4035 South Richmond Street, Chicago, IL 60632 For Sale

ACCESS & CONNECTIVITY

For bus access, the Archer Avenue bus stop is right down the street, putting riders on CTA Route 62 (the Archer line) which runs the full length of Archer Avenue through Brighton Park and connects riders all the way into the Chicago Loop.

For rail access, the CTA Orange Line's Kedzie station is just a few blocks away. The Orange Line runs 13 miles from Midway International Airport to the Loop in downtown Chicago. The Kedzie station is located at 4900 South Kedzie Avenue and sits between the Brighton Park and Gage Park neighborhoods, offering parking and a bus terminal that connects to several additional CTA routes.

From a highway standpoint, the Property is equally well-positioned. Interstate 55, the Stevenson Expressway, is nearby, giving drivers quick access to downtown Chicago to the northeast and the southwest suburbs beyond.

AREA AMENITIES & DEMAND DRIVERS

4035 S. Richmond Street benefits from its location within Chicago’s Brighton Park neighborhood, a densely populated and transit-oriented community that continues to attract renters seeking affordability and accessibility within the city.

Residents are near the vibrant Archer Avenue corridor, known for its collection of locally owned restaurants, bakeries, and neighborhood businesses.

Nearby McKinley (William) Park serves as one of the area’s primary recreational amenities and features athletic fields, walking paths, green space, playgrounds, and seasonal recreational programming. Residents also benefit from proximity to Brighton Park and Kelly Park, which provide neighborhood-level recreation and community gathering spaces.

NEARBY EMPLOYMENT HUBS

4035 S. Richmond Street benefits from its proximity to one of the nation’s largest and most diversified employment centers, with Downtown Chicago serving as a major driver of housing demand throughout the city’s southwest side neighborhoods.

Chicago’s financial sector remains a major economic engine for the region, anchored by nationally recognized institutions including JPMorgan Chase, Northern Trust, BMO Harris Bank, and CME Group. The Loop financial district and LaSalle Street corridor continue to house major banking, trading, investment management, and corporate headquarters operations that employ thousands of professionals throughout the metropolitan area.

Major healthcare employers throughout Chicago include Northwestern Medicine, Rush University Medical Center, University of Chicago Medical Center, and Advocate Health Care, all of which employ substantial numbers of physicians, researchers, nurses, administrative staff, and support personnel across the region.

DESIRABLE BRICK CONSTRUCTION

The Property features durable brick construction, a highly desirable attribute for multifamily housing that provides long-term structural integrity, fire resistance, and reduced maintenance requirements. Brick construction also delivers superior sound attenuation and thermal efficiency, contributing to lower utility costs and enhanced resident comfort while preserving long-term aesthetic appeal.

UTILITIES

Tenants are responsible for gas powered heating and separately metered electricity, which tenants pay directly. The Landlord is responsible for providing gas powered hot water and city water & sewer, which they pay directly.

OFF-STREET PARKING The Property features two (2) off-street parking spaces.

STRONG RENTAL DEMOGRAPHICS & DEMAND

More than 43,900 people live within 1 mile of the Property with an average household income of $86,799. Over 348,500 people reside within 3 miles of the Property with an average household income of $85,808.

QUALITY OF LIFE AMENITIES

Nearby dining options include nationally recognized brands such as McDonald’s, Starbucks, Dunkin’, and Popeyes, while local favorites include Cafe El Meson, known for its Puerto Rican cuisine, and El Loto de Fuego along Archer Avenue.

Grocery options nearby include Pete's Fresh Market and La Palma Supermercado, along with numerous neighborhood convenience stores, pharmacies, and service retailers located throughout the Archer Avenue and Kedzie Avenue corridors.

Residents also benefit from access to larger retail centers such as Yards Plaza and Riverside Square & River's Edge, which offer a broad mix of national retailers, grocery anchors, dining options, and personal services serving Chicago’s southwest side communities