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Renovated 5-Unit Apartment Building
For Sale
$819,900

6915 S Peoria Street, Chicago, IL 60621

Updated mechanical systems, appliances, water heating, and roofing support the renovated property.

Property SizeContact for details
Days on Market69

Property Features for 6915 S Peoria Street

General Information

Standard status Active
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 2 x 3/2, 2 x 4/2, 1 x 5/2
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $6,000

Building Details

Year Built 1920
Buildings 1
Listing Agency: Chicago Real Estate Authority
Listed By: Scott Siegel · License #471011328
Source: Dawnmckennagroup
Added: Jun 3 Changed: Aug 3 Last Checked: Aug 9 at 11:23AM

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 Chicago Real Estate Authority

Investment Insights

Based on property information with market context.

This 5-unit apartment building at 6915 S. Peoria Street has undergone a full renovation spanning 2025 and 2026. Improvements include five new GFA/AC systems, two tankless hot water heaters, new appliances, and a new roof. The unit mix consists of two 3/2 apartments, two 4/2 apartments, and one 5/2 apartment.

The property is in Chicago’s Englewood neighborhood, with Aldi approximately 3 minutes away and Whole Foods approximately 4 minutes away. The CTA Halsted Green Line stop is approximately 2 minutes from the building, while the Eisenhower Expressway is approximately a 4-minute drive. The projected cap rate is in excess of 13 pct.

Key Highlights

  • 5‑unit apartment building with a full renovation spanning 2025 and 2026
  • Unit mix includes 2 x 3/2s, 2 x 4/2s, and 1 x 5/2
  • Five new GFA/AC systems installed

Property Analytics

Current Use

The Wolf Team Music Venue

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Building Supply

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

5
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

707
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated mechanical systems, appliances, water heating, and roofing support the renovated property.
Where is this apartment building located?
The property is located at 6915 S Peoria Street Chicago, IL.
What is the asking price?
The asking price for this property is $819,900.
What are key features of this property?
This property features: 5‑unit apartment building with a full renovation spanning 2025 and 2026; Unit mix includes 2 x 3/2s, 2 x 4/2s, and 1 x 5/2; Five new GFA/AC systems installed
More about this property
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