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Six-Unit Walk-Up Apartment Building
For Sale
Contact for pricing
Pending

7300 S Rhodes Ave, Chicago, IL 60619

Pristine six-unit walk-up with one- and two-bedroom layouts, hardwood floors, and renovated kitchens and baths.

Property SizeContact for details
Days on Market149

Property Features for 7300 S Rhodes Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 6

Building Details

Tenancy Multi
Listing Agency: Kiser Group
Listed By: Aaron Sklar · License #IL 475161507
Source: Crexi
Added: Apr 11 Changed: Sep 3 Last Checked: Sep 5 at 4:37PM

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 Kiser Group

Investment Insights

Based on property information with market context.

This six-unit walk-up apartment property offers one- and two-bedroom apartments with multiple unique layouts. There are four 1-bedroom units and two 2-bedroom units. Interiors feature hardwood flooring throughout, along with living and dining rooms, and the units have been tastefully renovated with updated kitchens and baths.

The building has been owned and operated by a single operator for nearly 25 years. Capital and structural improvements include a cast iron Peerless central boiler system, an updated hot water heater, newer updated windows, an updated and code compliant exterior porch system, and masonry and tuckpointing throughout.

For prospective owners, the current configuration provides a stabilized income approach centered on the existing unit mix and recent updates.

Key Highlights

  • Six‑unit walk‑up at 7300 S. Rhodes in Chicago’s Grand Crossing neighborhood
  • Unit mix: four 1BR/1BA units and two 2BR/1BA units
  • Units feature hardwood flooring throughout and separate living and dining rooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Dental Office Skin Care Clinic Gym & Fitness Center Acupuncture

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

953
Businesses Nearby

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

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 - Pristine six-unit walk-up with one- and two-bedroom layouts, hardwood floors, and renovated kitchens and baths.
Where is this apartment building located?
The property is located at 7300 S Rhodes Ave Chicago, IL.
What are key features of this property?
This property features: Six‑unit walk‑up at 7300 S. Rhodes in Chicago’s Grand Crossing neighborhood; Unit mix: four 1BR/1BA units and two 2BR/1BA units; Units feature hardwood flooring throughout and separate living and dining rooms
(773) 293-5032 Call to check price and availability
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