7924 S Peoria Street, Chicago, IL
  • $485,000

Description

Welcome to 7924 S Peoria St, a fantastic 3 unit building situated in a vibrant neighborhood just minutes from downtown Chicago and public transportation. This well maintained property is perfect for both homeowners and savvy investors looking to capitalize on the thriving rental market. Unit 1 is currently vacant, offering a blank canvas for new owners or tenants to personalize their space. This unit features beautiful hardwood floors throughout and stainless steel kitchen appliances, enhancing the warm and inviting atmosphere. Unit 2 is Occupied by a reliable tenant with a lease that extends until July 2026, providing steady rental income. This unit also has hardwood floors and stainless steel kitchen appliances. What makes this unit unique is that it has a den area that’s perfect for an office space, along with access to a walk-out balcony, ideal for relaxing with a morning cup of coffee or enjoying evening sunsets. The basement Unit is occupied by a tenant on a month-to-month lease, allowing for flexibility if you choose to move in or make adjustments to the rental strategy. Each unit is equipped with its own washer and dryer, adding convenience for tenants while keeping utility expenses manageable-tenants are responsible for their own gas and electric bills. Outside, the spacious backyard offers plenty of room for small gatherings and enjoyment, allowing tenants a great outdoor space to unwind. The property’s 3 car garage provides each tenant with a designated parking spot, ensuring comfort and convenience. This property is an exceptional investment opportunity with strong rental potential on well desired block. Don’t miss your chance to own a piece of Chicago real estate that combines practicality with desirable features!

  • Listing Courtesy of: Coldwell Banker Realty

Details

Updated on June 5, 2026 at 4:04 am
  • Property ID MRD12666495
  • Price $485,000
  • Land Area 0.09 Acres
  • Bedrooms 7
  • Garages 3
  • Year Built 1910
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 3
  • Parcel Number 20322050190000
  • Water Source Public
  • Sewer Public Sewer
  • Architectural Style Cape Cod
  • MLS Status New
  • Living Area 0.09
  • Cumulative Days On Market 1
  • Tax Annual Amount 7232.66
  • Heating Natural Gas,Sep Heating Systems - 2+
  • Parking Features Garage Door Opener,Yes,Garage Owned,Detached,Garage
  • Directions 79th Street to Peoria, south to address
  • Exterior Features Balcony,Hot Tub
  • Zoning MULTI
  • Address 7924 S Peoria Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60620
  • Country United States

Overview

Property ID: MRD12666495
  • Multi Family
  • Property Type
  • 7
  • Bedrooms
  • 3
  • Garages
  • 1910
  • Year Built

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