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Multifamily Apartment Building

855 N Lockwood Avenue, Chicago, IL 60651

For Sale
$948,000

Apartments have separate heating and electric service.

Property SizeContact for details
Days on Market323

Property Features for 855 N Lockwood Avenue

General Information

Standard status Active
Property subtype Commercial
Zoning MULTI

Taxes and HOA fees

Annual Taxes $13,228

Building Details

Year Built 1927
Stories 3
Units 10
Listing Agency: American International Realty
Listed By: Juan Loza · License #475103946
Source: Fishmangroup
Added: Dec 20, 2025 Changed: Oct 29 Last Checked: Nov 7 at 3:16AM

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

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Investment Insights

Based on property information with market context.

This multifamily property dates to 1927 and contains apartments with separate heating and electric service. The building is on N Lockwood Avenue in Chicago.

Key Highlights

  • Built in 1927
  • Separate heating and electric service for each apartment

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Multifamily properties 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?
Multifamily property - Apartments have separate heating and electric service.
Where is this multifamily property 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: Built in 1927; Separate heating and electric service for each apartment
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