Price Reduction
Address
7721 S Peoria Street, Chicago, IL
Price
$ 630,000
Property Attributes
  • MLS#12682616
  • TypeMulti-Family
  • Listing Status Active
  • CountyCOOK
  • CityChicago
  • AreaCHI - Auburn Gresham
  • NeighborhoodAuburn Gresham
  • Zip60620
  • Style
  • Year Built1895
  • Taxes$ 6027
  • Price$ 630,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Calling All Investors!!! This fully occupied, 6 unit building in Chatham offers six 2-bed/1-bath units with two parking spots in the rear. Renovated in 2024, these cozy units include stainless steel appliances, forced heat, renovated kitchens and bathrooms. Large rear deck was rebuilt in 2024 and adds outdoor space to each unit. This building has four occupied units with stable tenants, providing immediate cash-flow and value to your portfolio. Two units just became vacant. The unfinished basement could be used to add a laundry room or to build two additional units for additional income. Professionally managed over the last year, this building is well maintained, making it an ideal for the seasoned investor or the first time landlord. Showing will be of one unit, the basement and the exterior of the property. All units are similar in layout and finishes. Additional units can be seen during the inspection process.

Price History
6/26/2026 Listed $750,000
7/31/2026 10$675,000
9/8/2026 7$630,000

General Features

Cooling None
Year Built 1895
Stories Count 3
Tax Year 2024
Gross Income 105600
County Cook
Insurance Expense 15000
Property Type Commercial Sale
Status Active
Directions Peoria Street,just south of 77th Street.
City Chicago
Number Of Units Total 6
MLS Area CHI - Auburn Gresham
Tax Annual Amount 6027.22
Electric Expense 840
Fuel Expense 2100
Trash Expense 2160
Water Sewer Expense 3000
Additional Parcels Y/N No
Standard Status Active
Property Type Multi Family 5+

Interior Features

Basement Unfinished

Exterior Features

Lot Dimensions 40' x 125'

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60620

Price
AVG $430K
$630K
Taxes
AVG $5,861
$6,027
Year Built
AVG 1929
1895
Visits
AVG 202
281
Data Provided by Inside Real Estate®

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