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Six-Unit Multifamily Investment

7924 S Rhodes Ave Chicago, IL 60619

7924 S Rhodes Ave, Chicago, IL, 60619
$525,000
For Sale
$525,000

Six well-maintained apartments include three 2-bed units and three 1-bed units with hardwood flooring throughout.

Days on Market10

Property Features for 7924 S Rhodes Ave

General Information

Standard status
Active
Property subtype
Multi-Family

Building Details

Year Built
1925
Listing agency Kiser Group
Listed by Noah Birk · License #475125864
Source Commercialcafe
Added: Jul 13 Updated: Jul 20 at 5:02PM Checked: Jul 22 at 2:09AM

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 Kiser Group


Investment Insights

Based on property information with market context.

This six-unit multifamily property offers a straightforward unit mix of three 2-bedroom/1-bath apartments and three 1-bedroom/1-bath apartments. Interiors are described as well-maintained and feature hardwood flooring throughout, supporting durable, low-maintenance finishes.

The listing is for 7924 S. Rhodes Avenue in Chicago’s Chatham neighborhood. The remarks indicate efficient layouts and finishes designed to support tenant demand and stable occupancy.

The offering is presented as an income-focused investment, with current capitalization and cash-on-cash metrics provided in the seller’s materials, along with projected pro forma returns based on rent optimization and operational efficiencies.

Key Highlights

  • 6‑unit multifamily building built in 1925
  • Unit mix includes three 2 bed / 1 bath apartments and three 1 bed / 1 bath apartments
  • Hardwood flooring throughout the apartments

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Kitchen & Bath Showroom Law Firm (Bike/Boat/Book/etc) Store Gym & Fitness Center Skin Care Clinic Plumbing Service Acupuncture Locksmith Nursing Home Tech Support Center

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

FAQs

What type of property is this?
Apartment building - Six well-maintained apartments include three 2-bed units and three 1-bed units with hardwood flooring throughout.
Where is this apartment building located?
The property is located at 7924 S Rhodes 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: 6‑unit multifamily building built in 1925; Unit mix includes three 2 bed / 1 bath apartments and three 1 bed / 1 bath apartments; Hardwood flooring throughout the apartments
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