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Apartment Building Investment Property
For Sale
$114,000
Pending

3838 W 111th Street #110, Chicago, IL 60655

For sale apartment building positioned for residential income investment or ownership.

Property SizeContact for details
Days on Market64

Property Features for 3838 W 111th Street #110

General Information

Standard status Pending
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $3,204

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1971
Listing Agency: RE/MAX 1ST SERVICE
Listed By: MELANIE ROMAN · License #475185365
Source: Corcoran
Added: Jun 8 Changed: Aug 8 Last Checked: Aug 8 at 7:50AM

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 RE/MAX 1ST SERVICE

Investment Insights

Based on property information with market context.

This offering is a multifamily apartment building presented as a residential income property for sale. The information provided identifies the asset as an apartment building within the multifamily property category, with the specific unit or interior configuration not detailed in the available materials.

The property is located at 3838 W 111th Street #110 in Chicago, Illinois 60655. As provided, the listing does not include additional details such as building amenities, total unit count, parking, or other site-specific improvements.

For investors or owner-operators evaluating residential income opportunities, this apartment building may fit portfolios seeking multifamily exposure in Chicago. Prospective buyers should review the full offering materials to confirm the building’s current condition, allowable use, and any operating particulars that would affect underwriting and decision-making.

Key Highlights

  • Apartment building built in 1971

Property Analytics

Current Use

Delaney Law Offices Law Firm Silver Lake Dental Dental Office Our House Wealth ... Financial Advisor Dr. Mary E. ... Dental Office Dr. Robert Mikelson, ... Dental Office

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Spa & Massage Center Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby

Demographics for 60655, IL

27,837
Population
11,277
Households
2.5
Avg Household Size
39
Median Age
47%
College-Educated
97%
High-School Grad
4.4 sq mi
ZIP Area
6,327
Density / Sq Mi
$114,443
Median Household Income
$72,169
Median Earnings
$1,468
Median Rent
$303,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - For sale apartment building positioned for residential income investment or ownership.
Where is this apartment building located?
The property is located at 3838 W 111th Street #110 Chicago, IL.
What is the asking price?
The asking price for this property is $114,000.
What are key features of this property?
This property features: Apartment building built in 1971
More about this property
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