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4-Unit Quadplex
New
For Sale
$430,000

6923 S Sangamon Street, Chicago, IL 60621

Three apartments are occupied, while the fourth is vacant and will receive a kitchen appliance package before closing.

Property SizeContact for details
Days on Market5

Property Features for 6923 S Sangamon Street

General Information

Standard status Active
Property subtype Residential Income

Site & Location

Neighborhood Englewood

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $3,155

Building Details

Year Built 1911
Buildings 1
Listing Agency: Better Homes & Gardens Real Estate
Listed By: Frank Montro · License #475128449
Source: Blackcastleprop
Added: Oct 22 Changed: Oct 25 Last Checked: Oct 22 at 2:21PM

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 Better Homes & Gardens Real Estate

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Investment Insights

Based on property information with market context.

Built in 1911, this four-unit residential property contains four apartments, each with 2 bedrooms and 1 bathroom. Three units are occupied: two by Section 8 tenants and one by a market-rate tenant. The fourth unit is vacant. Two boilers were installed within the last year, and ownership has maintained the roof and exterior. Occupied units include a stove and refrigerator; the vacant unit is to receive a stove, refrigerator, dishwasher, and microwave before closing.

The owner pays for heat, hot water, water, and trash. Tenants pay for cooking gas and electricity.

Key Highlights

  • Four apartments, each configured with 2 bedrooms and 1 bathroom
  • Three units occupied: two Section 8 tenants and one market‑rate tenant
  • Two boilers installed within the last year

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

667
Businesses Nearby

Demographics for 60621, IL

29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Three apartments are occupied, while the fourth is vacant and will receive a kitchen appliance package before closing.
Where is this quadplex located?
The property is located at 6923 S Sangamon Street Chicago, IL.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Four apartments, each configured with 2 bedrooms and 1 bathroom; Three units occupied: two Section 8 tenants and one market‑rate tenant; Two boilers installed within the last year
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