Masonry Triplex with EV
New
For Sale
$476,500
6728 S Langley Avenue, Chicago, IL 60637
Three apartments provide nine bedrooms and three full bathrooms in a flexible residential configuration.
Property Size2,700 SF
Price / SF$176.48
Days on Market3
Property Features for 6728 S Langley Avenue
General Information
Standard status
Active
Size
2,700 SF
Total Parking Spaces
2
Property subtype
Two to Four Units
Site & Location
Neighborhood
Park Manor
Public Transit
Yes
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,046
Amenities
EV charger
Partially Finished,Exterior Entry,Full,Walk-Out Access
3
9
Lake Michigan,Public
2
4464
No
Yes
Building Details
Year Built
1922
Buildings
1
Construction
masonry
Listing Agency:
(224) 269-8556
Listed By:
Thomas Quigley
Source:
Michanarealestatesolutions
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 1:52AM
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 Thomas Quigley
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1922 masonry triplex contains three apartments with a combined nine bedrooms and three full bathrooms. Select units retain decorative fireplaces, and the property includes a new universal EV charger and an exterior two-car parking slab.
The building is at 6728 S Langley Avenue in Chicago. Parks, playgrounds, schools, and public transit options are identified in the surrounding community.
The building is at 6728 S Langley Avenue in Chicago. Parks, playgrounds, schools, and public transit options are identified in the surrounding community.
Key Highlights
- Three‑unit masonry building
- Nine bedrooms and three full bathrooms
- Built in 1922
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,389
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,780
$827.8K
Cap Rate 7%
$591,271
$591.3K
Cap Rate 9%
$459,878
$459.9K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$79.4K $29.40/SF
− Vacancy
−$4.1K −$1.53/SF
EGI
$75.3K $27.87/SF
− OpEx
−$33.9K −$12.54/SF
NOI
$41.4K $15.33/SF
Area
Chicago, IL
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,780
Cap Rate 7%
$591,271
Cap Rate 9%
$459,878
Alternative Uses
Best Use
Multifamily LT 5
$643.0K
$562.6K – $750.1K
NOI $45,008 @ 7.0% cap · market cap 9.45%
Second Best
Apartment 5plus
$591.3K
$517.4K – $689.8K
NOI $41,389 @ 7.0% cap · market cap 8.69%
Theoretical Best
Office A
$1.27M
$1.11M – $1.49M
NOI $89,113 @ 7.0% cap · market cap 18.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
973
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Triplex - Three apartments provide nine bedrooms and three full bathrooms in a flexible residential configuration.
Where is this triplex located?
The property is located at 6728 S Langley Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $476,500.
What are key features of this property?
This property features: Three‑unit masonry building; Nine bedrooms and three full bathrooms; Built in 1922
