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25-Unit Walk-Up Apartment Property
For Sale
Contact for pricing
Pending

6503-09 N Newgard, Chicago, IL 60626

Apartment residences feature in-unit laundry, individual HVAC systems, and updated building infrastructure near Loyola University.

Property SizeContact for details
Days on Market143

Property Features for 6503-09 N Newgard

General Information

Standard status Pending
Total Parking Spaces 3
Property subtype Multifamily

Units

Unit Mix 18 x 2BR/1BA, 6 x 3BR/2BA, 1 x 3BR/3BA
Multifamily Units 25

Additional Details

Public Transit Yes

Amenities

stainless steel appliances
granite counter tops
hardwood floors
in-unit laundry
individual HVAC systems

Building Details

Buildings 1
Listing Agency: Kiser group
Listed By: Jacob Price · License #475.201874
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 31 at 2:12AM

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 25-unit apartment property at 6503-09 N. Newgard includes a mix of eighteen 2-bedroom/1-bath units, six 3-bedroom/2-bath units, and one 3-bedroom/3-bath residence. Apartments are equipped with stainless steel appliances, granite countertops, hardwood floors, in-unit laundry, and individual HVAC systems. The walk-up building also offers three gated parking spaces and seventeen storage lockers.

Building systems were updated before the current ownership acquired the property, including copper plumbing and 1600 Amp electric service. The property is 0.4 miles from Loyola University and 0.4 miles from the Loyola Red Line, placing the apartments near both the campus and rail transit.

Key Highlights

  • 25‑unit walk‑up apartment building
  • Unit mix includes eighteen 2 Bed / 1 Bath, six 3 Bed / 2 Bath, and one 3 Bed / 3 Bath
  • Updated copper plumbing and 1600 Amp electric service

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm HVAC Service Skin Care Clinic Catering Service 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

25
Residential units

Location Intelligence

Trade Area within ½ mile

2,794
Businesses Nearby

Demographics for 60626, IL

50,548
Population
26,812
Households
1.9
Avg Household Size
36
Median Age
53%
College-Educated
91%
High-School Grad
1.7 sq mi
ZIP Area
29,734
Density / Sq Mi
$57,452
Median Household Income
$39,527
Median Earnings
$1,265
Median Rent
$269,000
Median Home Value

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?
Apartment building - Apartment residences feature in-unit laundry, individual HVAC systems, and updated building infrastructure near Loyola University.
Where is this apartment building located?
The property is located at 6503-09 N Newgard Chicago, IL.
What are key features of this property?
This property features: 25‑unit walk‑up apartment building; Unit mix includes eighteen 2 Bed / 1 Bath, six 3 Bed / 2 Bath, and one 3 Bed / 3 Bath; Updated copper plumbing and 1600 Amp electric service
(773) 293-5032 Call to check price and availability
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