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7-Unit Apartment Building
New
For Sale
$1,925,000

4711 S Greenwood Avenue, Chicago, IL 60615

Original millwork, sunrooms and a central stairwell skylight remain among the building’s features.

Property SizeContact for details
Days on Market5

Property Features for 4711 S Greenwood Avenue

General Information

Standard status Active
Property subtype Commercial

Property Condition

Severity Repairs Needed
Evidence cosmetic work

Additional Details

Public Transit Yes
Multifamily Units 7

Taxes and HOA fees

Annual Taxes $11,217

Amenities

1 Fireplace

Building Details

Year Built 1919
Listing Agency: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
Listed By: DOUG FOX
Source: Corcoran
Added: Sep 22 Changed: Sep 25 Last Checked: Sep 24 at 2:42PM

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 @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE

Investment Insights

Based on property information with market context.

Built in 1919, this seven-unit apartment building has four vacant apartments and three occupied on month-to-month leases. Interior details include pocket doors, paneled walls, built-in cabinetry and bookcases, French doors, coffered ceilings, sunrooms, decorative fireplaces and Jack-and-Jill bathrooms. Building improvements include a newer roof, a skylight over the central stairwell and updated circuit breakers.

Public transportation is accessible, and the property is near the University of Chicago, the University of Chicago Medical Center, the Obama Library and the lakefront.

Key Highlights

  • Seven apartments; four are vacant and three have month‑to‑month leases
  • Built in 1919
  • Original features include pocket doors, paneled walls, built‑in cabinetry, French doors and coffered ceilings

Property Analytics

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Current Use

PJL Medicare Insurance Agency

Suggested Use

Top Pick Auto Repair Shop HVAC Service Kitchen & Bath Showroom Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,780
Businesses Nearby

Demographics for 60615, IL

43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Original millwork, sunrooms and a central stairwell skylight remain among the building’s features.
Where is this apartment building located?
The property is located at 4711 S Greenwood Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: Seven apartments; four are vacant and three have month‑to‑month leases; Built in 1919; Original features include pocket doors, paneled walls, built‑in cabinetry, French doors and coffered ceilings
More about this property
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