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Four-Unit Apartment Building
New
For Sale
$1,650,000

828 W Lill Avenue, Chicago, IL 60614

Each residence has central HVAC and separate utility service.

Property SizeContact for details
Days on Market5

Property Features for 828 W Lill Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype MULTI_FAMILY

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/2BA, 2 x 1BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $24,445

Amenities

shared yard
patio
mature landscaping
garden plots
outdoor furniture
grill
in-unit laundry
shared laundry

Building Details

Year Built 1886
Buildings 2
Tenancy Multi
Listing Agency: @properties Christie's International Real Estate
Listed By: Lucas Blahnik · License #471017201
Source: Dawnmckennagroup
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 3:00PM

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 @properties Christie's International Real Estate

Investment Insights

Based on property information with market context.

This 1886 apartment property contains four residences across a front building and a rear coach house. The front structure includes a two-bedroom rental and a three-bedroom owner’s duplex-up; the coach house has two one-bedroom apartments. The duplex features a vaulted living room, an updated kitchen, a primary suite with walk-in closet and attached bath, and in-unit laundry. Laundry for the rear apartments is shared in the basement. Central HVAC and separate utilities serve all four homes, while common electric, water, and trash are owner-paid. A shared outdoor area between the buildings includes patio pavers, landscaped space, garden plots, seating, and a grill.

Located in Chicago’s Lincoln Park, the property is near shopping, dining, and entertainment along Halsted Street and Lincoln Avenue. Train service is accessible, and Alcott Elementary is within walking distance. Two nearby leased parking spaces are transferable.

Key Highlights

  • Four residences: a two‑bedroom rental, three‑bedroom owner’s duplex‑up, and two one‑bedroom apartments
  • Built in 1886
  • Central HVAC and separate utilities in all apartments

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Accounting Firm Butcher Barber Shop

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
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

7,936
Businesses Nearby

Demographics for 60614, IL

73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Each residence has central HVAC and separate utility service.
Where is this quadplex located?
The property is located at 828 W Lill Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Four residences: a two‑bedroom rental, three‑bedroom owner’s duplex‑up, and two one‑bedroom apartments; Built in 1886; Central HVAC and separate utilities in all apartments
More about this property
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