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Renovated Multifamily Property

8900 S Normal Avenue, Chicago, IL 60620

For Sale
$469,900

Three connected parcels include two residential buildings, a separate vacant lot, and garage parking for three vehicles.

Property SizeContact for details
Days on Market43

Property Features for 8900 S Normal Avenue

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Residential Income

Site & Location

Neighborhood Brainerd

Units

Unit Mix 2 x 1BR, 1 x 3BR, 1 x 1BR
Multifamily Units 3

Additional Details

Gross Income $61,200
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,971

Amenities

shared coin laundry

Building Details

Year Built 1890
Buildings 2
Listing Agency: Ready Properties Inc
Listed By: Lucas Alvarado · License #471018465
Source: Amberrealty
Added: Sep 26 Changed: Nov 7 Last Checked: Nov 7 at 12:31PM

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 Ready Properties Inc

Rey
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Investment Insights

Based on property information with market context.

The property spans three adjoining parcels and includes two residential buildings, a vacant lot, and two garages. It contains three residential units and one non-conforming unit. Interior updates include kitchens, bathrooms, quartz countertops, fresh paint, and luxury vinyl plank flooring. Garage capacity totals three vehicles, with an additional parking pad and rear fencing. Coin-operated laundry is shared by two units.

Located at 8900 S Normal Avenue in Chicago, the property is near Home Depot, Lowe’s, Chipotle, and Floor & Decor. The buildings date to 1890.

Key Highlights

  • Three connected parcels include two buildings and one vacant lot
  • Three residential units plus one non‑conforming unit
  • Updated kitchens and bathrooms, quartz countertops, fresh paint, and LVP flooring

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

473
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
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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 - Three connected parcels include two residential buildings, a separate vacant lot, and garage parking for three vehicles.
Where is this multifamily property located?
The property is located at 8900 S Normal Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: Three connected parcels include two buildings and one vacant lot; Three residential units plus one non‑conforming unit; Updated kitchens and bathrooms, quartz countertops, fresh paint, and LVP flooring
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