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Quadplex with Detached Garage
New
For Sale
$470,000

6620 S Evans Ave, Chicago, IL 60637

The four-unit property is occupied and will transfer with occupants in place.

Property SizeContact for details
Days on Market2

Property Features for 6620 S Evans Ave

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Additional Details

Multifamily Units 4
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Northwest Suburban Real Estate
Source: Nwsrealestate
Added: Oct 11 Last Checked: Oct 11 at 5:03AM

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 Real Estate Group

Investment Insights

Based on property information with market context.

This four-unit residential income property includes a detached garage with capacity for two cars. The building is currently occupied and is being sold in as-is condition.

Occupants will remain at transfer, and the buyer must assume them.

Key Highlights

  • Four residential units
  • Detached garage accommodates 2 cars
  • Occupied property transfers with occupants; buyer assumes them

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Law Firm Kitchen & Bath Showroom Computer & Electronic Repair (Bike/Boat/Book/etc) Store Bakery

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

972
Businesses Nearby

Demographics for 60637, IL

53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - The four-unit property is occupied and will transfer with occupants in place.
Where is this quadplex located?
The property is located at 6620 S Evans Ave Chicago, IL.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Four residential units; Detached garage accommodates 2 cars; Occupied property transfers with occupants; buyer assumes them
More about this property
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