Building Details

Building Size 8,023 SF

Year Built 1925

Listing Agency: Circle One Realty

Listed By: Ryan Cherney · License #471019427 Show Phone

Source: Dawnmckennagroup

Added: Oct 7 Changed: Oct 10 Last Checked: Oct 10 at 2:20AM

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Investment Insights

Based on property information with market context.

This 12-unit apartment building contains 8,023 square feet and was built in 1925. The property is vacant and requires a full gut rehabilitation.

Key Highlights

• 12 apartment units
• 8,023 square feet
• Built in 1925

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Cafe & Coffee Shop

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

12

Residential units

Location Intelligence

Trade Area within ½ mile

887

Businesses Nearby

Explore this area Business Placement

Demographics for 60620, IL

66,514

Population

30,008

Households

2.2

Avg Household Size

41

Median Age

20%

College-Educated

88%

High-School Grad

7.0 sq mi

ZIP Area

9,502

Density / Sq Mi

$48,805

Median Household Income

$36,285

Median Earnings

$1,093

Median Rent

$187,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Vacant multifamily property requiring a complete interior rehabilitation.

Where is this apartment building located?

The property is located at 7954 S Marshfield Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $285,000.

What are key features of this property?

This property features: 12 apartment units; 8,023 square feet; Built in 1925