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Updated Six-Unit Apartment Building
New
For Sale
$1,299,000

3683 SALEM WALK, Northbrook, IL 60062

Multifamily property with renovated interiors, open kitchen layouts, and recent building-system improvements.

Property SizeContact for details
Days on Market2

Property Features for 3683 SALEM WALK

General Information

Standard status Active
Property subtype Commercial

Additional Details

Highway Access Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $18,706

Amenities

Central air
Composition Roof
Window Unit(s) Cooling

Building Details

Year Built 1976
Buildings 1
Listing Agency: BAIRD & WARNER
Listed By: GINA KIM · License #475145164
Source: Corcoran
Added: Sep 1 Last Checked: Sep 1 at 10:06PM

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 BAIRD & WARNER

Investment Insights

Based on property information with market context.

This six-unit apartment building, constructed in 1976, offers a consistent interior package across the residences. Units feature laminate flooring, recessed lighting, and open kitchen layouts with granite countertops. Interior finishes in every unit were refreshed within the past 3–7 years, while the property has also received significant system updates.

A newer roof was completed in 2020, followed by boiler replacement in 2021 and water heater replacement in 2024. The property is located in Northbrook near food, shopping, schools, recreation, Glenbrook Hospital, and highway access. Long-term tenants are in place, supporting an established rental operation.

Key Highlights

  • Six‑unit apartment building in Northbrook, IL
  • All units include laminate flooring and recessed lighting
  • Open kitchen layouts with granite countertops

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant Hair Salon Law Firm Spa & Massage Center Nail Salon Food Market

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

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby

Demographics for 60062, IL

42,751
Population
17,892
Households
2.4
Avg Household Size
48
Median Age
71%
College-Educated
96%
High-School Grad
18.9 sq mi
ZIP Area
2,262
Density / Sq Mi
$142,759
Median Household Income
$77,188
Median Earnings
$1,921
Median Rent
$625,800
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 - Multifamily property with renovated interiors, open kitchen layouts, and recent building-system improvements.
Where is this apartment building located?
The property is located at 3683 SALEM WALK Northbrook, IL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Six‑unit apartment building in Northbrook, IL; All units include laminate flooring and recessed lighting; Open kitchen layouts with granite countertops
More about this property
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