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Apartment Conversion Building
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Pending

4925-4933 W Patterson Ave, Chicago, IL 60641

Former single-room occupancy building with garage, fenced playground parcel, and on-site parking.

Property Size14,000 SF
Days on Market462

Property Features for 4925-4933 W Patterson Ave

General Information

Standard status Pending
Size 14,000 SF
Property subtype Land, Multifamily, Special Purpose
Zoning RS-3

Building Details

Stories 3
Listing Agency: Baum Realty Group
Listed By: Ari Topper · License #IL 475.132043
Source: Crexi
Added: May 27, 2025 Changed: Aug 30 Last Checked: Aug 30 at 9:55AM

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 Baum Realty Group

Investment Insights

Based on property information with market context.

This approximately 14,000-square-foot former SRO building occupies a 126’ x 125’ lot and offers potential for conversion to multi-unit residential use. The property includes a single-story garage, a fenced playground parcel, and a parking area. RS-3 zoning supports the existing residential context.

The property is located at 4925-4933 W Patterson Ave in Chicago’s mature residential setting. Access is available to I-90/94, the CTA Blue Line, and Cicero Avenue, providing connections to major transportation routes and nearby neighborhoods.

Key Highlights

  • Approximately 14,000 SF building area
  • 126’ x 125’ lot
  • Former SRO building with potential for multi‑unit residential conversion

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Acupuncture Hotel & Motel Skin Care Clinic Real Estate Agency Travel Agency

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

1,734
Businesses Nearby

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Former single-room occupancy building with garage, fenced playground parcel, and on-site parking.
Where is this apartment building located?
The property is located at 4925-4933 W Patterson Ave Chicago, IL.
What are key features of this property?
This property features: Approximately 14,000 SF building area; 126’ x 125’ lot; Former SRO building with potential for multi‑unit residential conversion
(312) 751-0300 Call to check price and availability
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