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6-Unit Apartment Building

7516 N Ridge Blvd, Chicago, IL 60645

For Sale
$900,000

All residences have two bedrooms and one bathroom, and three feature renovated kitchens and bathrooms.

Property SizeContact for details
Days on Market22

Property Features for 7516 N Ridge Blvd

General Information

Standard status Active

Site & Location

Neighborhood West Rogers Park

Units

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

Taxes and HOA fees

Annual Taxes $15,438

Building Details

Buildings 1
Listing Agency: Star Realty & Management
Listed By: Tyler Weekes · License IL #475174404
Source: Exprealty
Added: Oct 20 Changed: Nov 8 Last Checked: Nov 8 at 7:58AM

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 Star Realty & Management

Rey
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Investment Insights

Based on property information with market context.

This six-unit apartment property in Chicago’s West Ridge neighborhood contains an identical two-bedroom, one-bathroom layout in every residence. Three apartments have renovated kitchens and bathrooms, and those improvements have supported rent increases. The remaining units provide scope for further interior updates.

The building is one of seven in a multifamily complex. Owners share responsibility proportionately for the common walkways, parking, and water expenses, creating a shared arrangement for these property components.

Key Highlights

  • Six apartments, each with two bedrooms and one bathroom
  • Three of the six units have renovated kitchens and bathrooms
  • Part of a seven‑building multifamily complex

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,285
Businesses Nearby

Demographics for 60645, IL

48,356
Population
18,143
Households
2.7
Avg Household Size
36
Median Age
45%
College-Educated
86%
High-School Grad
2.2 sq mi
ZIP Area
21,980
Density / Sq Mi
$77,126
Median Household Income
$40,666
Median Earnings
$1,424
Median Rent
$308,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Apartment buildings in Chicago

Jul
Aug
Sep
Oct

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 - All residences have two bedrooms and one bathroom, and three feature renovated kitchens and bathrooms.
Where is this apartment building located?
The property is located at 7516 N Ridge Blvd Chicago, IL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Six apartments, each with two bedrooms and one bathroom; Three of the six units have renovated kitchens and bathrooms; Part of a seven‑building multifamily complex
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