Search
Six-Unit Apartment Building
For Sale
$1,299,000

4745 S Saint Lawrence Ave, Chicago, IL 60615

Multifamily property currently configured as six individually recorded condominium units.

Property SizeContact for details
Days on Market28

Property Features for 4745 S Saint Lawrence Ave

General Information

Standard status Active

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $17,057
Listing Agency: North Clybourn Group, Inc.
Listed By: Karen Biazar · License #471003309
Source: Exprealty
Added: Jul 28 Changed: Aug 23 Last Checked: Aug 22 at 4:43PM

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 North Clybourn Group, Inc.

Investment Insights

Based on property information with market context.

This multifamily property is currently recorded as six separate condominium units, with ownership holding full controlling interest. The asset is being positioned for a change in legal classification through removal from the condominium act.

The filing is scheduled after completion of the pending reduction appeal. Upon filing, the property is expected to be reclassified as a 2-11 unit building. The property is located at 4745 South Saint Lawrence Avenue in Chicago, Illinois.

Key Highlights

  • Six individual condominium units currently recorded
  • Full controlling interest held by ownership
  • Filing planned to remove property from the condominium act

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply HVAC Service Kitchen & Bath Showroom Auto Repair Shop Auto Parts Store Carpet & Flooring 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.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,788
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property currently configured as six individually recorded condominium units.
Where is this apartment building located?
The property is located at 4745 S Saint Lawrence Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Six individual condominium units currently recorded; Full controlling interest held by ownership; Filing planned to remove property from the condominium act
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message