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Updated Two-Unit Greystone
For Sale
Contact for pricing
Pending

7341 S Emerald Ave, Chicago, IL 60621

Greystone 2-flat with two 3-bed, 1-bath units; recent updates include a 2022 roof, chimney rebuild, and tuckpointed parapet.

Property SizeContact for details
Days on Market141

Property Features for 7341 S Emerald Ave

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 50%

Additional Details

Multifamily Units 2

Building Details

Tenancy Multi
Listing Agency: The Mattz Mega Group
Listed By: James Mattz · License #IL 475095060
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 28 at 1:22PM

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 The Mattz Mega Group

Investment Insights

Based on property information with market context.

This updated two-unit greystone offers two residential units configured as 3 bedrooms and 1 bathroom each. Hardwood floors run throughout both units, supporting a clean, easy-to-maintain interior finish. Recent exterior and structural updates include a brand-new roof installed in 2022, a rebuilt chimney, and a tuckpointed parapet wall.

The second-floor unit is currently vacant, while the other unit is occupied, providing immediate rental income potential while also offering flexibility for an owner-occupant or new tenant.

Both units share the same overall bedroom and bathroom layout, making this property straightforward from an ownership and leasing standpoint.

Key Highlights

  • Greystone 2‑flat with two units, each featuring 3 beds and 1 bath
  • Brand new roof installed in 2022
  • Rebuilt chimney

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Skin Care Clinic (Bike/Boat/Book/etc) Store

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

2
Residential units
50%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

749
Businesses Nearby

Demographics for 60621, IL

29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Greystone 2-flat with two 3-bed, 1-bath units; recent updates include a 2022 roof, chimney rebuild, and tuckpointed parapet.
Where is this duplex located?
The property is located at 7341 S Emerald Ave Chicago, IL.
What are key features of this property?
This property features: Greystone 2‑flat with two units, each featuring 3 beds and 1 bath; Brand new roof installed in 2022; Rebuilt chimney
(708) 473-7508 Call to check price and availability
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