Listing Agency: KW Commercial Chicago - Lincoln Park t***@kwcommercial.com Show Phone

Listed By: Tony Hardy · License #IL 475.139834

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 2:33AM

Report an Issue

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 KW Commercial Chicago - Lincoln Park

Investment Insights

Based on property information with market context.

This six-unit residential income property is offered for sale as a multifamily apartment building. The building configuration is comprised of six units.

The property is located at 623-625 E Groveland Park in Chicago, IL 60616, within the Groveland Park area.

Additional building details were not provided in the available information.

Key Highlights

• Apartment building offered for sale with 6 residential units in Groveland Park

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Building Supply (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

6

Residential units

Location Intelligence

Trade Area within ½ mile

873

Businesses Nearby

Explore this area Business Placement

Demographics for 60616, IL

54,013

Population

26,912

Households

2

Avg Household Size

38

Median Age

53%

College-Educated

86%

High-School Grad

3.8 sq mi

ZIP Area

14,214

Density / Sq Mi

$77,841

Median Household Income

$53,415

Median Earnings

$1,329

Median Rent

$387,300

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Full Commissary Kitchen Facility

3515 W Grand Avenue, Chicago, IL 60651

$1,600,000

4,800 SF

View details

Automotive Building With Mezzanine

6243 N Clark Street, Chicago, IL 60660

$1,100,000

8,000 SF

View details

Renovated Flex Space with Showroom

3146 W Chicago Avenue, Chicago, IL 60622

$1,200,000

6,400 SF

View details

Historic Live-Work Space with Atrium

2733 N Pulaski Road, Chicago, IL 60639

$2,750,000

7,000 SF

View details

Corner Development Site in Chicago

7455 W Irving Park Road, Chicago, IL 60634

$949,000

4,055 SF

View details

Retail/Office Building with Value-Add

3934 W 26th Street, Chicago, IL 60623

$1,300,000

12,000 SF

View details

One-Story Corner Flex Commercial Space

210 S Desplaines Street #NE, Chicago, IL 60661

$2,699,000

8,000 SF

View details

Corner Retail and Residential Building

614 North Ashland Avenue, Chicago, IL 60622

$1,200,000

4,700 SF

View details

Flex Building With Loading Dock

7650 S Ashland Avenue, Chicago, IL 60620

$872,000

6,895 SF

View details

One-Story Corner Commercial Space

210 S Desplaines Street #SE, Chicago, IL 60661

$1,399,000

4,000 SF

View details

Net-Leased Walgreens Corner Building

6301 South Kedzie Avenue, Chicago, IL 60629

$3,900,000

14,029 SF

View details

Mixed-Use Flex Building

2722 South Hillock Avenue, Chicago, IL 60608

$850,000

7,000 SF

View details

Frequently Asked Questions

What type of property is this?

Apartment building - Apartment building offered for sale with six residential units in Groveland Park.

Where is this apartment building located?

The property is located at 623-625 E Groveland Park Chicago, IL.

What are key features of this property?

This property features: Apartment building offered for sale with 6 residential units in Groveland Park