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Three-Unit Multifamily Property
New
For Sale
$525,000

528 E 46th Place, Chicago, IL 60653

Three residential units offer a mix of private living areas, kitchens, and rental income potential.

Property SizeContact for details
Days on Market5

Property Features for 528 E 46th Place

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1899
Listing Agency: Wirtz Real Estate Group Inc
Listed By: Jamie Decker · License #475182031
Source: Dealwithdecker
Added: Aug 26 Changed: Aug 30 Last Checked: Aug 30 at 2:01AM

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 Wirtz Real Estate Group Inc

Investment Insights

Based on property information with market context.

Built in 1899, this triplex contains three residential units with a combined total of 8 bedrooms and 3 full baths. The first- and second-floor residences each include three bedrooms, one bathroom, living and dining rooms, plus an eat-in kitchen. The lower-level walk-up unit provides two bedrooms, one bathroom, and its own living space. The first-floor unit has been recently updated.

A two-car garage is included. The property is offered strictly in its present condition, with the buyer responsible for verifying room dimensions, unit count and use, zoning, code compliance, permits, violations, and other property details.

The property is located minutes from the Obama Presidential Center, Hyde Park, the University of Chicago, shopping, dining, entertainment, and lakefront attractions.

Key Highlights

  • Three‑unit property with 8 bedrooms and 3 full baths
  • First- and second‑floor units each include 3 bedrooms, 1 bath, living and dining rooms, and eat‑in kitchens
  • Walk‑up basement apartment offers 2 bedrooms and 1 bath

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Building Supply Auto Parts Store Auto Repair Shop Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

1,618
Businesses Nearby

Demographics for 60653, IL

33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
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?
Triplex - Three residential units offer a mix of private living areas, kitchens, and rental income potential.
Where is this triplex located?
The property is located at 528 E 46th Place Chicago, IL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Three‑unit property with 8 bedrooms and 3 full baths; First- and second‑floor units each include 3 bedrooms, 1 bath, living and dining rooms, and eat‑in kitchens; Walk‑up basement apartment offers 2 bedrooms and 1 bath
More about this property
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