Properties

Features
: None
: Exterior Entry , Unfinished
: Water Available
Address Map
US
IL
Cook
Chicago
60636
Garfield
1449 - 51
Boulevard
W88° 19' 17.4''
N41° 47' 37.9''
Garfield Boulevard (55th St) to address. Property is located on the south side of Garfield Boulevard.
CHI - West Englewood
W
MULTI
Additional Information
8028
: Brick
: Multi-Family
Circuit Breakers
48' x 125'
6
Multi-Family
3
: Municipal Water
RLB Realty Group, Inc.
Ronald Branch
Financial
3165
Listing Information
116214
12619
Active
2026-07-03T05:06:05Z
MRED
2026-07-03T05:05:32Z
Property Description

Outstanding investment opportunity to acquire a well-maintained six-unit brick apartment building located on Chicago’s historic Garfield Boulevard. This legal six-flat features six spacious 2-bedroom, 1-bath apartments comprising approximately 8,028 square feet of living space on a 6,000-square-foot lot. Each apartment offers generous room sizes, separate living and dining rooms, hardwood flooring and individual gas-forced air furnaces. Tenants pay their own heat, gas and electricity, providing attractive operating efficiency and reduced owner expenses. The property enjoys a strong rental history with long-term tenants and immediate income-producing potential. Current rents range from $1,000 to $1,150 per month, with additional upside through future rental adjustments. Numerous recent capital improvements enhance the property’s value, including a new electrical service (2026), two new sump pumps (2026), repaired/replaced front porch lintels (2026), new basement flooring (2026), and a modified bitumen roof installed in approximately 2018 that is professionally inspected annually and maintained with a protective silver coating. Additional features include a spacious rear yard, five off-street parking spaces, full basement, and an excellent location with convenient access to CTA public transportation, Interstate 94 (Dan Ryan Expressway), Sherman Park, schools, shopping, restaurants, and Downtown Chicago. Whether expanding an investment portfolio or acquiring a stabilized multifamily asset with long-term appreciation potential, this property presents an exceptional opportunity in today’s Chicago multifamily market.

Commercial Sale For Sale

1449 - 51 W Garfield Boulevard, Chicago, Illinois 60636

  • Lot Size: 0.13 Acre
$699,900
Listing ID#12688777
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12688777
Price : $699,900
Year Built : 1912
Lot Size : 0.13 Acre
Listing Status : Active
Contact Agent