewer, and a garage. It is located at 321 E 116th Street in Chicago and is offered as-is.
Key Highlights
- Each unit includes a living room, kitchen, and two bedrooms
- New rear porch
- Unfinished basement and attic
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Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
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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
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Market
Properties on Market for Multifamily properties in Chicago
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Each unit has a living room, kitchen, and two bedrooms.
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 $70,000.
What are key features of this property?
This property features: Each unit includes a living room, kitchen, and two bedrooms; New rear porch; Unfinished basement and attic
