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Three-Unit Multifamily Property
New
For Sale
$749,990

6042 W ADDISON Street, Chicago, IL 60634

Three separate living spaces offer a mix of bedroom layouts, individual heating and cooling, and a shared fenced yard.

Property SizeContact for details
Lot Size0.22 Acres
Days on Market3

Property Features for 6042 W ADDISON Street

General Information

Standard status Active
Total Parking Spaces 5
Lot size 0.22 Acres
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Public Transit Yes

Units

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

Taxes and HOA fees

Annual Taxes $5,203

Amenities

central air conditioning
hardwood floors
enclosed porch
fenced yard

Building Details

Year Built 1895
Buildings 1
Construction Victorian
Listing Agency: Coldwell Banker Realty
Listed By: Manuela Papazisi
Source: Dawnmckennagroup
Added: Oct 1 Changed: Oct 3 Last Checked: Oct 3 at 2:40AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This three-unit multifamily property includes apartments with three, two, and one bedroom, each with one bathroom. The garden-level unit is finished. Individual furnaces and central air conditioning serve each unit, and all have kitchens and hardwood floors. The property was built in 1895 and is offered in as-is condition.

The parcel measures 75 by 125 feet and includes a fenced yard, an enclosed porch, a two-car garage, and a parking pad with space for three additional cars. CTA bus service is nearby, and the property is close to an expressway.

Key Highlights

  • Three units: 3‑bedroom/1‑bath, 2‑bedroom/1‑bath, and finished garden‑level 1‑bedroom/1‑bath
  • Individual furnaces and central air conditioning for each unit
  • 75‑by‑125‑foot triple lot

Property Analytics

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Current Use

S&S Costruction Works ... Construction Company

Suggested Use

Top Pick Law Firm Catering Service Food Market Cafe & Coffee Shop Accounting Firm Auto Parts Store

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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,449
Businesses Nearby

Demographics for 60634, IL

75,694
Population
29,344
Households
2.6
Avg Household Size
41
Median Age
27%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
10,661
Density / Sq Mi
$84,997
Median Household Income
$46,694
Median Earnings
$1,271
Median Rent
$333,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Three separate living spaces offer a mix of bedroom layouts, individual heating and cooling, and a shared fenced yard.
Where is this triplex located?
The property is located at 6042 W ADDISON Street Chicago, IL.
What is the asking price?
The asking price for this property is $749,990.
What are key features of this property?
This property features: Three units: 3‑bedroom/1‑bath, 2‑bedroom/1‑bath, and finished garden‑level 1‑bedroom/1‑bath; Individual furnaces and central air conditioning for each unit; 75‑by‑125‑foot triple lot
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