Senior Housing Apartment
525 N Austin Blvd Chicago, IL 60644
525 N Austin Blvd, Chicago, IL, 60644
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For Sale
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Six-story, 57-unit subsidized senior building with studio-heavy mix, elevator, and on-site laundry near I-290 and the CTA Green Line.
Property Size26,035 SF
Days on Market76
Property Features for 525 N Austin Blvd
General Information
- Standard status
- Active
- Size
- 26,035 SF
- Property subtype
- Multifamily
Listing agency
Frontline Real Estate Partners
(847) 780-8062
Listed by
Matthew Tarshis · License #IL 481011744
Source
Crexi
Added: May 8 Updated: Jul 22 at 7:54AM Checked: Jul 22 at 7:54AM
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 Frontline Real Estate Partners
Investment Insights
Based on property information with market context.
Crestwood Apartments is a six-story subsidized senior living apartment building constructed in 1930. The property contains 57 units, with a studio-heavy mix that includes 40 studio units, 16 one-bedroom units, and one two-bedroom unit. Reported occupancy is 89%, and the building includes 19 parking spaces, an elevator, and on-site laundry.
With all but one unit subsidized through the CHA, Crestwood offers a largely subsidy-supported residency base. The property is located just over one mile north of Interstate 290 (I-290) and only a couple blocks north of the Austin CTA “L” Station (Green Line), providing convenient connectivity across Chicago.
Crestwood is also situated near a broad mix of national and local retail, including several grocery, pharmacy, fitness, and dining options, which can support everyday resident convenience within the surrounding area.
With all but one unit subsidized through the CHA, Crestwood offers a largely subsidy-supported residency base. The property is located just over one mile north of Interstate 290 (I-290) and only a couple blocks north of the Austin CTA “L” Station (Green Line), providing convenient connectivity across Chicago.
Crestwood is also situated near a broad mix of national and local retail, including several grocery, pharmacy, fitness, and dining options, which can support everyday resident convenience within the surrounding area.
Key Highlights
- 6‑story, 57‑unit subsidized senior apartment building constructed in 1930 on 0.34 acres
- Unit mix includes 40 studios, 16 1‑bedroom units, and 1 2‑bedroom unit
- 89% occupied with 19 parking spaces, elevator, and on‑site laundry
Property Analytics
Location Intelligence
Current Use by Public Records
Crestwood Apartments
Apartment Building
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FAQs
What type of property is this?
Apartment building - Six-story, 57-unit subsidized senior building with studio-heavy mix, elevator, and on-site laundry near I-290 and the CTA Green Line.
Where is this apartment building located?
The property is located at 525 N Austin Blvd Chicago, IL.
What are key features of this property?
This property features: 6‑story, 57‑unit subsidized senior apartment building constructed in 1930 on 0.34 acres; Unit mix includes 40 studios, 16 1‑bedroom units, and 1 2‑bedroom unit; 89% occupied with 19 parking spaces, elevator, and on‑site laundry
