7924 S Peoria Street, Chicago, IL, 60620

$485,000

7

Beds

0.09

Acres

About 7924 S Peoria Street

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!

Additional Information: This property is located in the CHI - Auburn Gresham neighborhood, IL. This 7 bedrooms two to four units property is priced at $485,000.

Facts & Features

MLS® # 12666495
Price $485,000
Bedrooms 7
Bathrooms 0.00
Taxes $7,503
Acres 0.09
Year Built 1910
Type Residential Income
Sub-Type Two to Four Units
Style Cape Cod
Status Contingent

Community Information

Address 7924 S Peoria Street
Area CHI - Auburn Gresham
City Chicago
County Cook
State IL
Zip Code 60620

Amenities

Parking Spaces 3
Parking Garage Door Opener, Yes, Garage Owned, Detached, Garage
# of Garages 3
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Sep Heating Systems - 2+
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Brick
Exterior Features Balcony, Hot Tub

School Information

District 299

Additional Information

Days on Market 95
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $7,503

Listing Details

OfficeColdwell Banker Realty

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?