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6-Unit Apartment Building
New
For Sale
$949,900

3305 N Lockwood Avenue, Chicago, IL 60641

Commercial Sale, Chicago, IL

Property SizeContact for details
Days on Market5

Property Features for 3305 N Lockwood Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Basement, Bedroom 8, Bathroom 6, Bedroom 5, Bedroom 3, Bathroom 5, Bedroom 6, Bedroom 7, Bedroom 4, Bedroom 1
Basement Partially Finished, Exterior Entry
Directions S of Addison Ave, E of Long Ave, E side of the street.
Subdivision CHI - Portage Park
Standard status Active
APN 13213220210000

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12045

Utilities

Utilities Water Available
Sewer type Public Sewer
Cooling system Window Unit(s)

Building Details

Year built 1928
Floors in Building 2
Number of units 6
Building materials Brick
Roof type Rubber
Listing Agency: Chicagoland Brokers, Inc.
Listed By: Krystyna Zielinska
Added: Oct 26 Changed: Oct 30 Last Checked: Oct 30 at 8:06AM
MLS# 12794619

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.

This 1928 brick apartment building contains six units: four one-bedroom, one-bath apartments and two two-bedroom, one-bath apartments. Improvements include a replacement roof, windows, tuckpointing, gutters, water heater, and furnace, along with renovated kitchens and bathrooms. The property is described as being in good condition and is offered in as-is condition.

All six apartments are occupied by long-term tenants on month-to-month arrangements. The property is zoned MULTI and has window-unit cooling, a rubber roof, water available, and public sewer.

Key Highlights

  • Six apartments: four one‑bedroom/one‑bath units and two two‑bedroom/one‑bath units
  • Long‑term occupants in all units; month‑to‑month tenancies
  • Updates include roof, windows, tuckpointing, gutters, water heater, and furnace

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,562
Businesses Nearby

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
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?
Multifamily property - Six residences offer a mix of one- and two-bedroom layouts, with kitchens and bathrooms updated.
Where is this multifamily property located?
The property is located at 3305 N Lockwood Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Six apartments: four one‑bedroom/one‑bath units and two two‑bedroom/one‑bath units; Long‑term occupants in all units; month‑to‑month tenancies; Updates include roof, windows, tuckpointing, gutters, water heater, and furnace
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