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3-Story Brick Apartment Building
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714 W 30th Street, Chicago, IL 60616

Six-unit brick building with multiple 2-bedroom and 1-bedroom units, sold as-is with open city violations.

Days on Market67

Property Features for 714 W 30th Street

General Information

Standard status Active
Property subtype Multifamily
Occupancy 50%

Additional Details

Multifamily Units 6

Building Details

Year Built 1893
Stories 3
Tenancy Multi
Listing Agency: CENTURY 21 Circle
Listed By: Donna Navickas · License #IL 475.152404
Source: Crexi
Added: May 29 Changed: Jul 10 Last Checked: Aug 2 at 3:23PM

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 CENTURY 21 Circle

Investment Insights

Based on property information with market context.

This 3-story, 6-unit brick apartment building includes four 2-bedroom, 1-bath units and two garden units with 1-bedroom, 1-bath layouts. Three units are currently rented, while the property is in need of extensive rehabilitation and not all units are currently habitable. The building is being sold as-is, and open city violations are in place.

The property is located in Chicago’s Bridgeport neighborhood, near restaurants, shops, and businesses along Halsted Street, supporting convenient everyday access for residents.

For investors and buyers looking for a hands-on acquisition, this building offers a defined unit mix with a blend of two- and one-bedroom apartments. With some units already rented, there is the opportunity to maintain existing income while completing rehabilitation and addressing open city violations, which the buyer must assume at closing.

Key Highlights

  • 6‑unit brick building built in 1893, consisting of four 2 bed, 1 bath apartments and two garden units with 1 bed, 1 bath
  • Three units currently rented, providing immediate income at the time of listing
  • Property requires extensive rehabilitation; not all units are currently habitable

Property Analytics

Current Use

Manigirdas Motekaitis Music ... High School

Suggested Use

Top Pick Carpet & Flooring Store Locksmith Pet Grooming Service (Bike/Boat/Book/etc) Store Nursing Home Veterinary Clinic

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

6
Residential units
50%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,217
Businesses Nearby

Demographics for 60616, IL

54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
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 - Six-unit brick building with multiple 2-bedroom and 1-bedroom units, sold as-is with open city violations.
Where is this apartment building located?
The property is located at 714 W 30th Street Chicago, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 6‑unit brick building built in 1893, consisting of four 2 bed, 1 bath apartments and two garden units with 1 bed, 1 bath; Three units currently rented, providing immediate income at the time of listing; Property requires extensive rehabilitation; not all units are currently habitable
More about this property
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