311 West Illinois Street

Property feature image
Address: 311 W Illinois St, Chicago, IL 60654, USA
Chicago & Midwest + Apartment Buildings
Created date: May 21, 2026
Date last updated: May 21, 2026

Property Description

311 West Illinois Street presents a compelling multifamily investment opportunity with a meticulously maintained structure and timeless architectural presence. This property offers a mix of thoughtfully designed residences with generous floor plans, premium finishes, and ample natural light in each unit. A professionally managed asset, the building features reliable systems, updated mechanicals, and well-appointed common areas that enhance resident comfort and drive sustained occupancy. Investors will appreciate the scalable income potential, solid operating history, and an ownership-ready condition that supports efficient capital deployment. With enduring appeal and a proven record of performance, this asset is well-positioned to deliver steady cash flow and long-term appreciation.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
No. of Units: 245
Opportunity Zone: No
Property Website Click Here
Address: 311 West Illinois Street, Chicago, IL 60654, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

15852-15856 S 51st Place

Terre Haute, Indiana
Chicago & Midwest + Apartment Buildings
Price: $19,900

2313 Polk Street NE

Minneapolis, Minnesota
Chicago & Midwest + Apartment Buildings
Price: $389,900

5024 N 6th Street

Minneapolis, Minnesota
Chicago & Midwest + Apartment Buildings
Price: $274,900

Brokers

View All

Lenders

View All