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Apartment Building with In-Unit Laundry
New
For Sale
$650,000

736 N Spaulding Avenue, Chicago, IL 60624

Commercial Sale, Chicago, IL

Property SizeContact for details
Days on Market5

Property Features for 736 N Spaulding Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 1, Bedroom 9, Bathroom 7, Bedroom 5, Bathroom 6, Bedroom 10, Bathroom 4, Bedroom 6, Bedroom 8, Bathroom 2, Bedroom 3, Bathroom 5, Bathroom 3, Bedroom 7, Bedroom 1, Bedroom 2, Bedroom 11, Bedroom 4, Bedroom 12
Directions Franklin Blvd (500N) to Spaulding Ave (3300W), north to property 726 N Spaulding Ave
Subdivision CHI - Humboldt Park
Standard status Active
APN 16112050270000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 9874

Amenities

in-unit laundry
fenced rear yard

Building Details

Year built 1905
Floors in Building 3
Number of units 6
Building materials Brick, Stone
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Patrick Dodd · License #475182708
Added: Aug 18 Changed: Aug 19 Last Checked: Aug 22 at 2:06PM
MLS# 12736126

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 736 N Spaulding Avenue, this three-story brick and stone apartment building contains six spacious two-bedroom, one-bath apartments. The property was built in 1905 and underwent a full gut rehabilitation in 2014. Each apartment includes in-unit laundry, individual mechanical systems, and separate utility service. Two apartments have received additional updates, including new kitchens, bathrooms, appliances, and related improvements.

Major building work includes a tear-off roof approximately 7 years old, a comprehensive masonry overhaul completed approximately 9 years ago, and new water service. Gas and electric are separately metered for all units. The fenced rear yard provides outdoor space and may accommodate future off-street parking, subject to applicable approvals. The property also offers access to the CTA Green Line, Metra, and Chicago bus service, with Garfield Park, Humboldt Park, and Chicago’s historic boulevard system nearby.

Key Highlights

  • Six 2‑bed/1‑bath apartments in a three‑story building
  • Full gut rehabilitation completed in 2014
  • Two apartments updated with new kitchens, baths, appliances, and other improvements

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 brick and stone multifamily property with individually metered utilities 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 three‑story building; Full gut rehabilitation completed in 2014; Two apartments updated with new kitchens, baths, appliances, and other improvements
More about this property
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