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Three-Unit Apartment Building
For Sale
Contact for pricing
Pending

8221 S Evans Ave, Chicago, IL 60619

Well-maintained walkup with updated kitchens, hardwood floors, and spacious residential layouts.

Property SizeContact for details
Days on Market145

Property Features for 8221 S Evans Ave

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 3 x 3BR/1BA
Multifamily Units 3

Building Details

Buildings 1
Listing Agency: Kiser Group
Listed By: Aaron Sklar · License #IL 475161507
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Sep 2 at 4:39AM

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 Kiser Group

Investment Insights

Based on property information with market context.

This three-unit walkup contains three 3Bd/1Ba residences, each arranged with multiple bedrooms, full bathrooms, and substantial living areas. Updated kitchens provide modern appliances and cabinet storage, while hardwood flooring and abundant natural light contribute to the interior character. The building combines classic architectural details with contemporary residential conveniences.

Located at 8221 S Evans Ave in Chicago, the property is positioned on a quiet, one-way street in Chatham. Avalon Park train station is within walking distance, with parks, shops, and other local amenities nearby. The property also has an in-place cap rate of over 6%, providing a defined operating metric for prospective investors.

Key Highlights

  • Three (3) unit walkup building
  • Three (3) spacious 3Bd/1Ba units
  • Updated kitchens with appliances and cabinet storage

Property Analytics

Current Use

Triplexes

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.

Lease Details

3
Residential units
Yes
Paved road access

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
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Frequently Asked Questions

What type of property is this?
Triplex - Well-maintained walkup with updated kitchens, hardwood floors, and spacious residential layouts.
Where is this triplex located?
The property is located at 8221 S Evans Ave Chicago, IL.
What are key features of this property?
This property features: Three (3) unit walkup building; Three (3) spacious 3Bd/1Ba units; Updated kitchens with appliances and cabinet storage
(773) 293-5032 Call to check price and availability
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