10856 South Avenue D
Multi-Family | 6 Units | $116,667/unit
Marketing description
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase 10856 S Avenue D, a six (6) unit multi-family investment property located in Chicago, IL (the “Property”). The Property contains six (6) 1-Bedroom/1-Bathroom units with 4,500 square feet of gross living area in 5,000 square feet of gross area. The Property is situated upon a 0.12-acre parcel in the East Side neighborhood on Chicago’s far Southeast Side.
10856 S Avenue D is well-positioned in Chicago’s East Side neighborhood, an established residential community bordered by the Calumet River and the Indiana state line. The Property benefits from convenient connectivity to major regional routes, including the Chicago Skyway (Interstate 90) and Indianapolis Boulevard (U.S. Route 12/20), providing efficient access throughout Chicago’s Southeast Side and into northwest Indiana.
Investment highlights
ACCESS & CONNECTIVITY
The East Side neighborhood is served by Chicago Transit Authority (CTA) bus routes, providing local service throughout the community and connections to the broader CTA network.
For commuter rail, the site benefits from proximity to the Metra Electric Line’s South Chicago Branch, with the nearest stations located in the adjacent South Chicago neighborhood, providing service north to Millennium Station in downtown Chicago.
10856 S Avenue D has straightforward access to major area routes, including the Chicago Skyway (Interstate 90) and Indianapolis Boulevard, which link the East Side to downtown Chicago, the surrounding suburbs, and the northwest Indiana markets.
AREA AMENITIES & DEMAND DRIVERS
The Property is positioned near several significant industrial and logistics employers, including operations within the Calumet industrial corridor, the Port of Chicago, and major manufacturing facilities throughout the South Chicago and East Side submarkets.
Downtown Chicago serves as a major economic engine for the region, anchored by globally recognized employers in finance, healthcare, technology, professional services, and government, including companies such as JPMorgan Chase, United Airlines, Northern Trust, CME Group, and AbbVie.
Residents enjoy easy access to the expansive shoreline, beaches, fishing areas, and waterfront trails found at Calumet Park, one of the city's premier South Side recreational destinations. Additional green space is available at Eggers Grove, known for its walking trails and natural habitat, as well as Mann Park and Russell Square Park, which provide athletic fields, playgrounds, and community recreation opportunities.
UTILITIES
The Landlord is responsible for gas heat and gas-powered hot water, as well as municipal water and sewer, which they pay directly. Tenants are responsible for individually metered electricity, which they pay directly.
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.
STRONG RENTAL DEMOGRAPHICS & DEMAND
More than 17,200 people live within 1 mile of the Property with an average household income of $96,290. Over 60,900 people reside within 3 miles of the Property with an average household income of $77,744.
QUALITY OF LIFE AMENITIES
National quick-service and casual dining options can be found along Ewing Avenue, Indianapolis Boulevard, and nearby commercial corridors, including familiar brands such as Burger King, KFC, and McDonald's, providing convenient dining choices for residents.
The neighborhood is also known for its local dining scene, with favorites such as Birrieria Ocotlan and Leon's Barbeque drawing patrons from throughout the Southeast Side for authentic Mexican cuisine and classic Chicago barbecue.
Residents enjoy close proximity to ALDI for affordable grocery shopping, as well as local markets including La Cienega Super Food Inc and La Flor Grocery Store, which provide fresh groceries and specialty food offerings within the neighborhood.
Additional shopping options are available at nearby Walmart Supercenter and regional retail centers in Hammond and Whiting, Indiana, located just minutes from the Property.
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