Renovated Graystone Multifamily
For Sale
Contact for pricing
3533 W 12th Place, Chicago, IL 60623
Turnkey renovated brick graystone with three residential units and a finished basement, each unit metered for gas and electric.
Property SizeContact for details
Lot Size0.13 Acres
Days on Market47
Property Features for 3533 W 12th Place
General Information
Standard status
Active
Total Parking Spaces
4
Lot size
0.13 Acres
Property subtype
Multifamily
Additional Details
Business Included
Yes
Clear Height
9 ft
Multifamily Units
3
Building Details
Year Built
1908
Tenancy
Multi
Listing Agency:
Chicagoland Brokers, Inc.
(773) 745-1000
Listed By:
Andres Yepez · License #475218467
Source:
Crexi
Added: Jul 11
Changed: Aug 21
Last Checked: Aug 24 at 4:22PM
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 Chicagoland Brokers, Inc.
Investment Insights
Based on property information with market context.
Renovated brick graystone featuring three residential units plus a finished basement with additional living space. The building offers a modern loft-style design with approximately 9-foot ceilings, hardwood floors, quartz countertops, updated cabinetry, stainless steel appliances, and central heating and air conditioning throughout. The first and second-floor units each provide 3 bedrooms and 1 spa-inspired bathroom, while the expansive third-floor unit features 4 bedrooms and 1 bathroom. Bathrooms include glass-enclosed showers. The finished basement adds 2 bedrooms, 1 bathroom, tall ceilings, and both front and rear entrances.
The property has been fully rehabbed with new windows, updated plumbing and electrical systems, a newer roof, and a tempered glass front entrance door. Separate gas and electric meters for each unit can simplify property management and utility billing. Additional amenities include a coin-operated laundry area in the basement. The property sits on an oversized lot and includes four dedicated parking spaces.
The building is currently tenant-occupied, with the third-floor unit positioned as an opportunity for an owner-occupant or additional leasing. Overall, the layout provides multiple bedroom configurations across the three units and basement living space while preserving original graystone character alongside modern improvements.
The property has been fully rehabbed with new windows, updated plumbing and electrical systems, a newer roof, and a tempered glass front entrance door. Separate gas and electric meters for each unit can simplify property management and utility billing. Additional amenities include a coin-operated laundry area in the basement. The property sits on an oversized lot and includes four dedicated parking spaces.
The building is currently tenant-occupied, with the third-floor unit positioned as an opportunity for an owner-occupant or additional leasing. Overall, the layout provides multiple bedroom configurations across the three units and basement living space while preserving original graystone character alongside modern improvements.
Key Highlights
- 1908 brick graystone with 3 residential units plus a finished basement with additional living space
- 3BR/1 spa‑style bath units on floors 1 and 2; third‑floor unit has 4 bedrooms and 1 bathroom
- Modern loft‑style finishes in every unit: ~9‑foot ceilings, hardwood floors, quartz countertops, stainless steel appliances, and central HVAC
Property Analytics
Property Profile
Current Use
Lease Details
9 ft
Clear height
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,028
Businesses Nearby
Explore this area
Business Placement
Demographics for 60623, IL
87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Turnkey renovated brick graystone with three residential units and a finished basement, each unit metered for gas and electric.
Where is this triplex located?
The property is located at 3533 W 12th Place Chicago, IL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 1908 brick graystone with 3 residential units plus a finished basement with additional living space; 3BR/1 spa‑style bath units on floors 1 and 2; third‑floor unit has 4 bedrooms and 1 bathroom; Modern loft‑style finishes in every unit: ~9‑foot ceilings, hardwood floors, quartz countertops, stainless steel appliances, and central HVAC
