One of few remaining prime real estate opportunities in close proximity to Chicago downtown and across of the street from Douglas Park, with all amenities and transportation options steps away in a rapidly appreciating area. 1607 & 1609 Sawyer are timeless Greystones that feature a total of (18) bedrooms, (6) baths combinate with over 1500+ sq ft of living space or storage. Please note the price is only for 1607. New owner of 1607 S. Sawyer has option to purchase adjusted double lot on 16th street at FMV (confirm with City of Chicago) for additional opportunities. Both buildings are fully tenants occupied with rents currently below market value but can be adjusted after light cosmetic rehab at buyer’s discretion. Each unit contains their own dedicated HVAC, water heather and electrical panels condo style. Buildings are priced on recent sold/contingent comps in the area. Buyer would need to purchase property subject to existing tenants. Seller will entertain offers for each building individually but would prefer both buildings be sold as a package deal potential further savings to buyer and a quick closing is preferred.
Property Details
Price:
$355,000
MLS #:
MRD12617108
Status:
Active Under Contract
Beds:
9
Baths:
3
Type:
Multi Family
Neighborhood:
chinorthlawndale
Listed Date:
Jul 5, 2026
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air, Sep Heating Systems – 2+, Indv Controls
Exterior
Construction Materials
Brick
Roof
Rubber
Financial
Tax Year
2023
Taxes
$1,905
Map
Community
- Address1607 S Sawyer Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60623
Market Summary
Current real estate data for Multi Family in Chicago as of Oct 05, 2026
1,372
Multi Family Listed
77
Avg DOM
$530,770
Avg List Price
Property Summary
- 1607 S Sawyer Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60623. It is listed for $355,000
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Copyright 2026. All rights reserved.
1607 S Sawyer Avenue
Chicago, IL


