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Brick Three-Unit Triplex
For Sale
Under Contract
$500,000

327 S Richmond Street, Chicago, IL 60612

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market54

Property Features for 327 S Richmond Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bathroom 4, Basement, Bedroom 5, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 6, Bathroom 3, Bathroom 5, Bathroom 1, Bedroom 4
Parking 2
Parking features Garage
Fencing Fenced
Basement Finished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions Van Buren & California West to Richmond North one block
Subdivision CHI - East Garfield Park
Standard status Active Under Contract
APN 16131220361001

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10732

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Amenities

gated
fenced backyard
private laundry room
rear porch

Building Details

Year built 1903
Building materials Brick
Listing Agency: Keller Williams Infinity · Keller Williams Realty
Listed By: Amy Kite · License #475132989
Added: Jul 8 Changed: Aug 20 Last Checked: Aug 30 at 11:06AM
MLS# 12699296

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 vacant brick triplex contains three residences, each configured with 2 bedrooms, 2 full bathrooms, and a private laundry room. The garden unit has an independent entrance and includes luxury vinyl plank flooring, updated cabinetry, and stainless steel appliances. The upper residences share the primary building entry and each has a rear porch. The property is being sold AS IS and carries MULTI zoning.

Additional improvements include a detached 2.5-car garage with alley access, a fenced backyard, public water and sewer service, natural gas, and forced-air heating. The roof was replaced in 2020. Located at 327 S Richmond Street in Chicago’s East Garfield Park, the property provides access to downtown Chicago, transportation, and neighborhood amenities.

Key Highlights

  • Three vacant units, each with 2 bedrooms and 2 full bathrooms
  • Garden unit with private entrance, updated cabinetry, stainless steel appliances, and luxury vinyl plank flooring
  • Detached 2.5‑car garage with alley access

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office HVAC Service Skin Care Clinic Accounting Firm Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,012
Businesses Nearby

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Vacant multifamily property with a detached garage, fenced backyard, and private garden-level entry.
Where is this triplex located?
The property is located at 327 S Richmond Street Chicago, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Three vacant units, each with 2 bedrooms and 2 full bathrooms; Garden unit with private entrance, updated cabinetry, stainless steel appliances, and luxury vinyl plank flooring; Detached 2.5‑car garage with alley access
More about this property
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