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13-Unit Apartment Building
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7048 S WESTERN Avenue, Chicago, IL 60636

Residential property with an additional commercial component and adaptive reuse potential.

Property SizeContact for details
Days on Market142

Property Features for 7048 S WESTERN Avenue

General Information

Standard status Active
Property subtype Office, Multifamily, Retail

Additional Details

Multifamily Units 13

Building Details

Buildings 1
Listing Agency: Realty of Chicago LLC
Listed By: Israel Valadez · License #IL 1009465
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 12:59PM

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 Realty of Chicago LLC

Investment Insights

Based on property information with market context.

This turn-of-the-century apartment property includes 13 residential units, each described as having its own character, along with a separate commercial area. The combination creates a residential-led configuration with an integrated space for commercial use or repositioning.

Located at 7048 S Western Avenue in Chicago, the building occupies a prominent position along the property’s side frontage. Its scale, period construction, and mix of residential and commercial space provide a foundation for a restoration-focused project.

Key Highlights

  • 13 residential units within the building
  • Additional commercial space included
  • Turn‑of‑the‑century construction

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop

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

13
Residential units

Location Intelligence

Trade Area within ½ mile

761
Businesses Nearby

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 - Residential property with an additional commercial component and adaptive reuse potential.
Where is this apartment building located?
The property is located at 7048 S WESTERN Avenue Chicago, IL.
What are key features of this property?
This property features: 13 residential units within the building; Additional commercial space included; Turn‑of‑the‑century construction
(708) 518-5154 Call to check price and availability
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