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Multifamily Portfolio in Washington Park
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352 East 60th Street, Chicago, IL 60637

Two-building, 46-unit multifamily portfolio in Chicago's Washington Park neighborhood.

Property Size44,524 SF
Lot Size0.63 Acres
Days on Market95

Property Features for 352 East 60th Street

General Information

Standard status Active
Size 44,524 SF
Lot size 0.63 Acres
Property subtype Multifamily
Zoning RM-5

Building Details

Year Built 1914
Buildings 2
Stories 4
Units 46
Listing Agency: SVN Chicago Commercial
Listed By: Joe Connelly · License #475202263 IL
Source: Crexi
Added: May 22 Changed: Aug 21 Last Checked: Aug 23 at 1:12PM

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 SVN Chicago Commercial

Investment Insights

Based on property information with market context.

Located in Chicago’s Washington Park neighborhood, the multifamily portfolio at 352–370 E. 60th Street consists of two buildings with a total of 46 units. The portfolio includes 352 E. 60th Street, a three-story masonry building constructed in 1898, featuring 21 units and spanning 19,974 square feet. It is located at the northeast corner of 60th Street and Calumet Avenue. The second building, 362 E. 60th Street, is a three-story masonry building constructed in 1914, offering 25 units and 41,324 square feet. It is situated at the northwest corner of 60th Street and Martin Luther King Drive, directly across from the 370-acre Washington Park. Together, the two properties comprise 77,360 square feet on a combined site area of approximately 0.63 acres. Both buildings are zoned RM-5 and feature a family-oriented unit mix of two- and three-bedroom apartments. Located approximately six miles south of downtown Chicago, the properties are one mile southwest of the University of Chicago Hyde Park campus and the Museum of Science and Industry, and eight miles southeast of Midway International Airport. The neighborhood is served by multiple CTA bus routes, the CTA Green Line, the Dan Ryan Expressway (I-90/94), and DuSable Lake Shore Drive (SR41). The properties are situated just two blocks west of the University of Chicago campus, ensuring a consistent high-demand tenant base of graduate students, faculty, and University of Chicago Medicine professionals.

Key Highlights

  • Prime location two blocks west of the University of Chicago campus, ensuring a consistent high‑demand tenant base.
  • Portfolio of 46 units in two buildings totaling 77,360 SF on 0.63 acres.
  • Located directly across from Washington Park, a 370‑acre City of Chicago park.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Gym & Fitness Center Spa & Massage Center Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

868
Businesses Nearby

Demographics for 60637, IL

53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
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?
Apartment building - Two-building, 46-unit multifamily portfolio in Chicago's Washington Park neighborhood.
Where is this apartment building located?
The property is located at 352 East 60th Street Chicago, IL.
What are key features of this property?
This property features: Prime location two blocks west of the University of Chicago campus, ensuring a consistent high‑demand tenant base.; Portfolio of 46 units in two buildings totaling 77,360 SF on 0.63 acres.; Located directly across from Washington Park, a 370‑acre City of Chicago park.
More about this property
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