Search
Rehabbed 8-Unit Walk-Up Building
For Sale
Contact for pricing

7014 S Merrill, Chicago, IL 60649

Recently rehabbed walk-up building with eight three-bedroom, two-bath units and secured tenant parking.

Property SizeContact for details
Days on Market123

Property Features for 7014 S Merrill

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: 33 Realty LLC
Listed By: Conor McMullen · License #IL 475.167587
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 12:10PM

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 33 Realty LLC

Investment Insights

Based on property information with market context.

This recently rehabbed center-entrance, walk-up apartment building contains eight units. Each unit is described as a three-bedroom, two-bath configuration with approximately 1,800 square feet. The property’s improvements are noted from a full renovation in 2016/17, including new copper plumbing, new electrical wiring throughout, a new roof, washer and dryer hookups, updated kitchens and baths, refurbished hardwood floors, and redone common areas. Porches and secured parking for tenants are also included.

The building is located at 7014 S Merrill in Chicago’s South Shore neighborhood. Unit access is via a central entrance, consistent with the walk-up design.

The renovation scope also includes new drywall, new electrical and plumbing fixtures, and updated kitchen and bath components throughout the building’s interior.

Key Highlights

  • Recently rehabbed center‑entrance 8‑unit walk‑up building in Chicago’s South Shore neighborhood
  • Eight (8) units, each with 3 bedrooms and 2 bathrooms, with units measuring approximately 1,800 SF
  • Full rehab completed in 2016/17: all new copper plumbing and all new electrical wiring throughout

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply Dental Office Computer & Electronic Repair HVAC Service Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

1,158
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 - Recently rehabbed walk-up building with eight three-bedroom, two-bath units and secured tenant parking.
Where is this apartment building located?
The property is located at 7014 S Merrill Chicago, IL.
What are key features of this property?
This property features: Recently rehabbed center‑entrance 8‑unit walk‑up building in Chicago’s South Shore neighborhood; Eight (8) units, each with 3 bedrooms and 2 bathrooms, with units measuring approximately 1,800 SF; Full rehab completed in 2016/17: all new copper plumbing and all new electrical wiring throughout
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