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7-Unit Apartment Building
New
For Sale
$1,299,900

5027-5029 W Washington Boulevard, Chicago, IL 60644

Seven three-bedroom residences feature individual utility service and in-unit laundry connections.

Property SizeContact for details
Days on Market5

Property Features for 5027-5029 W Washington Boulevard

General Information

Standard status Active
Total Parking Spaces 4
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 7 x 3BR
Multifamily Units 7

Taxes and HOA fees

Annual Taxes $3,914

Amenities

large back yard
laundry hook-ups in each unit
quartz counters
stainless steel appliances
solid maple cabinets
hardwood floors
high ceilings
large basement

Building Details

Year Built 1900
Buildings 1
Listing Agency: @properties Christies International Real Estate
Listed By: Jonie Montalbano · License #471016795
Source: Harkinsandassociates
Added: Oct 1 Changed: Oct 3 Last Checked: Oct 4 at 4:02PM

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 Christies International Real Estate

Investment Insights

Based on property information with market context.

This 7-unit apartment building, constructed in 1900, has three-bedroom residences that received a complete rehabilitation. Interior finishes include hardwood flooring, 9-foot ceilings, quartz kitchen counters, stainless steel appliances, and solid maple cabinetry. Each apartment has laundry hookups, a separate electrical panel, and an Aqua-Therm heating and cooling system with heat pump technology. The property also includes a brick garage with four individually accessed spaces and a large rear yard.

A substantial basement spans the building, with high ceilings, large window openings, and separate entry and exit points on both sides. The property is positioned between Downtown Chicago and Oak Park, with expressway access and transportation options nearby.

Key Highlights

  • Seven apartments, each with three bedrooms
  • Complete rehabilitation of all 7 units
  • Individual utilities and electrical panels for each apartment

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Dental Office Carpet & Flooring Store (Bike/Boat/Book/etc) 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

7
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,075
Businesses Nearby

Demographics for 60644, IL

47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
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?
Apartment building - Seven three-bedroom residences feature individual utility service and in-unit laundry connections.
Where is this apartment building located?
The property is located at 5027-5029 W Washington Boulevard Chicago, IL.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: Seven apartments, each with three bedrooms; Complete rehabilitation of all 7 units; Individual utilities and electrical panels for each apartment
More about this property
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