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    7701 S Eggleston Ave Chicago, IL 60620

    New
    For Sale
    $440,000

    Commercial Sale - Chicago, IL

    Property size:
    6,528 SF
    Lot size:
    0.12 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 7701 S Eggleston Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    APN
    20283200010000
    Size
    6,528 SF
    Lot size
    0.12 Acres

    Building Details

    Year built
    1924
    Number of units
    9
    Architectural style
    Other

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent Ryan Widerberg (888) 574-9405 License #475121545

    Listing date Dec 6, 2025

    MLS# 12510466 Listing URL

    Copyright © 2025 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.

    Overview

    Winneconna Parkway 9-Unit Building

    Located in Chicago's Winneconna Parkway, this all-brick 9-unit building offers both current cash flow and potential for increased income. The property features six 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, totaling 15 bedrooms and 9 bathrooms. All units are currently rented to tenants on month-to-month leases. The units include stoves and refrigerators. Many units feature hardwood floors and separate living and dining rooms. The building has multiple basements and a boiler system under 8 years old. The property is situated in the Auburn Park area, known for its lagoons, bridges, and historic architecture. A new Metra Auburn Park Station is scheduled to open near Winneconna Parkway and 79th Street in 2026. The 79th Street Corridor Plan aims to revitalize the area with new developments. The building has 6528 square feet and is located on a 0.12-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.635249
    Latitude
    41.7542801

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    FAQs

    What type of property is this?
    Apartment building - All-brick 9-unit building in historic Winneconna Parkway, Chicago.
    Where is this apartment building located?
    The property is located at 7701 S Eggleston Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $440,000.
    What are key features of this property?
    This property features: - High Cash Flow: Boasting a 14.4% Cap Rate and 32.5% Cash-on-Cash Return.; - Significant Upside Potential: Opportunity to increase rents $100-$300 per unit per month.; - All-Brick 9-Unit Building: Features six (2 Bed / 1 Bath) and three (1 Bed / 1 Bath) apartments.
    (888) 574-9405
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    7701 S Eggleston Ave Chicago, IL 60620
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    Chicago, IL 60620
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7701 S Eggleston Ave Chicago, IL 60620
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