10-Unit Apartment
For Sale
Contact for pricing
Pending
6400 S Richmond St, Chicago, IL 60629
Fully occupied apartment property with spacious units, hardwood floors, updated systems, and a mix of one- and two-bedroom layouts.
Property SizeContact for details
Days on Market146
Property Features for 6400 S Richmond St
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
100%
Units
Unit Mix
8 x 2b/1ba, 2 x 1b/1ba
Multifamily Units
10
Additional Details
Public Transit
Yes
Listing Agency:
Kiser Group
Listed By:
Aaron Sklar · License #IL 475161507
(773) 293-5032
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Sep 2 at 7:37AM
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 Kiser Group
Investment Insights
Based on property information with market context.
This fully occupied apartment building contains 10 units, including eight 2-bedroom/1-bath apartments and two 1-bedroom/1-bath apartments. Residences are described as spacious, with hardwood flooring, substantial natural light, and varying levels of interior updates. Building improvements include a brand new roof, a modernized boiler system with newer controls, updated plumbing, code-compliant exterior porches, and masonry and tuckpointing work.
The property is located at 6400 S Richmond St in Chicago’s Marquette Park area, a short distance from Marquette Park Golf Course and the 315-acre Marquette Park. The surrounding park offers a lagoon, fishing, sports facilities, gyms, gardens, and a woodshop. Public transportation and transit options are within walking distance along Marquette and Western Ave.
Current operations reflect just above an 8% cap rate. The existing unit mix and completed building-system improvements provide a clear overview of the property’s physical configuration and operating profile.
The property is located at 6400 S Richmond St in Chicago’s Marquette Park area, a short distance from Marquette Park Golf Course and the 315-acre Marquette Park. The surrounding park offers a lagoon, fishing, sports facilities, gyms, gardens, and a woodshop. Public transportation and transit options are within walking distance along Marquette and Western Ave.
Current operations reflect just above an 8% cap rate. The existing unit mix and completed building-system improvements provide a clear overview of the property’s physical configuration and operating profile.
Key Highlights
- 10‑unit apartment building with eight 2b/1ba units and two 1b/1ba units
- Fully occupied property operating just above an 8% cap rate
- Brand new roof and updated boiler system with newer controls
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,122
Businesses Nearby
Explore this area
Business Placement
Demographics for 60629, IL
114,453
Population
36,283
Households
3.2
Avg Household Size
33
Median Age
14%
College-Educated
74%
High-School Grad
7.0 sq mi
ZIP Area
16,350
Density / Sq Mi
$58,813
Median Household Income
$34,635
Median Earnings
$1,106
Median Rent
$236,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied apartment property with spacious units, hardwood floors, updated systems, and a mix of one- and two-bedroom layouts.
Where is this apartment building located?
The property is located at 6400 S Richmond St Chicago, IL.
What are key features of this property?
This property features: 10‑unit apartment building with eight 2b/1ba units and two 1b/1ba units; Fully occupied property operating just above an 8% cap rate; Brand new roof and updated boiler system with newer controls
