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Renovated 80-Unit Apartment Building
For Sale
Contact for pricing
Pending

5525 N Winthrop Ave, Chicago, IL 60640

Urban multifamily property with transit access, parking, resident amenities, and refreshed interiors.

Property Size49,600 SF
Days on Market448

Property Features for 5525 N Winthrop Ave

General Information

Standard status Pending
Size 49,600 SF
Total Parking Spaces 54
Elevators Yes
Property subtype Multifamily
Zoning RM-6
Occupancy 97%

Additional Details

Public Transit Yes
Multifamily Units 80

Amenities

in-unit laundry hook ups
common laundry room
package room
on-site managers office
dog run
landscaped outdoor patio

Building Details

Year Built 1969
Year Renovated 2019
Buildings 1
Units 80
Listing Agency: Interra Realty, LLC
Listed By: Jeremy Morton · License #IL 475168671
Source: Crexi
Added: Jun 10, 2025 Changed: Aug 30 Last Checked: Aug 30 at 4:21PM

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 Interra Realty, LLC

Investment Insights

Based on property information with market context.

Located at 5525 N Winthrop Ave in Chicago’s Edgewater neighborhood, this 49,600-square-foot apartment property contains 80 units in a 1969-built, 4+1-style building. The property is zoned RM-6 and includes 54 parking spaces. Unit interiors feature varied flooring, kitchen, and bath finishes, while all apartments have updated paint and blinds. Every unit includes hookups for in-unit laundry, with a common laundry room also available on the main level.

Building improvements completed in 2019 included envelope work, a new domestic water tank, elevator-control modernization, a roof membrane update, and renovations to common areas. On-site amenities include a package room, manager’s office, dog run, and landscaped outdoor patio. The property is one block from the Bryn Mawr CTA and within a few blocks of Lake Michigan, Foster Beach, and Kathy Osterman Beach.

Key Highlights

  • 80‑unit apartment property totaling 49,600 SF
  • 54 parking spaces included
  • 2019 renovations included envelope work, roof membrane updates, elevator controls, and common areas

Property Analytics

Current Use

Artista55 Apartment Complex

Suggested Use

Top Pick Law Firm Barber Shop Catering Service Home Appliance Store (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop

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

80
Residential units

Location Intelligence

Trade Area within ½ mile

3,809
Businesses Nearby

Demographics for 60640, IL

65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
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 - Urban multifamily property with transit access, parking, resident amenities, and refreshed interiors.
Where is this apartment building located?
The property is located at 5525 N Winthrop Ave Chicago, IL.
What are key features of this property?
This property features: 80‑unit apartment property totaling 49,600 SF; 54 parking spaces included; 2019 renovations included envelope work, roof membrane updates, elevator controls, and common areas
More about this property
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