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Vintage Chicago 6-Unit Apartment Building
For Sale
$668,000

9335 South Chicago Ave, Chicago, IL 60617

Vintage 6-unit apartment building in up-and-coming Chicago location.

Property SizeContact for details
Days on Market585

Property Features for 9335 South Chicago Ave

General Information

Standard status Active
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $8,078

Amenities

3

Building Details

Year Built 1886
Listing Agency: Charles Rutenberg Realty of IL
Listed By: Marguerite Dooley · License #475142245
Source: Xome
Added: Jan 21, 2025 Changed: Aug 12 Last Checked: Aug 29 at 6:58AM

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 Charles Rutenberg Realty of IL

Investment Insights

Based on property information with market context.

This three-story, red brick, vintage Chicago apartment building contains six units. Constructed in 1886, the property features original red Chicago brick, stone trim capping, steel security doors, and an enclosed rear stairwell/porch. Each unit has a separate exterior door. The front and rear porches were rebuilt within the last six years. A grassy area in the rear yard provides space for tenant use. The property is located in an up-and-coming area of east Chicago, with proximity to the lakefront, South Shore, transportation options, a thriving industrial area, and the Loop. All units are leased, and tenants are responsible for utility payments, making this an attractive investment opportunity.

Key Highlights

  • Vintage 6‑unit apartment building in an up‑and‑coming Chicago location, offering potential for appreciation.
  • Attractive cap rate for investors, providing immediate income potential.
  • Tenant‑paid utilities, reducing landlord expenses.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Skin Care Clinic Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

856
Businesses Nearby

Demographics for 60617, IL

77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
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 - Vintage 6-unit apartment building in up-and-coming Chicago location.
Where is this apartment building located?
The property is located at 9335 South Chicago Ave Chicago, IL.
What is the asking price?
The asking price for this property is $668,000.
What are key features of this property?
This property features: Vintage 6‑unit apartment building in an up‑and‑coming Chicago location, offering potential for appreciation.; Attractive cap rate for investors, providing immediate income potential.; Tenant‑paid utilities, reducing landlord expenses.
More about this property
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