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5-Unit Apartment Building

8510 West Catalpa Avenue, Chicago, IL 60656

For Sale
Contact for pricing

Basement amenities include individual tenant storage and coin-operated laundry.

Property SizeContact for details
Days on Market20

Property Features for 8510 West Catalpa Avenue

General Information

Standard status Active
Total Parking Spaces 10
Property subtype Multifamily

Site & Location

Neighborhood OHare
Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Multifamily Units 5
Parking per Unit 2

Additional Details

Tenant in Place Yes

Amenities

storage
coin operated washer and dryer
Listing Agency: RE/MAX American Dream
Listed By: Jesse Singh · License IL #475117365
Source: Crexi
Added: Oct 22 Changed: Nov 8 Last Checked: Nov 10 at 5:06AM

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 RE/MAX American Dream

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This five-unit apartment property has basement storage assigned to each unit and a coin-operated washer and dryer. The building also provides 10 tandem parking spaces, or two for each apartment. Tenants pay their own electricity; heat, water, and cooking gas are included in rent.

The property is at 8510 West Catalpa Avenue in Chicago. The Blue Line is within walking distance, with access to I-90 and O'Hare also noted.

Key Highlights

  • Five‑unit apartment building
  • 10 parking spaces arranged as two tandem spaces per unit
  • Individual basement storage for each apartment

Property Analytics

Lease Details

5
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,978
Businesses Nearby

Demographics for 60656, IL

28,474
Population
12,840
Households
2.2
Avg Household Size
40
Median Age
42%
College-Educated
92%
High-School Grad
3.2 sq mi
ZIP Area
8,898
Density / Sq Mi
$88,000
Median Household Income
$54,639
Median Earnings
$1,388
Median Rent
$344,400
Median Home Value

Market

Properties on Market for Apartment buildings in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Basement amenities include individual tenant storage and coin-operated laundry.
Where is this apartment building located?
The property is located at 8510 West Catalpa Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Five‑unit apartment building; 10 parking spaces arranged as two tandem spaces per unit; Individual basement storage for each apartment
(847) 606-3664 Call to check price and availability
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