All-Brick Six-Unit Apartment
For Sale
$450,000
Pending
5639 South Princeton Avenue, Chicago, IL 60621
All-brick six-unit building with all units configured as 3-bedroom, 1-bath apartments.
Property SizeContact for details
Days on Market860
Property Features for 5639 South Princeton Avenue
General Information
Standard status
Pending
Property subtype
Multi Family 5+ / Flats
Zoning
COMMR
Net Operating Income
$61,044
Additional Details
Cap Rate
12%
Highway Access
Yes
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$1,109
Building Details
Year Built
1907
Stories
3
Listing Agency:
Hunter's Realty, Inc.
Listed By:
Kaela Clay · License #475190154
(708) 628-2900
Source:
Compass
Added: May 3, 2024
Changed: Aug 7
Last Checked: Jul 24 at 12:07PM
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 Hunter's Realty, Inc.
Investment Insights
Based on property information with market context.
This all-brick six-unit apartment building offers a consistent unit layout, with every apartment configured as a 3-bedroom, 1-bath. The property is described as well kept and is being sold as-is. Public remarks indicate individual heating and updated kitchen and baths throughout.
The building is located in the Englewood community of Chicago and is described as minutes from the Dan Ryan.
The property is presented as a residential income asset with an indicated 12% cap rate and below-market rent per the seller’s remarks.
The building is located in the Englewood community of Chicago and is described as minutes from the Dan Ryan.
The property is presented as a residential income asset with an indicated 12% cap rate and below-market rent per the seller’s remarks.
Key Highlights
- All‑brick 6‑unit building built in 1907
- All units are 3‑bedroom, 1‑bath apartments
- Individual heating in each unit
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
Explore this area
Business Placement
Demographics for 60621, IL
29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - All-brick six-unit building with all units configured as 3-bedroom, 1-bath apartments.
Where is this apartment building located?
The property is located at 5639 South Princeton Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: All‑brick 6‑unit building built in 1907; All units are 3‑bedroom, 1‑bath apartments; Individual heating in each unit
