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Mixed-Use Building with Apartments
For Sale
$675,000

4815 Butterfield Road, Hillside, IL 60162

Brick commercial property with flexible first-floor space and four separately metered residential units above.

Property Size7,460 SF
Days on Market112

Property Features for 4815 Butterfield Road

General Information

Standard status Active
Size 7,460 SF
Total Parking Spaces 20
Property subtype Commercial
Zoning COMMR

Units

Unit Mix 2 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units 4

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $30,888

Amenities

high ceilings with exposed joists
vinyl flooring
exposed brick
laundry room
break room
locker room
storage rooms
full basement

Building Details

Building Size 7,460 SF
Year Built 1927
Buildings 1
Stories 2
Units 6
Construction brick
Tenancy Multi
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Charles Kirkwood · License #475142955
Source: Ozmentrealestate
Added: Apr 21 Changed: Aug 9 Last Checked: Aug 9 at 11:55AM

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 Coldwell Banker Real Estate Group

Investment Insights

Based on property information with market context.

Built in 1927, this all-brick mixed-use property combines a first-floor salon space with four apartments on the upper level. The commercial floor can be configured as two separate units, with individual gas and electric meters, and includes high ceilings, exposed joists, exposed brick, vinyl flooring, a laundry room, break room, locker room, and multiple storage rooms. The existing salon may remain in place or the space may be used by an owner.

The residential component includes two one-bedroom, one-bath apartments at the front and two two-bedroom, one-bath apartments at the rear. Each apartment has separate gas and electric metering, its own furnace, and its own water heater. A full basement provides additional storage, while the parking lot accommodates approximately 20 cars. The property is located at 4815 Butterfield Road in Hillside, Illinois, and is zoned COMMR.

Key Highlights

  • Four upstairs apartments: two one‑bedroom units and two two‑bedroom units, all with one bath
  • First‑floor commercial area can be divided into two separately metered units
  • Each apartment has individual gas and electric meters, a furnace, and a water heater

Property Analytics

Current Use

Salon 56 Hair Salon All Naturale Beauty ... Hair Salon Hair Wiz Hair Salon Salon 56 Formetry ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Dental Office Gym & Fitness Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop 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

4
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

594
Businesses Nearby

Demographics for 60162, IL

8,337
Population
3,097
Households
2.7
Avg Household Size
41
Median Age
27%
College-Educated
81%
High-School Grad
3.2 sq mi
ZIP Area
2,605
Density / Sq Mi
$70,772
Median Household Income
$42,614
Median Earnings
$1,265
Median Rent
$233,800
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?
Mixed-use property - Brick commercial property with flexible first-floor space and four separately metered residential units above.
Where is this mixed-use property located?
The property is located at 4815 Butterfield Road Hillside, 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: Four upstairs apartments: two one‑bedroom units and two two‑bedroom units, all with one bath; First‑floor commercial area can be divided into two separately metered units; Each apartment has individual gas and electric meters, a furnace, and a water heater
More about this property
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