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Six-Unit Apartment Building with Garage
For Sale
$494,000

735 E 88TH Street, Chicago, IL 60619

Six one-bedroom apartments with shared heat and hot water, plus a three-car garage and select interior updates.

Property Size4,236 SF
Price / SF$116.62
Days on Market88

Property Features for 735 E 88TH Street

General Information

Standard status Active
Size 4,236 SF
Total Parking Spaces 3
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Burnside

Units

Unit Mix 6 x 1BR/1BA
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $4,902

Building Details

Building Size 4,236 SF
Year Built 1897
Listing Agency: Bauvista Illinois LLC
Listed By: Gene Hart · License ##475.149185
Source: Purveyproperties
Added: Aug 6 Changed: Oct 31 Last Checked: Oct 31 at 12:32AM

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 Bauvista Illinois LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 1897, this six-unit apartment property contains six four-room residences, each configured with one bedroom and one bathroom. The building totals 4,236 square feet and includes hardwood flooring throughout, newer windows, and several apartments with renovated kitchens and bathrooms. A central boiler, approximately 8 years old, provides heat, while common hot water serves the building. The property also includes a three-car garage, updated electrical service, and an improved rear porch.

The asset is located at 735 E 88th St in Chicago’s Chatham neighborhood, within a low-density residential setting in the south Chatham area. Its apartment count, garage component, and existing building systems provide a defined multifamily configuration for continued ownership or repositioning.

Key Highlights

  • Six‑unit apartment property with six 1‑Bed/1‑Bath residences
  • 4,236 square feet on a 4,236‑square‑foot property
  • Three‑car garage included

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

785
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Six one-bedroom apartments with shared heat and hot water, plus a three-car garage and select interior updates.
Where is this apartment building located?
The property is located at 735 E 88TH Street Chicago, IL.
What is the asking price?
The asking price for this property is $494,000.
What are key features of this property?
This property features: Six‑unit apartment property with six 1‑Bed/1‑Bath residences; 4,236 square feet on a 4,236‑square‑foot property; Three‑car garage included
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