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Brick Mixed-Use Building with Apartments
New
For Sale
$649,900

4815 Butterfield Rd, Hillside, IL 60162

Income-producing property combining flexible commercial space with four separately metered apartments and substantial storage.

Property Size7,460 SF
Price / SF$87.12
Days on Market3

Property Features for 4815 Butterfield Rd

General Information

Standard status Active
Size 7,460 SF

Building Details

Year Built 1927
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Charles Kirkwood · License #475142955
Source: Liveliferealty
Added: Sep 22 Changed: Sep 23 Last Checked: Sep 24 at 1:07PM

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 at 4815 Butterfield Rd in Hillside, Illinois, combines commercial space on the first floor with four apartments above. The ground-floor area is currently configured for a salon and may remain occupied or be adapted for an owner-user. It can also be separated into two units, with independent gas and electric metering. Interior features include high ceilings with exposed joists, vinyl flooring, exposed brick, a laundry room, break room, locker room, and multiple storage rooms.

The upper level contains two one-bedroom, one-bath apartments and two two-bedroom, one-bath apartments. Each residence has separate gas and electric meters, its own furnace, and an individual water heater. A full basement provides additional storage, while the parking lot accommodates approximately 20 cars. The property has a 9.5% cap rate at the list price.

Key Highlights

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

Property Analytics

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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 Bakery Gym & Fitness Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

546
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
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?
Mixed-use property - Income-producing property combining flexible commercial space with four separately metered apartments and substantial storage.
Where is this mixed-use property located?
The property is located at 4815 Butterfield Rd Hillside, IL.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Four apartments: two one‑bedroom, one‑bath units and two two‑bedroom, one‑bath units; First‑floor commercial area can be divided into two separately metered units; Each apartment has its own furnace, water heater, and gas and electric meters
More about this property
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