Listing Agency: KW Commercial Chicago - Lincoln Park

Listed By: Tony Hardy · License #IL 475.139834 Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 23 Last Checked: Sep 1 at 9:17AM

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Investment Insights

Based on property information with market context.

This multifamily apartment building contains 18 total units and is available for sale. The property is classified as a residential income asset, suitable for buyers seeking an apartment building with multiple separate units.

The building is located at 5825 S Michigan in Chicago, Illinois.

Key Highlights

• Multifamily apartment building with 18 total units
• Offered for sale in Chicago, Illinois

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Building Supply Auto Parts Store Auto Repair 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

18

Residential units

Location Intelligence

Trade Area within ½ mile

1,636

Businesses Nearby

Explore this area Business Placement

Demographics for 60637, IL

53,555

Population

26,717

Households

2

Avg Household Size

31

Median Age

37%

College-Educated

89%

High-School Grad

4.5 sq mi

ZIP Area

11,901

Density / Sq Mi

$42,080

Median Household Income

$33,227

Median Earnings

$1,170

Median Rent

$243,700

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Apartment building with 18 total units, offered for sale in Chicago, Illinois.

Where is this apartment building located?

The property is located at 5825 S Michigan Chicago, IL.

What are key features of this property?

This property features: Multifamily apartment building with 18 total units; Offered for sale in Chicago, Illinois