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12-Unit Apartment Building
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8559 S Bennett Ave, Chicago, IL 60617

Twelve-unit multifamily property with recent boiler, hot water tank, and roof improvements.

Property SizeContact for details
Days on Market122

Property Features for 8559 S Bennett Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: AW Properties Global
Listed By: Jeffrey Baasch · License #IL 475107724
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 2:36AM

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 AW Properties Global

Investment Insights

Based on property information with market context.

This 12-unit multifamily apartment building includes (11) one-bedroom units and (1) two-bedroom unit. Recent improvements cited include a 2016 Weil-McLain boiler equipped with four R&D Electronic sensors, a 2014 American Standard 180-gallon hot water tank, and repairs to most lintels. The roof is reported to be in good condition, and the porches are stated to be to code.

The property is located on S. Bennett Ave in Chicago’s Stony Island Park area.

The building’s unit mix is designed to support consistent residential occupancy, with a majority of one-bedroom layouts complemented by a single two-bedroom unit.

Key Highlights

  • 12‑unit multifamily building in Stony Island Park
  • Unit mix includes (11) 1‑bedroom units and (1) 2‑bedroom unit
  • 2016 Weil‑McLain boiler with four R&D Electronic sensors

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Skin Care Clinic Gym & Fitness Center Cafe & Coffee 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.

Location Intelligence

Trade Area within ½ mile

1,002
Businesses Nearby

Demographics for 60617, IL

77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value

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?
Apartment building - Twelve-unit multifamily property with recent boiler, hot water tank, and roof improvements.
Where is this apartment building located?
The property is located at 8559 S Bennett Ave Chicago, IL.
What are key features of this property?
This property features: 12‑unit multifamily building in Stony Island Park; Unit mix includes (11) 1‑bedroom units and (1) 2‑bedroom unit; 2016 Weil‑McLain boiler with four R&D Electronic sensors
More about this property
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