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Five-Unit Multifamily Building
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4016 N Bell Ave, Chicago, IL 60618

Five apartments feature in-unit laundry and stainless steel appliances, just a short walk to CTA service.

Property SizeContact for details
Days on Market121

Property Features for 4016 N Bell Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 5

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Kyle Stengle · License #IL 475.138461
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 10:06AM

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 Marcus & Millichap - Chicago Downtown

Investment Insights

Based on property information with market context.

This five-unit multifamily property includes a mix of apartment layouts: two two-bedroom, one-bath units; three three-bedroom, one-bath units; one three-bedroom, two-bath unit; and one five-bedroom, three-bath unit. Interior finishes include hardwood floors, granite countertops, stainless steel appliances, recessed lighting, and in-unit laundry.

The building is located in Chicago’s North Center neighborhood. It is a two-minute walk to a Chicago Transit Authority (CTA) 80 bus stop and an 11-minute walk to the CTA Irving Park Brown Line train stop. The property sits right off Irving Park Road, which connects to Lake Shore Drive for access toward Downtown Chicago.

Units are configured across multiple bedroom and bathroom counts, with consistent finish package elements throughout the apartments, including in-unit laundry.

Key Highlights

  • Five‑unit multifamily building with unit mix: two 2BD/1BA, one 3BD/1BA, one 3BD/2BA, and one 5BD/3BA
  • Units feature in‑unit laundry, stainless steel appliances, granite countertops, recessed lighting, and hardwood floors
  • About a 2‑minute walk to CTA Route 80 bus stop

Property Analytics

Current Use

Neumann Association Association / Organization

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Home Appliance Store Electrical Service Fish 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

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,383
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
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 - Five apartments feature in-unit laundry and stainless steel appliances, just a short walk to CTA service.
Where is this apartment building located?
The property is located at 4016 N Bell Ave Chicago, IL.
What are key features of this property?
This property features: Five‑unit multifamily building with unit mix: two 2BD/1BA, one 3BD/1BA, one 3BD/2BA, and one 5BD/3BA; Units feature in‑unit laundry, stainless steel appliances, granite countertops, recessed lighting, and hardwood floors; About a 2‑minute walk to CTA Route 80 bus stop
(312) 636-6383 Call to check price and availability
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