Multifamily Apartment Building
For Sale
Contact for pricing
716 E 81st St, Chicago, IL 60619
Multifamily building with six one-bedroom and six two-bedroom units near transit stops and a retail corridor.
Property SizeContact for details
Days on Market121
Property Features for 716 E 81st St
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Marcus & Millichap - Chicago Downtown
Listed By:
James Ziegler · License #IL 475.151507
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 6:14AM
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 Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
The property at 716 E 81st St is a multifamily apartment building featuring six one-bedroom, one-bath units and six two-bedroom, one-bath units. The one-bedroom units are approximately 700 square feet, and the two-bedroom units are approximately 900 square feet, creating a straightforward, repeatable unit mix for prospective owners.
The building is located in Chicago’s Chatham neighborhood. It is about 1.2 miles east of the CTA 79th Street Red Line station and approximately 0.7 miles northwest of the 83rd Street Metra Electric station. Additional nearby transit is available at the CTA Cottage Grove and 81st Street bus stop, about 500 feet from the property, and the site is within close proximity to a major retail and shopping corridor along 79th Street.
This configuration results in a total of 12 apartment units, with a blend of one- and two-bedroom layouts designed to serve different household needs within the same building.
The building is located in Chicago’s Chatham neighborhood. It is about 1.2 miles east of the CTA 79th Street Red Line station and approximately 0.7 miles northwest of the 83rd Street Metra Electric station. Additional nearby transit is available at the CTA Cottage Grove and 81st Street bus stop, about 500 feet from the property, and the site is within close proximity to a major retail and shopping corridor along 79th Street.
This configuration results in a total of 12 apartment units, with a blend of one- and two-bedroom layouts designed to serve different household needs within the same building.
Key Highlights
- 12 total units: six 1‑bed/1‑bath units and six 2‑bed/1‑bath units
- 1‑bedroom units measure 700 SF; 2‑bedroom units measure 900 SF
- Location near transit: 1.2 miles to CTA 79th St Red Line and 0.7 miles to 83rd St Metra Electric
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,265
Businesses Nearby
Explore this area
Business Placement
Demographics for 60619, IL
63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily building with six one-bedroom and six two-bedroom units near transit stops and a retail corridor.
Where is this apartment building located?
The property is located at 716 E 81st St Chicago, IL.
What are key features of this property?
This property features: 12 total units: six 1‑bed/1‑bath units and six 2‑bed/1‑bath units; 1‑bedroom units measure 700 SF; 2‑bedroom units measure 900 SF; Location near transit: 1.2 miles to CTA 79th St Red Line and 0.7 miles to 83rd St Metra Electric
