Building Details

Year Built 1928

Buildings 1

Stories 3

Units 18

Listing Agency: Purvey Properties k***@purveyproperties.com Show Phone

Listed By: Kuwana Norman · License #IL 471004066

Source: Crexi

Added: Mar 5 Changed: Aug 8 Last Checked: Aug 8 at 6:41AM

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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 Purvey Properties

Investment Insights

Based on property information with market context.

This multifamily property, located in Chicago, Illinois, offers 15,825 square feet of space. The property requires renovations. It is suitable for use as an apartment building or residential income property.

Key Highlights

• Built in 1928

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Skin Care Clinic Gym & Fitness Center 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

978

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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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily property in Chicago, renovations needed.

Where is this apartment building located?

The property is located at 8156 S Laflin St Chicago, IL.

What is the asking price?

The asking price for this property is $999,000.

What are key features of this property?

This property features: Built in 1928