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Chatham Multi-Unit Investment Opportunity
For Sale
$320,000

8125 South Evans Avenue, Chicago, IL 60619

Multi-family property in Chatham community, ideal for rental or owner-occupancy.

Property SizeContact for details
Days on Market97

Property Features for 8125 South Evans Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Two to Four Units / 2 Flat
Zoning MULTI

Taxes and HOA fees

Annual Taxes $3,415

Building Details

Year Built 1919
Listing Agency: North Clybourn Group, Inc.
Listed By: Xiomara Maldonado · License #475166753
Source: Compass
Added: May 20 Changed: Aug 23 Last Checked: Aug 22 at 10:16AM

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 North Clybourn Group, Inc.

Investment Insights

Based on property information with market context.

This multi-family property is located in a well-maintained neighborhood within the Chatham community. It is suitable for either an owner-occupant or a landlord seeking rental income. Unit 1 is currently occupied by a long-standing CHA tenant, while Unit 2 is vacant. The property offers potential for rental income or owner-occupancy.

Key Highlights

  • Income‑generating multi‑family property with rental income potential.
  • Vacant Unit 2 allows for immediate owner‑occupancy or tenant placement.
  • Located in the Chatham community on Chicago's South Side.

Property Analytics

Current Use

Multifamily properties

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.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multi-family property in Chatham community, ideal for rental or owner-occupancy.
Where is this multifamily property located?
The property is located at 8125 South Evans Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Income‑generating multi‑family property with rental income potential.; Vacant Unit 2 allows for immediate owner‑occupancy or tenant placement.; Located in the Chatham community on Chicago's South Side.
More about this property
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