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4-Unit Brick Apartment Building
New
For Sale
$625,000

3700 S Honore Street, Chicago, IL 60609

Individual heating systems serve each residence, and tenants cover their own heat costs.

Property Size6,000 SF
Price / SF$104.17
Days on Market6

Property Features for 3700 S Honore Street

General Information

Standard status Active
Size 6,000 SF
Total Parking Spaces 3
Property subtype Residential Income
Zoning MULTI

Site & Location

Neighborhood McKinley Park
Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x studio, 1 x 3BR, 1 x 1BR+den, 1 x 2BR
Multifamily Units 4
Individually Metered Utilities heat

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $7,614

Amenities

laundry

Building Details

Year Built 1917
Buildings 1
Construction brick
Listing Agency: Baird & Warner
Listed By: Michael McCallum · License #471020532
Source: Ifindpropertiesllc
Added: Oct 20 Changed: Oct 24 Last Checked: Oct 24 at 2:58PM

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

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Investment Insights

Based on property information with market context.

Built in 1917, this brick apartment property contains four residences with distinct layouts. The first-floor front apartment is a studio with 12-foot ceilings; the first-floor rear unit has three bedrooms, a separate dining room and a decorative fireplace. Upstairs, the front apartment includes one bedroom and a den, while the rear unit has two bedrooms and a private deck. The building also has a three-car garage and unfinished attic and basement space. Including those areas, the property offers approximately 6,000 sqft. The basement contains two washers and two dryers, and each apartment has its own heating system, with tenants responsible for heat costs.

The property occupies a corner lot on S Honore Street, near McKinley Park. Orange Line access and retail destinations including Jewel and Target are nearby. Zoning is MULTI.

Key Highlights

  • Four apartments in a brick building constructed in 1917
  • Approximately 6,000 sqft including the basement and attic
  • Three‑car garage

Property Analytics

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Lease Details

4
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

790
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Individual heating systems serve each residence, and tenants cover their own heat costs.
Where is this quadplex located?
The property is located at 3700 S Honore Street Chicago, IL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Four apartments in a brick building constructed in 1917; Approximately 6,000 sqft including the basement and attic; Three‑car garage
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