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56-60 E Chicago Ave 25 Unit Apartment Building $25,829,334 CAD ($1,033,173 CAD/Unit) Chicago, IL 60611

Apartment Buildings Illinois Chicago 56-60 E Chicago Ave, Chicago, IL 60611

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INVESTMENT HIGHLIGHTS

  • Great location!

EXECUTIVE SUMMARY

Vacant asset available for sale. Great opportunity for redevelopment or extensive renovation.
Property located in the heart of the action! It is one block off of Michigan Ave, located next door to Park Hyatt Hotel, across the street from global designer brand Ralph Lauren.
The location is ideal for someone to build housing, storefronts, mixed use, and more!

PROPERTY FACTS

Price $25,829,334 CAD Apartment Style Mid-Rise
Price Per Unit $1,033,173 CAD Building Class C
Sale Type Investment Lot Size 0.09 AC
Sale Conditions
High Vacancy Property
  • Redevelopment Project
 Building Size 23,381 SF
No. Units 25 No. Stories 6
Property Type Multifamily Year Built 1891
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
 Cross Streets E. Chicago Ave. & N. Rush St.
Zoning DX-12 - DX-12 allows for a building with at least twice the current square footage
Price $25,829,334 CAD
Price Per Unit $1,033,173 CAD
Sale Type Investment
Sale Conditions
High Vacancy Property
  • Redevelopment Project
No. Units 25
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.09 AC
Building Size 23,381 SF
No. Stories 6
Year Built 1891
Cross Streets E. Chicago Ave. & N. Rush St.
Zoning DX-12 - DX-12 allows for a building with at least twice the current square footage

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Elevator
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 15 - -
2+1 10 - -
1 1
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (93)
Bike Score®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 17-03-230-006-0000 Improvements Assessment $692,309 CAD
Land Assessment $159,541 CAD Total Assessment $851,850 CAD

PROPERTY TAXES

Parcel Number
17-03-230-006-0000
Land Assessment
$159,541 CAD
Improvements Assessment
$692,309 CAD
Total Assessment
$851,850 CAD
(312) 893-8162

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 36077228

  • Date on Market: 2025-06-02

  • Last Updated:

  • Address: 56-60 E Chicago Ave, Chicago, IL 60611

The Gold Coast Multifamily Property at 56-60 E Chicago Ave, Chicago, IL 60611 is currently available. Contact Berkshire Hathaway Home Services Koenig Rubloff for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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56-60 E Chicago Ave
(312) 893-8162 x

56-60 E Chicago Ave

Michael Rosenblum
(312) 893-8162

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