UNDER NEW MANAGEMENT, IMPROVED FINANCIALS & A $50K PRICE REDUCTION! Corner brick legal 13-unit apartment building located in the Chicago Lawn area of Chicago, Illinois. The property features on-site laundry, 2-car garage, huge gated back yard and entrance. Boiler heat along with separate meters for cooking gas and electric. The unit mix of the building consists of eight (8) studio/1-bath units, four (4) 1-bedroom/1-bath units and one (1) 2-bedroom/1-bath unit. Many capital improvements have been completed including new rubber roof (2017), 1/3 of the apartments have been updated which included new appliances at the time plus a new rubber roof (2017), updated boiler, hot water heater/tank, porches up to code (2012) and updated electrical panels. New management is currently releasing building so easy to show with 24 hours notice. Please note: 8 units have been updated and rented. 5 still are in the process of being updated. Financials Reflect a fully updated and rented building (ProForma)
Multi-familyProperty Type
1927Year Built
9,000 sq ftLot Size
$55Price/Sq.Ft.
2 spacesParking
Listed by Kevin Rocio• @properties Commercial
Listed by Matthew Neistat• @properties Christie's International Real Estate
Bought with Michael Tolliver• Atlas Asset Management Realty LLC
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
9,000 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
1927
Style
Multi-Family (5+ Unit)
County
Cook County
APN
19244040010000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
RS-3
Residential Single-Unit (Detached House) District
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Other
Infrastructure
Educational / school
Library
Recreation
Cemetery
Park & open space
Jun 25, 2024 • Final
Commercial
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
# of Parking (Total): 2
Indoor Parking: 1-5 Spaces
Interior
Additional Rooms Information
Basement Description: Partially Finished
Equipment
# Of Ranges: 13
# Of Washers: 2
# Of Dryers: 2
Washer/Dryer Lsd (Y/N): No
Unit Type 1 Information
# of Rooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 8
Monthly Income: $600
Monthly Income Max: $700
Unit Type 2 Information
# of Rooms: 4
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 4
Monthly Income: $725
Monthly Income Max: $750
Unit Type 3 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 1
Monthly Income: $1,000
Monthly Income Max: $1,000
Exterior
Building Information
# of Units: 13
Exterior Building Type: Brick
Built Before 1978 (Y/N): Yes
Roof: Rubber
Roof Structure: Flat
Foundation Details: Concrete Perimeter
Construction Materials: Brick
Property Information
Property Type: Multi Family 5+
Ownership Type: Limited Liability Corp
Parcel Number: 19244040010000
Lot Information
Dimensions: 60X150
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $9,859
Tax Year: 2018
Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 4.3
Total Monthly Income: $10,279
Gross Income: $9,800
Utilities
Heating & Cooling
Heat/Ventilation: Gas
Location
Location Information
Township: Lake
Directions: TWO BLOCKS W OF WESTERN AVE ON MARQUETTE RD
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: 2.0
Lot Size: 9,000 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1927
Year Renovated: —
County: Cook County
APN: 19244040010000
Home facts updated by county records on Sep 16, 2026
Other
Expense Information
Water Sewer Expense: $9,958
Water Expense Source: Broker Projection
Electric Expense: $556
Trash Expense: $1,256
Insurance Expense: $6,340
Listing Information
Possession: Closing
Around this home
Schools
Claremont Academy Elementary School
Public PreK-8 • Assigned • 0.5mi
4/10
Gage Park High School
Public 9-12 • Assigned • 1.4mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60629
Average low and high temperatures (°F)
31
17
39
24
55
35
63
44
70
51
83
64
87
70
83
67
80
61
67
52
52
39
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Oct
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Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.