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12-Unit Apartment Building
For Sale
$574,900

8743 S Beverly Avenue, Chicago, IL 60620

Commercial Sale, Chicago, IL

Property SizeContact for details
Days on Market378

Property Features for 8743 S Beverly Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 13
Bathrooms 12
Full bathrooms 12
Rooms Bathroom 2, Bedroom 3, Bedroom 12, Bedroom 7, Bedroom 11, Bathroom 5, Bathroom 8, Bedroom 9, Bedroom 13, Bathroom 10, Bathroom 12, Bedroom 6, Bedroom 10, Bathroom 7, Bedroom 8, Bedroom 4, Bedroom 5, Bathroom 4, Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 6, Bathroom 11, Bathroom 9, Bedroom 2
Directions SOUTH OF 87TH ST, EAST SIDE OF BEVERLY AVE
Subdivision CHI - Auburn Gresham
Standard status Active
APN 25062000870000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 12930

Amenities

laundry room

Building Details

Year built 1964
Floors in Building 3
Number of units 12
Listing Agency: Chicago Real Estate Resources
Listed By: Finley Askin · License #471021038
Added: Aug 19, 2025 Changed: Aug 20 Last Checked: Aug 31 at 4:06PM
MLS# 12450550

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.

Built in 1964, this apartment property contains 12 units arranged as five two-bedroom apartments, three one-bedroom apartments, and four studios. The building is mostly vacant and includes a dedicated laundry room along with 12 exterior parking spaces. Vacant units require renovation work focused on kitchens and bathrooms.

Heating, electrical, and plumbing systems are older but currently operational. The roof is approaching the end of its useful life, providing an important consideration for future ownership planning. The property is located at 8743 S Beverly Avenue in Chicago’s Auburn Gresham neighborhood.

Key Highlights

  • 12‑unit apartment building with five two‑bedroom, three one‑bedroom, and four studio units
  • Mostly vacant occupancy condition with renovation needs in kitchens and bathrooms
  • 12 exterior parking spaces on‑site

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service (Bike/Boat/Book/etc) Store

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

652
Businesses Nearby

Demographics for 60620, IL

66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
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 - Mostly vacant property with on-site laundry and exterior parking; units require kitchen and bath updates.
Where is this apartment building located?
The property is located at 8743 S Beverly Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $574,900.
What are key features of this property?
This property features: 12‑unit apartment building with five two‑bedroom, three one‑bedroom, and four studio units; Mostly vacant occupancy condition with renovation needs in kitchens and bathrooms; 12 exterior parking spaces on‑site
More about this property
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