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This Multifamily Property is no longer advertised on LoopNet.com.
348 W 74th St
Chicago, IL 60621
Multifamily Property For Sale
·
38 Units

Investment Highlights
- Recently Updated Units Including Stainless Steel Appliances
- Opportunity To Achieve 11%+ Cap Rate Through Capturing Market Rents
- Approved for AHSAP, lowering the assessed value by 25% starting in 2025
- New Tear O? Roof (2024), New Metal Porches (2024), Electric Panels In Unit
- On-site Laundry For Tenant Convenience & Additional Income
Property Facts
| No. Units | 38 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 13,422 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1923 |
| Building Class | B | ||
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District | ||
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 13,422 SF |
| No. Stories | 4 |
| Year Built | 1923 |
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Recycling
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | 600 |
| 1+1 | 27 | - | 625 - 675 |
| 2+2 | 3 | - | 792 |
Property Taxes
| Parcel Number | 20-28-216-014-0000 | Improvements Assessment | $102,376 |
| Land Assessment | $7,049 | Total Assessment | $109,425 |
Property Taxes
Parcel Number
20-28-216-014-0000
Land Assessment
$7,049
Improvements Assessment
$102,376
Total Assessment
$109,425
Listing ID: 37649783
Date on Market: 9/12/2025
Last Updated:
Address: 348 W 74th St, Chicago, IL 60621
The Englewood Multifamily Property at 348 W 74th St, Chicago, IL 60621 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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