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9-Unit Apartment Building
New
For Sale
$1,150,000

6361 W Addison Street, Chicago, IL 60634

The property combines a varied one- and two-bedroom unit mix with rear parking and building-operated laundry.

Property SizeContact for details
Days on Market4

Property Features for 6361 W Addison Street

General Information

Standard status Active
Total Parking Spaces 6
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 4 x 1BD/1BA, 2 x 2BD/1BA, 3 x garden 1BD/1BA
Multifamily Units 9

Taxes and HOA fees

Annual Taxes $12,048

Amenities

common laundry

Building Details

Year Built 1963
Buildings 1
Construction masonry
Listing Agency: Triton Realty Group LLC
Listed By: Lukasz Wojcik · License #475139979
Source: Cnetproperties
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 1:47PM

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 Triton Realty Group LLC

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Investment Insights

Based on property information with market context.

This 2.5-story masonry apartment property contains nine units: four one-bedroom/one-bath apartments, two two-bedroom/one-bath apartments, and three garden-level one-bedroom/one-bath apartments. Interiors have hardwood flooring and tiled bathrooms. Building systems include central boiler heat, window air conditioning, separately metered tenant-paid electricity, and owner-provided common laundry. Six surface parking spaces are located at the rear. Units are either vacant or on month-to-month arrangements.

The building occupies the corner of Addison and Narragansett, with CTA bus service on routes 152 and 86 nearby. Merrimac Park, Wright College, the Harlem Avenue retail corridor, and the Kennedy Expressway are also in the surrounding area. Capital improvements include a replacement flat roof and new drains in 2020, followed by a permitted electrical upgrade with GFCI protection and lighting, plus new railings, in 2022.

Key Highlights

  • Nine apartments: four 1BD/1BA, two 2BD/1BA, and three garden 1BD/1BA units
  • Six rear surface parking spaces
  • Month‑to‑month or vacant unit status

Property Analytics

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Current Use

US TAX AND FINANCIAL ... Tax Preparation

Suggested Use

Top Pick Law Firm Cafe & Coffee Shop Restaurant Food Market Auto Parts Store (Bike/Boat/Book/etc) 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

9
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,325
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The property combines a varied one- and two-bedroom unit mix with rear parking and building-operated laundry.
Where is this apartment building located?
The property is located at 6361 W Addison Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Nine apartments: four 1BD/1BA, two 2BD/1BA, and three garden 1BD/1BA units; Six rear surface parking spaces; Month‑to‑month or vacant unit status
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