Search
Four-Unit Apartment Building
New
For Sale
$530,000

3501 W Walnut Street, Chicago, IL 60624

Each apartment has two bedrooms, one bathroom, individual HVAC and in-unit laundry.

Property SizeContact for details
Days on Market6

Property Features for 3501 W Walnut Street

General Information

Standard status Active
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $7,920

Amenities

in-unit laundry
individual HVAC
basement

Building Details

Year Built 1891
Buildings 1
Listing Agency: Redfin Corporation
Listed By: Miguel Lopez · License #475176198
Source: Harkinsandassociates
Added: Oct 12 Changed: Oct 16 Last Checked: Oct 16 at 2:08PM

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 Redfin Corporation

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1891, this corner apartment property contains four residences, each with two bedrooms and one bathroom. Individual HVAC systems and in-unit laundry serve each apartment, while separate gas and electric meters are provided for all four units. A full basement offers storage space.

The property is within walking distance of the Kedzie Green Line L station and Kedzie Metra stop. I-290 is accessible nearby, and street parking is available.

Key Highlights

  • Four apartments, each configured with 2 bedrooms and 1 bathroom
  • Individual HVAC systems and in‑unit laundry in each residence
  • Separate gas and electric meters for all units

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Locksmith HVAC Service Pet Grooming Service

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

978
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Each apartment has two bedrooms, one bathroom, individual HVAC and in-unit laundry.
Where is this quadplex located?
The property is located at 3501 W Walnut Street Chicago, IL.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Four apartments, each configured with 2 bedrooms and 1 bathroom; Individual HVAC systems and in‑unit laundry in each residence; Separate gas and electric meters for all units
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again