24-Unit Apartment
For Sale
$100,000
7156 S Vincennes Avenue, Chicago, IL 60621
Commercial Sale, Chicago, IL
Property SizeContact for details
Days on Market290
Property Features for 7156 S Vincennes Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
12
Bathrooms
24
Full bathrooms
24
Rooms
Bathroom 8, Bathroom 19, Bathroom 5, Bathroom 7, Bedroom 7, Bathroom 2, Bathroom 15, Bathroom 11, Bedroom 9, Bathroom 22, Bedroom 3, Bathroom 21, Bathroom 23, Bathroom 9, Bathroom 3, Bedroom 6, Bathroom 14, Bathroom 10, Bedroom 5, Bedroom 12, Bathroom 1, Bathroom 6, Bathroom 4, Bathroom 16, Bedroom 4, Bathroom 24, Bedroom 2, Bedroom 1, Bathroom 18, Bathroom 12, Bathroom 13, Bedroom 10, Bathroom 20, Bedroom 11, Bedroom 8, Bathroom 17
Directions
South of 71st St and Vincennes Ave
Subdivision
CHI - Greater Grand Crossing
Standard status
Active
APN
20282040270000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
20553
Building Details
Year built
1896
Floors in Building
3
Number of units
24
Listing Agency:
Chicago Real Estate Resources
(773) 327-9300
Listed By:
Finley Askin · License #471021038
(773) 446-7634
Added: Dec 10, 2025
Changed: Sep 24
Last Checked: Sep 26 at 9:06AM
MLS# 12530968
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1896, this 24-unit apartment property is configured with 12 one-bedroom, one-bath residences and 12 studio units. The building is vacant and requires a complete gut rehabilitation, offering a substantial renovation scope for a multifamily redevelopment project.
The property is located at 7156 S Vincennes Avenue in Chicago’s Greater Grand Crossing neighborhood. It is within a qualified opportunity zone, adding a specific designation to the property’s redevelopment profile. The unit mix provides a combination of studio and one-bedroom layouts within a single apartment building.
The property is located at 7156 S Vincennes Avenue in Chicago’s Greater Grand Crossing neighborhood. It is within a qualified opportunity zone, adding a specific designation to the property’s redevelopment profile. The unit mix provides a combination of studio and one-bedroom layouts within a single apartment building.
Key Highlights
- 24‑unit apartment building with 12 one‑bedroom units and 12 studios
- Vacant property requiring complete gut rehabilitation
- Built in 1896
Property Analytics
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Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
800
Businesses Nearby
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Business Placement
Demographics for 60621, IL
29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Vacant structure requiring complete gut rehabilitation in Chicago’s Greater Grand Crossing neighborhood.
Where is this apartment building located?
The property is located at 7156 S Vincennes Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: 24‑unit apartment building with 12 one‑bedroom units and 12 studios; Vacant property requiring complete gut rehabilitation; Built in 1896
