Listing Agency: 33 Realty LLC d***@33realty.com Show Phone

Listed By: Dhereck Gomez · License #IL

Source: Crexi

Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 8:13PM

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Investment Insights

Based on property information with market context.

This brick apartment building is located in Chicago’s Englewood neighborhood and includes residential units leased under month-to-month arrangements. The property is situated within an opportunity zone and is offered in its current as-is condition, providing a straightforward basis for evaluating the existing apartment operation and lease structure.

Key Highlights

• Located in an opportunity zone
• Brick apartment building in Chicago’s Englewood neighborhood
• Residential units leased month to month

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Accounting Firm Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

694

Businesses Nearby

Explore this area Business Placement

Demographics for 60636, IL

34,800

Population

14,363

Households

2.4

Avg Household Size

35

Median Age

11%

College-Educated

78%

High-School Grad

3.9 sq mi

ZIP Area

8,923

Density / Sq Mi

$35,077

Median Household Income

$30,411

Median Earnings

$1,135

Median Rent

$150,600

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 - Brick multifamily property in Chicago’s Englewood neighborhood with units leased on a month-to-month basis.

Where is this apartment building located?

The property is located at 7000 S Racine Ave Chicago, IL.

What are key features of this property?

This property features: Located in an opportunity zone; Brick apartment building in Chicago’s Englewood neighborhood; Residential units leased month to month