Search
Multifamily Apartment Building
For Sale
$948,000

855 N Lockwood Avenue, Chicago, IL 60651

Individual apartments feature separate heating and electric service, supporting distinct utility arrangements.

Property SizeContact for details
Days on Market374

Property Features for 855 N Lockwood Avenue

General Information

Standard status Active
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $13,229

Amenities

3

Building Details

Year Built 1927
Tenancy Multi
Listing Agency: American International Realty
Listed By: Juan Loza
Source: Xome
Added: Aug 22, 2025 Changed: Aug 29 Last Checked: Aug 30 at 1:12PM

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 American International Realty

Investment Insights

Based on property information with market context.

This multifamily apartment property contains 6,257 square feet and was constructed in 1927. Each apartment has separate heating and electric service, providing individually arranged building systems rather than shared service across the property. The asset is designated MULTI under its zoning classification.

Located at 855 North Lockwood Avenue in Chicago, Illinois, the property occupies a quiet block within the city. Its apartment-building configuration and separate utility systems define the principal physical characteristics available for evaluation.

Key Highlights

  • 6,257‑square‑foot multifamily apartment property
  • Built in 1927
  • Separate heating and electric service for each apartment

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Parking Lot & Garage

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,155
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Individual apartments feature separate heating and electric service, supporting distinct utility arrangements.
Where is this apartment building located?
The property is located at 855 N Lockwood Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $948,000.
What are key features of this property?
This property features: 6,257‑square‑foot multifamily apartment property; Built in 1927; Separate heating and electric service for each apartment
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message