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All-Brick 4-Unit Quadplex
For Sale
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378 West 16th Street, Chicago Heights, IL 60411

Four apartments feature updated laminate flooring, white kitchen appliances, and dedicated parking improvements.

Property SizeContact for details
Days on Market144

Property Features for 378 West 16th Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multifamily

Units

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

Additional Details

Gross Income $32,100

Building Details

Buildings 1
Construction brick masonry
Listing Agency: Compass
Listed By: Jacob Steinle · License #IL 475159025
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:14AM

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 Compass

Investment Insights

Based on property information with market context.

This four-unit apartment property is constructed with all-brick masonry and includes a mix of one studio, two one-bedroom apartments, and one two-bedroom apartment. Each residence has one bathroom. Interior updates include laminate hardwood flooring and white kitchen appliances. The property also includes a backyard and a large lot, providing outdoor space beyond the building.

Parking consists of a one-car attached garage and a rear parking pad. Located at 378 West 16th Street in Chicago Heights, Illinois, the property is being offered as-is. The existing unit configuration provides a range of apartment sizes within a single multifamily building.

Key Highlights

  • All‑brick masonry four‑unit building
  • Unit mix includes one studio, two 1‑bedroom, and one 2‑bedroom apartment
  • Each apartment includes 1 bathroom

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Skin Care Clinic Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

371
Businesses Nearby

Demographics for 60411, IL

53,515
Population
21,382
Households
2.5
Avg Household Size
36
Median Age
22%
College-Educated
87%
High-School Grad
30.7 sq mi
ZIP Area
1,743
Density / Sq Mi
$56,627
Median Household Income
$35,995
Median Earnings
$1,156
Median Rent
$148,200
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?
Quadplex - Four apartments feature updated laminate flooring, white kitchen appliances, and dedicated parking improvements.
Where is this quadplex located?
The property is located at 378 West 16th Street Chicago Heights, IL.
What are key features of this property?
This property features: All‑brick masonry four‑unit building; Unit mix includes one studio, two 1‑bedroom, and one 2‑bedroom apartment; Each apartment includes 1 bathroom
More about this property
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