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    7919 S Essex Ave Chicago, IL 60617

    Picture of Apartment buildings at S Essex Ave 7919, Chicago, IL
    For Sale
    $190,000

    Commercial Sale - Chicago, IL

    Days on Market:
    47
    Last Refresh:
    Dec 12 at 10:06 am

    Property Features for 7919 S Essex Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    APN
    21311020050000

    Building Details

    Year built
    1900
    Number of units
    6
    Architectural style
    Other

    Kale Realty (312) 939-5253 [email protected]

    Listing agent Keith Martin (312) 939-5253 License #475147275

    Listing date Oct 27, 2025

    MLS# 12502792 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

    South Shore Rehab Opportunity

    This is a six-unit brick building located in Chicago's South Shore neighborhood, presenting an excellent rehabilitation opportunity for an experienced developer. The city-approved and transferable plans include two duplexed first-floor units, each with four bedrooms and two bathrooms, along with four additional three-bedroom units. The property benefits from its location, which provides convenient access to shops, parks, and public transportation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -87.5633482
    Latitude
    41.7495775

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    FAQs

    What type of property is this?
    Apartment building - Six-unit brick building in Chicago's South Shore neighborhood.
    Where is this apartment building located?
    The property is located at 7919 S Essex Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: - City approved and transferrable plans for a 6-unit building.; - Rehab project opportunity in Chicago's South Shore.; - Includes plans for two duplexed first-floor 4-bedroom, 2-bath units.
    (312) 939-5253
    Request Owner's contact information
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    Chicago, IL 60617
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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
    7919 S Essex Ave Chicago, IL 60617
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