Updated Residential Income
For Sale
$485,000
930 W Agatite Avenue #G, Chicago, IL 60640
Open-concept condominium with refreshed finishes, private deck access, and one included parking space.
Property Size1,800 SF
Price / SF$269.44
Days on Market91
Property Features for 930 W Agatite Avenue #G
General Information
Standard status
Active
Size
1,800 SF
Total Parking Spaces
1
Property subtype
Apartment
Additional Details
Multifamily Units
1
Amenities
fireplace
community deck
Jacuzzi tub
Central Air
Forced Air
Natural Gas
Range
Microwave
Dishwasher
Refrigerator
Washer
Dryer
Disposal
Stainless Steel Appliance(s)
Deck
Building Details
Year Built
1910
Listing Agency:
Baird & Warner
Listed By:
Hadley Rue · License #475165252
(312) 265-8000
Source:
Kw
Added: Jul 21
Changed: Oct 9
Last Checked: Oct 19 at 5:42AM
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 Baird & Warner
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Investment Insights
Based on property information with market context.
This 1,800-square-foot condominium at 930 W Agatite Avenue #G features an open interior with new hardwood flooring, 8-foot ceilings, and fresh paint. The living room includes a fireplace, large windows, and southern exposure. A renovated kitchen is equipped with new quartz countertops, stainless steel appliances, tile backsplash, extensive cabinetry, and a breakfast bar opening to the dining and living areas.
The primary suite has separate closets and an ensuite bathroom with a double vanity, Jacuzzi tub, and separate shower. Additional bedrooms provide generous proportions and closet storage. The home also includes central air, forced-air heating, natural gas service, in-unit washer and dryer, and private access to a community deck. One parking space is included. Lake Michigan’s lakefront and area parks are located just blocks away. The water heater was replaced in 2022 and the furnace in 2023.
The primary suite has separate closets and an ensuite bathroom with a double vanity, Jacuzzi tub, and separate shower. Additional bedrooms provide generous proportions and closet storage. The home also includes central air, forced-air heating, natural gas service, in-unit washer and dryer, and private access to a community deck. One parking space is included. Lake Michigan’s lakefront and area parks are located just blocks away. The water heater was replaced in 2022 and the furnace in 2023.
Key Highlights
- 1,800‑square‑foot open‑concept condominium with 8‑foot ceilings
- New hardwood flooring, quartz kitchen countertops, and fresh interior paint
- Primary suite with separate closets, double vanity, Jacuzzi tub, and separate shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,592
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,840
$551.8K
Cap Rate 7%
$394,171
$394.2K
Cap Rate 9%
$306,578
$306.6K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$52.9K $29.40/SF
− Vacancy
−$2.8K −$1.53/SF
EGI
$50.2K $27.87/SF
− OpEx
−$22.6K −$12.54/SF
NOI
$27.6K $15.33/SF
Area
Chicago, IL
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,840
Cap Rate 7%
$394,171
Cap Rate 9%
$306,578
Alternative Uses
Best Use
Apartment 5plus
$394.2K
$344.9K – $459.9K
NOI $27,592 @ 7.0% cap · market cap 5.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$848.7K
$742.6K – $990.2K
NOI $59,409 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,269
Businesses Nearby
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Business Placement
Demographics for 60640, IL
65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Open-concept condominium with refreshed finishes, private deck access, and one included parking space.
Where is this residential income property located?
The property is located at 930 W Agatite Avenue #G Chicago, IL.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 1,800‑square‑foot open‑concept condominium with 8‑foot ceilings; New hardwood flooring, quartz kitchen countertops, and fresh interior paint; Primary suite with separate closets, double vanity, Jacuzzi tub, and separate shower
