


460 W 28th PlaceChicago, IL 60616
Commercial · 5 Beds · 3,960 Sq. ft. | 0.07 Acres460 W 28th Place Overview
- Time on Site:
- 84 days
- Visits:
- 0
This well-maintained brick 6-unit building presents a compelling investment opportunity featuring a desirable unit mix of two (2) 2-bedroom / 2-bath apartments, two (2) 2 Bedroom/1 -Bath Units and two (2) 1-bedroom / 1-bath units. The property offers apartment-quality updates throughout, including modern kitchens and baths, stainless steel appliances, and contemporary range hoods that appeal to today's renters. Interiors are thoughtfully improved while maintaining operational efficiency, creating strong in-place tenancy and long-term rental stability. The building includes shared laundry facilities in the rear lower level, offering free on-site laundry as a valuable tenant amenity, along with bundled utilities including water, sewer, trash, and Wi-Fi to simplify management and enhance leasing appeal. A two-car garage provides additional income potential and convenience for residents. With its solid brick construction, updated interiors, and tenant-friendly amenities, this asset delivers a balanced combination of durability, modern finishes, and steady cash flow potential.
460 W 28th Place Facts & Features
- Type Commercial
- Sq. ft. 3,960
- Price/Sq.ft. $318
- Lot 0.07 Acres
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Income: 131568
- Gross Scheduled Income: 0
- Insurance Expense: 0
- Maintenance Expense: 0
- Net Operating Income: 90468
- Operating Expense: 34520
- Trash Expense: 0
- Water Sewer Expense: 0
Building Information
- Year Built: 1899
Business Information
- Current Use: Multi-Family
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Bridgeport
- Township: South Chicago
Rent/Lease Information
- Tenant Pays: Electricity, Heat
Tax Information
- Tax Annual Amount: $12,657.24
- Tax Year: 2024
General Information
- Parcel Number: 17283140250000
- Property Type: Commercial Sale
- Zoning: MULTI
Interior
Building Interior
- Building Area Total: 3960
General Information
- Basement: None
- Cooling: Central Air, Central Individual
- Electric: Circuit Breakers, Separate Meters
- Fireplaces Total: 0
- Stories: 3
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: City Street
- Lot Size Dimensions: 25X125
- Lot Size Square Feet: 3125
Building Exterior/Construction
- Construction Materials: Brick
- Roof: Rubber
General Information
- Number Of Units Total: 6
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 2
- Baths Total: 2
- Units Total: 2
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 2
- Baths Total: 1
- Units Total: 2
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 1
- Baths Total: 1
- Units Total: 2
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 0
- Baths Total: 1
- Units Total: 0
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 0
- Baths Total: 1
- Units Total: 0
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 0
- Baths Total: 1
- Units Total: 0
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
460 W 28th Place Neighborhood
Community
60616 (Chicago) Demographics
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.460 W 28th Place Monthly Cost
460 W 28th Place Market Data
Based on the last 30 days in this zip code
460 W 28th Place History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: MRED | $1,260,000 -3.0% |
|
| 6/29/2026Source: MRED | Price Change |
|
| 4/12/2026Source: MRED | Active |
|
| 4/7/2026Source: MRED | April 07, 2026 |
|
| 6/20/2022Source: MRED | January 27, 2022 |


















