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9-Unit Brick Apartment Building
For Sale
$649,900

5501 W Quincy Street, Chicago, IL 60644

Apartments are configured as one- and two-bedroom units, each with one bathroom.

Property Size14,000 SF
Price / SF$46.42
Days on Market101

Property Features for 5501 W Quincy Street

General Information

Standard status Active
Size 14,000 SF
Property subtype Commercial
Zoning MULTI

Units

Unit Mix 6 x 2BR/1BA, 3 x 1BR/1BA
Multifamily Units 9

Taxes and HOA fees

Annual Taxes $9,992

Building Details

Building Size 14,000 SF
Year Built 1926
Stories 3
Units 9
Construction brick
Listing Agency: Parkvue Realty Corporation
Listed By: Anthony Disano · License #471010606
Source: Crossdavidson
Added: Jul 16 Changed: Oct 23 Last Checked: Oct 23 at 4:56PM

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 Parkvue Realty Corporation

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Investment Insights

Based on property information with market context.

This 9-unit brick apartment building at 5501 W Quincy Street in Chicago has six 2-bedroom/1-bath apartments and three 1-bedroom/1-bath apartments. Built in 1926, the property is zoned MULTI and is being sold as-is.

The building occupies a corner lot. The buyer is responsible for code compliance requirements, and no survey is available.

Key Highlights

  • 9 apartments: six 2‑bedroom/1‑bath units and three 1‑bedroom/1‑bath units
  • Brick construction; built in 1926
  • Located on a corner lot

Property Analytics

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Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

909
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Apartments are configured as one- and two-bedroom units, each with one bathroom.
Where is this apartment building located?
The property is located at 5501 W Quincy Street Chicago, IL.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 9 apartments: six 2‑bedroom/1‑bath units and three 1‑bedroom/1‑bath units; Brick construction; built in 1926; Located on a corner lot
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