Address
7707 S Peoria Street, Chicago, IL
Price
$ 275,000
Property Attributes
- MLS#12683415
- TypeMulti-Family
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - Auburn Gresham
- NeighborhoodAuburn Gresham
- Zip60620
- Style
- Year Built1906
- Taxes$ 3616
- Price$ 275,000
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Exceptional investment opportunity in Chicago's Auburn Gresham neighborhood! This well-maintained brick two-unit building offers strong cash-flow potential with two long-term tenants currently in place on month-to-month leases, providing flexibility for investors and owner-occupants alike. The first-floor unit includes direct access to the basement, offering potential for a duplex-down conversion. Each spacious unit features generous room sizes, hardwood flooring, separate living and dining areas, updated kitchens and bathrooms, and abundant natural light throughout. The property has been well cared for over the years and is in overall great condition, allowing a new owner to step in with confidence. Additional highlights include a full basement offering ample storage and future potential, a large backyard, and rear parking. The classic Chicago brick exterior adds timeless curb appeal, while the oversized layout provides comfortable living spaces rarely found at this price point. Whether you're looking to expand your investment portfolio, generate immediate rental income, or occupy one unit while collecting rent from the other, this Auburn Gresham gem presents a fantastic opportunity. Conveniently located near public transportation, schools, parks, shopping, and major thoroughfares. Don't miss your chance to own a solid, income-producing property with stable tenancy and long-term upside potential.
| Price History | |
|---|---|
| 6/21/2026 | Listed $299,999 |
| 7/18/2026 | 9$275,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Radiator(s) |
| Possession | Negotiable,Tenant's Rights |
| Roof | Flat |
| Zoning | MULTI |
| Construction Materials | Brick |
| Year Built | 1906 |
| Township | Lake |
| Tax Year | 2024 |
| Ownership | Fee Simple |
| County | Cook |
| New Construction | No |
| Property Type | Residential Income |
| Total Rooms | 13 |
| Status | Active |
| Directions | North or South on Halsted,East on 77th,South on Peoria to address. |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - Auburn Gresham |
| Tax Annual Amount | 3616.51 |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Unfinished,Full |
|---|---|
| Total Bedrooms | 5 |
| Total Baths | 2 |
| Bedrooms Possible | 5 |
| Full Baths Building | 2 |
| Total Number of Units | 2 |
Exterior Features
| Parking Features | Off Alley,Off Street,Yes |
|---|---|
| Water Source | Lake Michigan |
| Total Parking | 2 |
| Foundation Details | Concrete Perimeter |
| Lot Dimensions | 3217 |
| Waterfront Y/N | No |
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
Taxes
Year Built
Visits
