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Brick Multifamily Building
For Sale
Under Contract
$948,000

855 N Lockwood Avenue, Chicago, IL 60651

MULTI_FAMILY - Chicago, IL

Lot Size0.14 Acres
Days on Market225

Property Features for 855 N Lockwood Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 12
Bathrooms 10
Full bathrooms 10
Rooms Bathroom 8, Bathroom 9, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 5, Bedroom 11, Bathroom 1, Basement, Bedroom 9, Bathroom 7, Bathroom 4, Bathroom 6, Bedroom 1, Bedroom 10, Bedroom 7, Bedroom 6, Bedroom 12, Bathroom 3, Bedroom 2, Bathroom 10, Bedroom 8
Basement Unfinished, Exterior Entry
Directions CHICAGO AVE (W) OF CICERO 2 TO LOCKWOOD (N) TO THE PROPERTY.
Subdivision CHI - Austin
Standard status Active Under Contract
APN 16043300010000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13229

Building Details

Year built 1927
Floors in Building 3
Number of units 10
Building materials Brick
Listing Agency: American International Realty
Listed By: Juan Loza · License #475103946
Added: Dec 20, 2025 Changed: Aug 1 Last Checked: Aug 2 at 11:06PM
MLS# 12535584

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick multifamily building was constructed in 1927 and offers a basement. The property is described as having separate heating and electric for all apartments, supporting independent utility setups unit by unit.

Set on a 0.14-acre lot in Chicago (60651). The building is positioned on a very quiet block, according to the available remarks.

With multiple bedrooms and bathrooms reflected in the room inventory, the layout appears designed for apartment living with a range of bedroom counts.

Key Highlights

  • Brick multifamily building constructed in 1927
  • 0.14‑acre lot
  • Separate heating and electric for all apartments

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily building with separate heating and electric and on-site basement, built in 1927.
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: Brick multifamily building constructed in 1927; 0.14‑acre lot; Separate heating and electric for all apartments
More about this property
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