Building Details

Year Built 1924

Listing Agency: Power Realty Chicagoland,Pllc Show Phone

Listed By: Thomas Bezanes Show Phone

Source: Highriseschicago

Added: Aug 21 Changed: Aug 29 Last Checked: Aug 30 at 4:05PM

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Investment Insights

Based on property information with market context.

This multifamily property is located at 8245 S Evans Ave in Chicago, Illinois. Constructed in 1924, the asset is identified for residential income use and is offered for sale.

Key Highlights

• Multifamily property at 8245 S Evans Ave, Chicago, IL 60619
• Built in 1924
• Residential income property classification

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Gym & Fitness Center Cafe & Coffee Shop Skin Care Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

1,520

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily property with established construction and residential income use potential.

Where is this multifamily property located?

The property is located at 8245 S Evans Ave Chicago, IL.

What is the asking price?

The asking price for this property is $275,000.

What are key features of this property?

This property features: Multifamily property at 8245 S Evans Ave, Chicago, IL 60619; Built in 1924; Residential income property classification