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10-Unit Apartment Building
For Sale
$680,000

740 East 82nd Street, Chicago, IL 60619

Spacious apartments feature individual heating in a well-maintained property near retail and transportation.

Property SizeContact for details
Days on Market889

Property Features for 740 East 82nd Street

General Information

Standard status Active
Property subtype Multi Family 5+ / Multi Family 5+-Garden Complex
Net Operating Income $90,936

Taxes and HOA fees

Annual Taxes $4,796

Building Details

Year Built 1925
Stories 3
Listing Agency: Hunter's Realty, Inc.
Listed By: Kaela Clay · License #475190154
Source: Compass
Added: May 17, 2024 Changed: Oct 21 Last Checked: Oct 20 at 11:55PM

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 Hunter's Realty, Inc.

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Investment Insights

Based on property information with market context.

Built in 1925, this 10-unit apartment property in Chicago’s Chatham community includes spacious units with individual heating. The building is described as well maintained and is being offered in its current condition.

Located at 740 East 82nd Street, the property is near local retail stores and transportation. A current cap rate of 10.21% is reported, and the configuration is positioned for either an owner-occupant or an investor.

Key Highlights

  • 10‑unit apartment property built in 1925
  • Current cap rate of 10.21%
  • Individual heating in each unit

Property Analytics

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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
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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 - Spacious apartments feature individual heating in a well-maintained property near retail and transportation.
Where is this apartment building located?
The property is located at 740 East 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 property built in 1925; Current cap rate of 10.21%; Individual heating in each unit
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