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Three-Unit Property with Heated Garage
New
For Sale
$495,000

1700 S 7th Avenue, Maywood, IL 60153

Fenced corner-lot property with separate utilities, a heated garage, and office space.

Property SizeContact for details
Days on Market6

Property Features for 1700 S 7th Avenue

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Residential Income

Property Condition

Severity Minor
Evidence NEEDS A LITTLE TLC

Units

Unit Mix 2 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units 3

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $11,733

Amenities

heated garage
office
whole house generator
fenced lot

Building Details

Year Built 1913
Listing Agency: United Real Estate - Chicago
Listed By: Mark Panek
Source: Birdrealtysells
Added: Aug 13 Changed: Aug 14 Last Checked: Aug 17 at 11:06PM

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 United Real Estate - Chicago

Investment Insights

Based on property information with market context.

This three-unit property includes two residences with three bedrooms and two bathrooms each, plus a two-bedroom, one-bath unit. The upper-level owner's residence offers 7 plus rooms, a master suite with fireplace, private full bath, two large walk-in closets, vaulted ceilings, and access to a heated lower-level office. An unfinished basement includes an additional half bath.

The completely fenced corner lot provides a heated garage accommodating 3 plus cars, office space, and additional fenced parking. A whole-house automatic gas generator is tested weekly. Each unit has separate utilities. The property is offered as-is and needs some TLC. The roof is approximately 7 years old, and the furnace is 6 months old. Located at 1700 S 7th Avenue in Maywood, Illinois.

Key Highlights

  • Three‑unit layout: two 3‑bedroom, 2‑bath units and one 2‑bedroom, 1‑bath unit
  • Heated 3 plus car garage with office space
  • Completely fenced corner lot with additional fenced parking area

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Furniture & Home Goods

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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

942
Businesses Nearby

Demographics for 60153, IL

23,512
Population
8,385
Households
2.8
Avg Household Size
36
Median Age
17%
College-Educated
79%
High-School Grad
2.8 sq mi
ZIP Area
8,397
Density / Sq Mi
$66,498
Median Household Income
$40,734
Median Earnings
$1,203
Median Rent
$212,600
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?
Triplex - Fenced corner-lot property with separate utilities, a heated garage, and office space.
Where is this triplex located?
The property is located at 1700 S 7th Avenue Maywood, IL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Three‑unit layout: two 3‑bedroom, 2‑bath units and one 2‑bedroom, 1‑bath unit; Heated 3 plus car garage with office space; Completely fenced corner lot with additional fenced parking area
More about this property
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