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10-Unit Apartment Building
For Sale
$680,000

740 E 82nd Street, Chicago, IL 60619

Commercial Sale, Chicago, IL

Property SizeContact for details
Days on Market823

Property Features for 740 E 82nd Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 20
Bathrooms 10
Full bathrooms 10
Rooms Bathroom 2, Bedroom 3, Bedroom 12, Bedroom 15, Bedroom 17, Bedroom 7, Bedroom 14, Bedroom 11, Bathroom 5, Bathroom 8, Bedroom 9, Bedroom 13, Bathroom 10, Bedroom 6, Bedroom 10, Bathroom 7, Bedroom 8, Bedroom 4, Bedroom 5, Bathroom 4, Bedroom 16, Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 6, Bathroom 9, Bedroom 18, Bedroom 20, Bedroom 2, Bedroom 19
Directions One half block weest of Cottage Grove on 82nd Street. 82nd leading to address
Subdivision CHI - Chatham
Standard status Active
APN 20342230170000

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 4796

Amenities

individual heating

Building Details

Year built 1925
Floors in Building 3
Number of units 10
Listing Agency: Hunter's Realty, Inc.
Listed By: Kaela Clay · License #475190154
Added: May 24, 2024 Changed: Aug 20 Last Checked: Aug 24 at 4:06PM
MLS# 12064673

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.

This 10-unit apartment building was constructed in 1925 and includes 20 bedrooms and 10 bathrooms. Each unit has individual heating, and the property is being sold in its present as-is condition. The current cap rate is 10.21%.

The property is situated in Chicago’s Chatham community, with local retail stores and transportation nearby. Its unit count, individual heating, and existing bedroom and bathroom configuration provide a clear operating profile for an owner occupant or investor.

Key Highlights

  • 10‑unit apartment building with 20 bedrooms and 10 bathrooms
  • Current cap rate of 10.21%
  • Individual heating in each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Gym & Fitness Center Skin Care Clinic Kitchen & Bath Showroom Cafe & Coffee Shop HVAC Service

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

10
Residential units

Location Intelligence

Trade Area within ½ mile

1,287
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 1925, the property offers individually heated units near neighborhood retail and transportation.
Where is this apartment building located?
The property is located at 740 E 82nd Street Chicago, IL.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: 10‑unit apartment building with 20 bedrooms and 10 bathrooms; Current cap rate of 10.21%; Individual heating in each unit
More about this property
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