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605 E 80th St 12 Unit Apartment Building $525,000 ($43,750/Unit) Chicago, IL 60619
Executive Summary
A 12-unit apartment building ideally suited for value-add investors seeking to create sweat equity through strategic repositioning. This attractive corner building is vacant and offers a blank slate opportunity for investors. The property is well located in Chatham, benefiting from strong transit connectivity, durable neighborhood demand, and favorable Chicago multifamily fundamentals driven by a limited new supply pipeline. This is the type of asset where clean execution renovation efforts can translate directly into NOI growth, creating long-term stability for investors focused on both cash flow and appreciation.
Property Facts
| Price | $525,000 | Building Class | C |
| Price Per Unit | $43,750 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 9,600 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1923 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RT-4 | ||
| Price | $525,000 |
| Price Per Unit | $43,750 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 9,600 SF |
| No. Stories | 3 |
| Year Built | 1923 |
| Opportunity Zone |
Yes |
| Zoning | RT-4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
1 1
Walk Score®
Very Walkable (88)
Property Taxes
| Parcel Number | 20-34-212-001-0000 | Improvements Assessment | $48,723 |
| Land Assessment | $8,677 | Total Assessment | $57,400 |
Property Taxes
Parcel Number
20-34-212-001-0000
Land Assessment
$8,677
Improvements Assessment
$48,723
Total Assessment
$57,400
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605 E 80th St
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