Search
Courtyard Apartment Building
For Sale
$3,050,000

7115 S East End Ave, Chicago, IL 60649

Fully gut-renovated one- and two-bedroom units in a courtyard apartment building.

Days on Market59

Property Features for 7115 S East End Ave

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix Nineteen (19) 2Bd/1Ba, Twelve 1Bd/1Ba Units
Multifamily Units 31

Additional Details

Cap Rate 9%

Amenities

courtyard

Building Details

Building Size 26,274 SF
Year Built 1925
Listing Agency:
Listed By: Noah Birk · License #ILLINOIS #475125864
Source: Kisergroup
Added: Jun 2 Changed: Jul 30 Last Checked: Jul 30 at 6:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Noah Birk

Investment Insights

Based on property information with market context.

This courtyard apartment building offers 31 units, with 19 two-bedroom 1-bath homes and 12 one-bedroom 1-bath homes. All units are described as completely gut renovated, with modern kitchens and baths featuring granite countertops and stainless steel appliances. The property was built in 1925.

The transaction is for sale, and the available financing structure includes an assumable debt component with a stated 3.85% interest rate. The loan balance is noted as assumable, with maturity on 1/1/2032. The offering remarks also reference a 9% cap rate.

Overall, the building presents a courtyard layout with a unit mix spanning one- and two-bedroom floorplans, supported by renovation upgrades to kitchen and bath finishes and appliances.

Key Highlights

  • 31‑unit courtyard apartment building
  • 19 two‑bedroom 1‑bath units and 12 one‑bedroom 1‑bath units
  • Completely gut renovated with modern kitchens and baths

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Dental Office Kitchen & Bath Showroom Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

31
Residential units

Location Intelligence

Trade Area within ½ mile

1,337
Businesses Nearby

Demographics for 60649, IL

48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Fully gut-renovated one- and two-bedroom units in a courtyard apartment building.
Where is this apartment building located?
The property is located at 7115 S East End Ave Chicago, IL.
What is the asking price?
The asking price for this property is $3,050,000.
What are key features of this property?
This property features: 31‑unit courtyard apartment building; 19 two‑bedroom 1‑bath units and 12 one‑bedroom 1‑bath units; Completely gut renovated with modern kitchens and baths
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message