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Six-Unit Greystone Apartment Building
New
For Sale
$650,000

736 N Spaulding Avenue, Chicago, IL 60624

Three-story masonry property with in-unit laundry, separate utility metering, and a fenced rear yard.

Property Size4,956 SF
Price / SF$131.15
Days on Market5

Property Features for 736 N Spaulding Avenue

General Information

Standard status Active
Size 4,956 SF
Property subtype MULTI_FAMILY

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $9,873

Amenities

in-unit laundry

Building Details

Building Size 4,956 SF
Year Built 1905
Year Renovated 2014
Buildings 1
Stories 3
Construction masonry
Listing Agency: Keller Williams ONEChicago
Listed By: Patrick Dodd · License #475182708
Source: Harkinsandassociates
Added: Aug 18 Changed: Aug 21 Last Checked: Aug 21 at 7:22AM

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 Keller Williams ONEChicago

Investment Insights

Based on property information with market context.

Built in 1905, this 4,956-square-foot Greystone apartment building contains six two-bedroom, one-bath apartments across three masonry stories. The property underwent a full gut rehabilitation in 2014, with two apartments receiving subsequent kitchen, bathroom, appliance, and other interior upgrades. Each unit includes in-unit laundry, individual mechanical systems, and separately metered gas and electric service.

Building improvements include a tear-off roof approximately 7 years old, a masonry overhaul completed approximately 9 years ago, and new water service. The fenced rear yard provides potential for adding off-street parking. The property is located near CTA Green Line, Metra, and Chicago bus service, with Garfield Park, Humboldt Park, and the historic boulevard system nearby.

Key Highlights

  • Six 2‑bed/1‑bath apartments in a 4,956‑square‑foot building
  • Full gut rehabilitation completed in 2014
  • Three‑story masonry construction dating to 1905

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Accounting Firm HVAC Service Pharmacy

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,458
Businesses Nearby

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
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 - Three-story masonry property with in-unit laundry, separate utility metering, and a fenced rear yard.
Where is this apartment building located?
The property is located at 736 N Spaulding Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Six 2‑bed/1‑bath apartments in a 4,956‑square‑foot building; Full gut rehabilitation completed in 2014; Three‑story masonry construction dating to 1905
More about this property
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