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Six-Unit Apartment Building
For Sale
Contact for pricing
Pending

8622 W Berwyn Ave, Chicago, IL 60656

Well-maintained multifamily property with two-bedroom residences, surface parking, laundry, storage, and basement bonus space.

Property SizeContact for details
Days on Market145

Property Features for 8622 W Berwyn Ave

General Information

Standard status Pending
Total Parking Spaces 6
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 6 x 2BR
Multifamily Units 6

Amenities

on-site laundry
tenant storage
bonus space
Listing Agency: Interra Realty, LLC
Listed By: Paul Waterloo · License #IL
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Aug 30 at 11:49PM

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 Interra Realty, LLC

Investment Insights

Based on property information with market context.

This six-unit apartment building contains six two-bedroom residences and has been maintained by the current ownership for nearly 20 years. The property includes six surface parking spaces, a full basement, on-site laundry, tenant storage, and bonus space occupying half of the basement.

Located in Chicago’s O’Hare submarket, the property is approximately 13 miles northwest of the Downtown Chicago Loop. Tenants have access to the Cumberland CTA stop within walking distance, along with the Kennedy Expressway and O’Hare International Airport.

Key Highlights

  • Six two‑bedroom apartment units
  • Six surface parking spaces
  • Full basement with on‑site laundry and tenant storage

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Cosmetic Store Florist Bakery Locksmith

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

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,511
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

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 - Well-maintained multifamily property with two-bedroom residences, surface parking, laundry, storage, and basement bonus space.
Where is this apartment building located?
The property is located at 8622 W Berwyn Ave Chicago, IL.
What are key features of this property?
This property features: Six two‑bedroom apartment units; Six surface parking spaces; Full basement with on‑site laundry and tenant storage
More about this property
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