6-Unit Brick Multifamily Building

460 West 28th Place, Chicago, IL 60616

Property Information

  • For Sale $1,299,000
  • Property Type Multi-Family
  • Property Size 3,960 SF
  • Units 6
  • Lot Size 0.07 Acre
  • Parking Spaces Avail. 2
  • Property Tenancy Multi-Tenant
  • Year Built 1899
  • Year Renovated 2019
  • Date Updated May 15, 2026

Description

460 W 28th Place is strategically located in Chicago’s established Bridgeport neighborhood, offering strong regional connectivity and convenient access to major transportation infrastructure. The property is just minutes from the Stevenson Expressway (I-55) and Interstate 90/94 (Dan Ryan Expressway), providing seamless north-south and east-west travel throughout the Chicago MSA. Public transportation is a key asset, with proximity to the CTA Red Line at Sox-35th Station and the CTA Orange Line, both offering direct access to downtown Chicago, the Loop, and Midway Airport. Multiple CTA bus routes along Halsted Street and 31st Street further enhance transit accessibility for residents and employees. The property also benefits from its proximity to Guaranteed Rate Field, home of the Chicago White Sox, which anchors the area and drives consistent foot traffic and neighborhood vitality. Bridgeport continues to see steady reinvestment and demand driven by its mix of residential character and commercial amenities. Nearby retail corridors along Halsted Street and 35th Street provide restaurants, cafes, grocery options, and neighborhood services. The area is also supported by strong educational institutions, including neighborhood public and private schools, reinforcing long-term residential stability and appeal. This combination of transportation infrastructure, entertainment anchors, retail density, and community amenities positions 460 W 28th Pl. as a well-located asset within one of Chicago’s most resilient South Side neighborhoods.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.

Highlights

  • Brick Building
  • Easy access to Expressways
  • Garage Parking
  • HVAC in All Units
  • Modern Updates
  • On-site Laundry
  • Short Walk to CTA Orange & Red Lines

Contacts

Paul Cawthon

SVN | Chicago Commercial

Location

Located at 460 West 28th Place, Chicago, IL 60616, this property is part of the Bridgeport neighborhood and Chicago market.

Contact Listing Broker
Paul Cawthon

SVN | Chicago Commercial

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