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Triplex with Oversized Lot
For Sale
Contact for pricing
Pending

321 N Long Avenue, Chicago, IL 60644

Chicago multifamily property with a two-car garage, enclosed porch or office areas, and flexible vacant space.

Property SizeContact for details
Days on Market60

Property Features for 321 N Long Avenue

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multifamily
Zoning MULTI

Additional Details

Multifamily Units 3

Building Details

Year Built 1890
Buildings 1
Listing Agency: The Hampton Collective
Listed By: Brandi Hampton · License #IL 475166488
Source: Crexi
Added: Aug 28 Changed: Oct 25 Last Checked: Oct 24 at 3:41PM

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 The Hampton Collective

Rey
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Investment Insights

Based on property information with market context.

This Chicago triplex, built in 1890, includes a first-floor residence that extends into the basement as a duplex-down configuration. The combined layout provides 4 bedrooms and 2 bathrooms, while a basement kitchenette adds flexibility. The connecting stairwell is currently blocked, and both the first-floor and basement areas are vacant. Property features include central air, individual HVAC systems, high ceilings, hardwood flooring, newer windows, and enclosed porch or office space. Utilities are paid by tenants when occupied.

The property occupies an oversized lot and includes a 2-car garage. Zoned MULTI, it is being offered in as-is condition. The address is 321 N Long Avenue in Chicago, Illinois, with the existing layout providing multiple residential areas for an owner-occupant or purchaser planning future improvements.

Key Highlights

  • Triplex built in 1890 at 321 N Long Avenue, Chicago, IL 60644
  • First‑floor duplex‑down layout includes 4 bedrooms and 2 bathrooms
  • Basement kitchenette and currently vacant first‑floor and basement areas

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

995
Businesses Nearby

Demographics for 60644, IL

47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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?
Triplex - Chicago multifamily property with a two-car garage, enclosed porch or office areas, and flexible vacant space.
Where is this triplex located?
The property is located at 321 N Long Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Triplex built in 1890 at 321 N Long Avenue, Chicago, IL 60644; First‑floor duplex‑down layout includes 4 bedrooms and 2 bathrooms; Basement kitchenette and currently vacant first‑floor and basement areas
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