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Rehab-Ready Brick Quadplex
For Sale
Contact for pricing

820 W 58th Street, Chicago, IL 60621

Brick four-unit building is ready for renovation, with approved permits and construction plans to reconfigure unit layouts.

Property SizeContact for details
Days on Market124

Property Features for 820 W 58th Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 4
Listing Agency: Charles Rutenberg Realty
Listed By: Kirsten Smith-Williams · License #475149619
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 20 at 10:26PM

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 Charles Rutenberg Realty

Investment Insights

Based on property information with market context.

Brick four-unit quadplex requiring a total rehab has been readied down to the studs, with construction plans in place and approved permits from the city. The property is sold as is, where is, with no exceptions.

The current configuration includes two two-bedroom units and two one-bedroom units. Under the approved new construction plans, the building will be reconfigured into two three-bedroom units and two two-bedroom units, each with one bathroom. The project scope is also described as addressing existing city violations through the approved plans.

Key Highlights

  • Brick 4‑unit building sold as is, where is (no exceptions), with total rehab required.
  • Ready for renovation down to the studs, with approved city permits and construction plans in place.
  • Current layout: 2 two‑bedroom units and 2 one‑bedroom units.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Computer & Electronic Repair Skin Care Clinic Plumbing 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.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

490
Businesses Nearby

Demographics for 60621, IL

29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Brick four-unit building is ready for renovation, with approved permits and construction plans to reconfigure unit layouts.
Where is this quadplex located?
The property is located at 820 W 58th Street Chicago, IL.
What are key features of this property?
This property features: Brick 4‑unit building sold as is, where is (no exceptions), with total rehab required.; Ready for renovation down to the studs, with approved city permits and construction plans in place.; Current layout: 2 two‑bedroom units and 2 one‑bedroom units.
(312) 560-8048 Call to check price and availability
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