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Nine-Unit Multifamily Building
For Sale
$1,200,000

4200 W Hirsch Street, Chicago, IL 60651

Nine-unit residential income property with updated units, in-unit washer/dryer, garage parking, and monitored security.

Property SizeContact for details
Days on Market51

Property Features for 4200 W Hirsch Street

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Commercial

Additional Details

Business Included Yes
Multifamily Units 9

Taxes and HOA fees

Annual Taxes $6,510

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1917
Listing Agency: GALAN REALTY
Listed By: GERARDO GALAN · License #471007447
Source: Corcoran
Added: Jul 3 Changed: Aug 22 Last Checked: Aug 22 at 7:38AM

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 GALAN REALTY

Investment Insights

Based on property information with market context.

This nine-unit residential income property features a unit mix of two three-bedroom units, six two-bedroom units, and one studio. The building has seen many upgrades throughout the units, and four of the units include in-unit washer and dryer for added convenience. Parking is supported by three spaces located in the garage. For security, the property includes a Brinks security system with eight cameras around the building. An ample-sized deck is also included for outdoor enjoyment, and the property is described as being in very nice shape with pride of ownership.

The building is located at 4200 W Hirsch Street in Chicago, Illinois (60651). Prospective buyers can review the existing layout and unit features in person to confirm finish level, utility setup, and overall condition.

For tenants and operators, the configuration offers flexibility across multiple household types, with several two-bedroom units and dedicated three-bedroom options. In-unit laundry in four units may support tenant appeal, while the garage parking arrangement and monitored camera system can help with day-to-day property management and resident comfort. The property’s documented upgrades throughout the units provide a solid base for managing and maintaining an income-producing multifamily asset.

Key Highlights

  • 9‑unit residential income property built in 1917
  • Unit mix includes 2 units with 3 bedrooms, 6 units with 2 bedrooms, and 1 studio
  • Many upgrades throughout the units; 4 units feature in‑unit washer/dryer

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Carpet & Flooring Store (Bike/Boat/Book/etc) Store Acupuncture

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

9
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,264
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
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 - Nine-unit residential income property with updated units, in-unit washer/dryer, garage parking, and monitored security.
Where is this apartment building located?
The property is located at 4200 W Hirsch Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 9‑unit residential income property built in 1917; Unit mix includes 2 units with 3 bedrooms, 6 units with 2 bedrooms, and 1 studio; Many upgrades throughout the units; 4 units feature in‑unit washer/dryer
More about this property
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