Six-Unit Apartment
For Sale
Contact for pricing
Pending
9017 S Bishop St, Chicago, IL 60620
Updated kitchens and bathrooms complement hardwood-floor interiors with abundant natural light.
Property Size4,800 SF
Days on Market309
Property Features for 9017 S Bishop St
General Information
Standard status
Pending
Size
4,800 SF
Class
C
Property subtype
Multifamily
Units
Unit Mix
3 x 1Bd/1Ba, 3 x 2Bd/1Ba
Multifamily Units
6
Additional Details
Cap Rate
9.26%
Public Transit
Yes
Building Details
Buildings
1
Units
6
Listing Agency:
Kiser Group
(773) 293-5032
Listed By:
Noah Birk · License #IL 475.125864
Source:
Crexi
Added: Oct 27, 2025
Changed: Aug 29
Last Checked: Aug 29 at 9:04PM
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 Kiser Group
Investment Insights
Based on property information with market context.
This six-unit apartment building at 9017 S Bishop St in Chicago offers a balanced mix of Three 1Bd/1Ba apartments and Three 2Bd/1Ba apartments. The units feature spacious interiors, hardwood floors, and strong natural light. Property improvements include a newer boiler with R&D control system, modernized kitchens and bathrooms, and extensive masonry and tuckpointing work.
The building is positioned two blocks from the Brainerd Metra station, providing rail access toward Downtown Chicago. S. Ashland Avenue shops and dining are nearby, while Brainerd Park is within walking distance and includes a playground, basketball court, and baseball field.
The property has an in-place cap rate of 9.26% and cash return of 14.29%. Based on rents already achieved in the area, the pro forma cap rate is 10.75% with a pro forma cash return of 20.24%.
The building is positioned two blocks from the Brainerd Metra station, providing rail access toward Downtown Chicago. S. Ashland Avenue shops and dining are nearby, while Brainerd Park is within walking distance and includes a playground, basketball court, and baseball field.
The property has an in-place cap rate of 9.26% and cash return of 14.29%. Based on rents already achieved in the area, the pro forma cap rate is 10.75% with a pro forma cash return of 20.24%.
Key Highlights
- Six‑unit building with Three 1Bd/1Ba and Three 2Bd/1Ba apartments
- In‑place cap rate of 9.26% and cash return of 14.29%
- Pro forma cap rate of 10.75% and cash return of 20.24%
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
939
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated kitchens and bathrooms complement hardwood-floor interiors with abundant natural light.
Where is this apartment building located?
The property is located at 9017 S Bishop St Chicago, IL.
What are key features of this property?
This property features: Six‑unit building with Three 1Bd/1Ba and Three 2Bd/1Ba apartments; In‑place cap rate of 9.26% and cash return of 14.29%; Pro forma cap rate of 10.75% and cash return of 20.24%
