7707 S Peoria Street, Chicago, IL 60620
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.
- Listing Courtesy of: Avenue Properties Chicago
Details
Updated on June 25, 2026 at 5:54 am-
Property ID MRD12683415
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Price $299,999
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Bedrooms 5
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Year Built 1906
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Property Type Multi Family
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Property Status Active
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Parking Total 2
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Parcel Number 20294220030000
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Water Source Lake Michigan
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Sewer Public Sewer
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MLS Status New
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Cumulative Days On Market 1
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Tax Annual Amount 3616.51
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Heating Radiator(s)
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Parking Features Off Alley,Off Street,Yes
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Directions North or South on Halsted, East on 77th, South on Peoria to address.
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Zoning MULTI
Address
Open on Google Maps- Address 7707 S Peoria Street
- City Chicago
- State/county IL
- Zip/Postal Code 60620
- Country United States
Overview
- Multi Family
- 5
- 1906
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