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All-Brick 20-Unit Apartment Building
For Sale
$2,690,000
Pending

6721 175th Street, Tinley Park, IL 60477

Two solid all-brick 10-unit buildings on one lot offered fully occupied with off-street parking.

Property SizeContact for details
Days on Market201

Property Features for 6721 175th Street

General Information

Standard status Pending
Property subtype General Commercial
Occupancy 100%

Additional Details

Multifamily Units 20

Taxes and HOA fees

Annual Taxes $44,209

Amenities

3

Building Details

Year Built 1960
Tenancy Multi
Listing Agency: Dolan Realty Group
Listed By: Patrick Dolan
Source: Xome
Added: Feb 19 Changed: Sep 1 Last Checked: Sep 8 at 4:15AM

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 Dolan Realty Group

Investment Insights

Based on property information with market context.

This for-sale multifamily property consists of two all-brick buildings, each with 10 units, located on one lot. The offering is described as turn-key and fully occupied. Unit interiors are reported to be in very nice condition, including refinished hardwood floors and updated kitchens and bathrooms. Additional improvements mentioned include newer appliances and air conditioning.

Exterior and mechanical updates cited in the remarks include a roof complete tear-off using 30-year architectural shingle, newer windows and doors, and boiler replacements with Techemar control. Plumbing and landings have also been updated, and the property includes plenty of off-street parking.

Overall, the building configuration is a 20-unit total operation across two all-brick structures under one ownership on a single lot.

Key Highlights

  • Two solid all‑brick 10‑unit buildings on one lot, offered fully occupied
  • Off‑street parking available
  • Updates include roof complete tear‑off (30‑year architectural shingles), windows, and doors

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Restaurant Furniture & Home Goods 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

20
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

725
Businesses Nearby

Demographics for 60477, IL

37,335
Population
16,261
Households
2.3
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
14.2 sq mi
ZIP Area
2,629
Density / Sq Mi
$93,862
Median Household Income
$57,381
Median Earnings
$1,485
Median Rent
$262,400
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 - Two solid all-brick 10-unit buildings on one lot offered fully occupied with off-street parking.
Where is this apartment building located?
The property is located at 6721 175th Street Tinley Park, IL.
What is the asking price?
The asking price for this property is $2,690,000.
What are key features of this property?
This property features: Two solid all‑brick 10‑unit buildings on one lot, offered fully occupied; Off‑street parking available; Updates include roof complete tear‑off (30‑year architectural shingles), windows, and doors
More about this property
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