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Multifamily Property with Updated Kitchens
New
For Sale
Under Contract
$735,000

5722 N Richmond Street, Chicago, IL 60659

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market6

Property Features for 5722 N Richmond Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 3, Basement
Parking 2
Parking features Garage, Open
Patio and Porch features Porch
Basement Finished, Full, Exterior Entry
Elementary school district 299
Middle school district 299
High school district 299
Directions Lincoln Ave to Richmond, south to property
Subdivision CHI - West Ridge
Standard status Active Under Contract
APN 13013180290000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9639

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Building Details

Year built 1925
Building materials Brick
Listing Agency: RE/MAX Plaza · RE/MAX International
Listed By: Anna Villarejo Ruiz · License #475198702
Added: Sep 30 Last Checked: Oct 5 at 3:06PM
MLS# 12773784

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick multifamily property was built in 1925 and includes six bedrooms, three bathrooms, and a basement. Kitchens were updated in 2026, following window replacements in 2024, installation of central air in 2019, and a roof replacement in 2018. The garage door opener was also replaced in 2026. Heating is provided by natural gas and forced air, and the property has a porch, garage and open parking, and public sewer service.

At 5722 N Richmond Street in Chicago, the property is described as near shopping, restaurants, schools, parks, public transportation, and major roadways. Zoning is designated MULTI.

Key Highlights

  • Six bedrooms and three bathrooms, with a basement
  • Brick construction; built in 1925
  • Kitchens updated in 2026; windows updated in 2024

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Carpet & Flooring Store Skin Care Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service Restaurant Veterinary Clinic

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

2,141
Businesses Nearby

Demographics for 60659, IL

40,579
Population
14,748
Households
2.8
Avg Household Size
36
Median Age
40%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
16,908
Density / Sq Mi
$70,033
Median Household Income
$40,493
Median Earnings
$1,391
Median Rent
$358,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - Central air, a basement, and garage parking support the property’s residential configuration.
Where is this multifamily property located?
The property is located at 5722 N Richmond Street Chicago, IL.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Six bedrooms and three bathrooms, with a basement; Brick construction; built in 1925; Kitchens updated in 2026; windows updated in 2024
More about this property
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