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Full Brick 5-Unit Apartment Building
New
For Sale
$415,000

5220 W Washington Boulevard, Chicago, IL 60644

Five fully brick units with private parking for up to seven vehicles and coin-operated laundry on site.

Days on Market7

Property Features for 5220 W Washington Boulevard

General Information

Standard status Active
Total Parking Spaces 7
Property subtype MULTI_FAMILY

Site & Location

Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 5

Amenities

on-site coin-operated laundry

Building Details

Year Built 1960
Buildings 1
Construction full brick
Listing Agency: john greene, Realtor
Listed By: Mine Beevis
Source: Harkinsandassociates
Added: Jul 27 Changed: Jul 31 Last Checked: Aug 1 at 10:41AM

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 john greene, Realtor

Investment Insights

Based on property information with market context.

This full-brick, 5-unit apartment building was built in 1960 and is set up for straightforward, tenant-friendly operations. The property includes a private parking lot with space for up to 7 vehicles and an on-site coin-operated laundry. Each unit has a separate hot water tank, supporting more efficient day-to-day service and tenant convenience. Utility responsibility is split: the owner pays heat for four of the five units, along with common area electric, water, insurance, and real estate taxes, while the garden unit tenant pays all of their own utilities.

Located at 5220 W Washington Boulevard in Chicago, the building sits on a quiet residential street. It is just over one mile from Downtown Oak Park and about eight miles from Downtown Chicago, placing it within reach of shopping, dining, parks, public transportation, and downtown employment.

The building’s brick construction, off-street parking, and in-building laundry and hot water setup are key day-to-day features for prospective multifamily tenants.

Key Highlights

  • Full‑brick 5‑unit apartment building built in 1960
  • Private parking lot with space for up to 7 vehicles
  • On‑site coin‑operated laundry

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Dental Office (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

5
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,132
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 - Five fully brick units with private parking for up to seven vehicles and coin-operated laundry on site.
Where is this apartment building located?
The property is located at 5220 W Washington Boulevard Chicago, IL.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Full‑brick 5‑unit apartment building built in 1960; Private parking lot with space for up to 7 vehicles; On‑site coin‑operated laundry
More about this property
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