Multifamily Redevelopment
For Sale
$675,000
446 N Pine Avenue, Chicago, IL 60644
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.29 Acres
Days on Market51
Property Features for 446 N Pine Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
11
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 7, Bedroom 6, Bedroom 8, Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 5, Bathroom 6, Bedroom 11, Bedroom 1, Bathroom 3, Bathroom 7, Bathroom 1, Bedroom 10, Bathroom 8, Bedroom 3, Bedroom 9, Bathroom 5
Directions
N. Central to W. Race to Pine Ave.
Subdivision
CHI - Austin
Standard status
Active
APN
16091210180000
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
7893
Building Details
Year built
1898
Floors in Building
3
Number of units
6
Listing Agency:
eXp Realty
(888) 574-9405
Listed By:
Cesar DeSouza · License #475180218
(312) 626-3411
Added: Jul 20
Changed: Sep 3
Last Checked: Sep 8 at 6:06AM
MLS# 12709810
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property includes an existing structure originally built in 1898 on approximately 0.2925 acres. The building has a new roof and has undergone an interior gut renovation, with framing already installed. The room inventory includes 11 bedrooms and 8 bathrooms, offering a substantial starting point for a residential redevelopment plan.
The property is identified under MULTI zoning and is described as allowing construction of up to 14 residential units. The sale includes two separate PINs. Its Chicago location provides access to public transportation, major expressways, shopping, dining, parks, schools, downtown Chicago, and surrounding neighborhoods. Buyers should independently verify zoning, permitted uses, and development options.
The property is identified under MULTI zoning and is described as allowing construction of up to 14 residential units. The sale includes two separate PINs. Its Chicago location provides access to public transportation, major expressways, shopping, dining, parks, schools, downtown Chicago, and surrounding neighborhoods. Buyers should independently verify zoning, permitted uses, and development options.
Key Highlights
- Two separate PINs included in the sale
- 0.2925‑acre multifamily redevelopment site
- MULTI zoning described as allowing up to 14 residential units
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,359
Businesses Nearby
Explore this area
Business Placement
Demographics for 60644, IL
47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Partially renovated multifamily asset on two PINs with MULTI zoning and capacity for up to 14 residential units.
Where is this apartment building located?
The property is located at 446 N Pine Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two separate PINs included in the sale; 0.2925‑acre multifamily redevelopment site; MULTI zoning described as allowing up to 14 residential units
