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Historic Greystone Gut-Rehab Opportunity
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3332 W Congress Parkway, Chicago, IL 60624

Historic Chicago greystone offered as-is with a complete gut-rehab in need of full renovation.

Days on Market14

Property Features for 3332 W Congress Parkway

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Highway Access Yes

Building Details

Year Built 1903
Construction Classical Revival
Listing Agency: Century 21 Universal
Listed By: Lizbeth Flores · License #475215440
Source: Crexi
Added: Jul 21 Changed: Jul 26 Last Checked: Aug 2 at 6:48AM

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 Century 21 Universal

Investment Insights

Based on property information with market context.

This historic Chicago greystone presents an investor-focused opportunity with a complete gut-rehab and full renovation required. The property features Classical Revival architecture and is being sold as-is, with condition described as poor. Due to the property’s condition, viewings are drive-by only, and entry is permitted only upon an accepted offer.

The property is located at 3332 W Congress Parkway in Chicago, IL. The public remarks note proximity to I-290, public transportation, parks, schools, and downtown Chicago.

Financing terms stated in the remarks require cash or renovation financing. The building is positioned for a buyer willing to restore the historic character through full renovation.

Key Highlights

  • Historic Chicago greystone with Classical Revival architecture
  • Year built: 1903
  • Sold AS‑IS; complete gut‑rehab in need of full renovation

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

955
Businesses Nearby

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Multifamily property - Historic Chicago greystone offered as-is with a complete gut-rehab in need of full renovation.
Where is this multifamily property located?
The property is located at 3332 W Congress Parkway Chicago, IL.
What is the asking price?
The asking price for this property is $147,000.
What are key features of this property?
This property features: Historic Chicago greystone with Classical Revival architecture; Year built: 1903; Sold AS‑IS; complete gut‑rehab in need of full renovation
(773) 671-1080 Call to check price and availability
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