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    7935 S Essex Ave Chicago, IL 60617

    Picture of Apartment buildings at S Essex Ave 7935, Chicago, IL
    For Sale
    $525,000

    Commercial Sale - Chicago, IL

    Lot size:
    0.84 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 12 at 9:06 pm

    Property Features for 7935 S Essex Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    21311020080000
    Lot size
    0.84 Acres

    Building Details

    Year built
    1922
    Number of units
    6
    Architectural style
    Other

    Manage Chicago, Inc (773) 569-7325 [email protected]

    Listing agent Damaris Santiago (773) 449-5151 License #475207620

    Listing date Oct 29, 2025

    MLS# 12506904 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

    Fully Occupied 6-Unit Building

    This is an investment opportunity to acquire a fully occupied 6-unit property with a 6-car detached garage. The property features an updated HVAC system and roof, both installed in 2020, as well as plumbing that is up to code. This well-maintained building is located in Chicago, IL, and offers a steady rent flow with reliable tenants. The lot size is 0.84 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chicago Migration Station Hostel

    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
    -87.5634476
    Latitude
    41.7507717

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained, cash-flowing 6-unit building with 6-car garage in Chicago.
    Where is this apartment building located?
    The property is located at 7935 S Essex Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Fully Occupied: Immediate, steady rental income from day one; - **6-Car Garage:** Provides tenants with parking and potential for additional income; - Updated Systems: HVAC & Roof (2020) and plumbing up to code minimize near-term capital expenditures
    (773) 449-5151
    Request Owner's contact information
    7935 S Essex Ave Chicago, IL 60617
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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
    7935 S Essex Ave Chicago, IL 60617
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