Six-Unit Apartment
For Sale
Contact for pricing
Pending
7700 South Peoria Street, Chicago, IL 60620
Multifamily property with renovated interiors, updated building systems, on-site laundry, and convenient rail access.
Property SizeContact for details
Days on Market142
Property Features for 7700 South Peoria Street
General Information
Standard status
Pending
Property subtype
Multifamily
Units
Unit Mix
6 x 2BR/1BA
Multifamily Units
6
Additional Details
Public Transit
Yes
Amenities
on-site laundry
Building Details
Buildings
1
Listing Agency:
Kiser Group
Listed By:
John George · License #IL
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 9:43PM
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 contains six two-bedroom, one-bath apartments. Interior improvements include refreshed kitchens and bathrooms, while building upgrades include a Peerless boiler and replacement porches completed in 2019. A new hot water heater was installed in 2021, and on-site laundry machines provide an additional income source.
The property is located at 7700 South Peoria Street in Chicago’s Auburn Gresham neighborhood, directly opposite Oglesby Elementary School. The 77th/Halsted Metra station is three blocks away, providing rail access toward downtown Chicago. The reported cap rate is over 12%, with a stated cash return of 26.66%.
The property is located at 7700 South Peoria Street in Chicago’s Auburn Gresham neighborhood, directly opposite Oglesby Elementary School. The 77th/Halsted Metra station is three blocks away, providing rail access toward downtown Chicago. The reported cap rate is over 12%, with a stated cash return of 26.66%.
Key Highlights
- Six 2Bd/1Ba apartment units
- Updated kitchens and bathrooms throughout the apartments
- Peerless boiler and new porches completed in 2019
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
811
Businesses Nearby
Explore this area
Business Placement
Demographics for 60620, IL
66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with renovated interiors, updated building systems, on-site laundry, and convenient rail access.
Where is this apartment building located?
The property is located at 7700 South Peoria Street Chicago, IL.
What are key features of this property?
This property features: Six 2Bd/1Ba apartment units; Updated kitchens and bathrooms throughout the apartments; Peerless boiler and new porches completed in 2019
