Listing provided courtesy of Keller Williams ONEChicagoMREDas Distributed by MLSGrid- MLS# 12634697MLS Provider

1838 W 65th StreetChicago, IL 60636

Commercial · 5 Beds
$575,000 Active

1838 W 65th Street Overview

Time on Site:
52 days
Visits:
0

All Brick, corner, 6-unit apartment building featuring two 3-bed/1-bath units and four 2-bed/1-bath units. Many updates throughout. All six units have been modernized in the last five years. The building has a new roof and partial parapet rebuild. Individual furnaces, tenants pay their own gas and electric. Pro-forma rents of $90,000/year and low overall expenses generate $69,883 NOI ~ which translates to a 12.2 CAP rate. Coin-operated laundry in basement. Several new furnaces. Contact Broker for more details. Agent Owned.

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1838 W 65th Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 1080
  • Electric Expense: 640
  • Fuel Expense: 2231
  • Gross Income: 90000
  • Insurance Expense: 5625
  • Maintenance Expense: 0
  • Net Operating Income: 69883
  • Operating Expense: 20117
  • Trash Expense: 3424
  • Water Sewer Expense: 1693

Building Information

  • Year Built: 1922

Business Information

  • Current Use: Multi-Family

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - West Englewood

Rent/Lease Information

  • Tenant Pays: Electricity, Heat

Tax Information

  • Tax Annual Amount: $5,424.56
  • Tax Year: 2024

General Information

  • Parcel Number: 20192100400000
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Basement: Unfinished
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street,Alley Access
  • Lot Size Dimensions: 36.7 x 123
  • Lot Size Square Feet: 4514
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 6
  • Utilities: Cable Available

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 4

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 2

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

1838 W 65th Street Neighborhood

Community

60636 (Chicago) Demographics

40
Median Age
7,678
Population Density (per sq. mile)
18%
College Educated
$26,598
Estimated Median Income
5,064
Estimated Total Home Owners
5,915
Estimated Total Renters
46% / 54%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1838 W 65th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1838 W 65th Street Market Data

Based on the last 30 days in this zip code

$210,230
Average List Price
$143
Average Price per Square Foot
17
Properties Sold
75
Average Days on Market
87
Properties for Sale
Calculations provided by Reliance Network

1838 W 65th Street History

Date Event Value Agent
5/13/2026Source: MRED Status Change
Active
5/8/2026Source: MRED Added to Database
May 08, 2026