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Englewood Multifamily Investment Opportunity

7152 South Emerald Avenue, Chicago, IL 60621

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For Sale

$750,000

Fully rented, cash flowing 6-unit apartment building in Englewood.

Type:Multi Family 5+ / Corridor-Interior Entrance

Property size:

7,548 SF

Price / SF:

$99/SF

HighLights

Fully rented and cash flowing property operating at a 10+ CAP rate.
Extensive rehab with new kitchens, updated bathrooms, updated roof, refinished hardwood flooring, new lights, and new laundry room.
Excellent unit mix: 3 x 2 bedrooms and 3 x 3 bedrooms.
Tenant paid utilities resulting in very low operating costs for the owner.
Updated major mechanicals including plumbing, individual furnaces and hot water tanks, newer electrical panels and wiring.
Large corner building with excellent curb appeal and tenant parking.

We can help!

Listing Contact

Anthony Golob

Learn more

For Sale

$750,000

Fully rented, cash flowing 6-unit apartment building in Englewood.

Type:Multi Family 5+ / Corridor-Interior Entrance

Property size:

7,548 SF

Price / SF:

$99/SF

Added:: Mar 19, 2026
Days on Market:: 84
Last Refresh:: Mar 20 at 8:36 pm

Property Features for 7152 South Emerald Avenue

General Information

Standard status: Active
Size: 7,548 SF
Property subtype: Multi Family 5+ / Corridor-Interior Entrance

Building Details

Year Built: 1883

We can help!

Listing Contact

Anthony Golob

Listing agent Anthony Golob License #471015175

Listing office Halsted Taylor Real Estate

Listing date Mar 19, 2026

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HighLights

Fully rented and cash flowing property operating at a 10+ CAP rate.
Extensive rehab with new kitchens, updated bathrooms, updated roof, refinished hardwood flooring, new lights, and new laundry room.
Excellent unit mix: 3 x 2 bedrooms and 3 x 3 bedrooms.
Tenant paid utilities resulting in very low operating costs for the owner.
Updated major mechanicals including plumbing, individual furnaces and hot water tanks, newer electrical panels and wiring.
Large corner building with excellent curb appeal and tenant parking.

Overview

This is a 6-unit apartment building located in Englewood. The property is fully rented and cash flowing, currently operating at a 10 + CAP rate. The building underwent an extensive rehab with numerous updates including new kitchens, updated bathrooms, updated roof, refinished hardwood flooring, new lights, and a new laundry room. The unit mix is composed of 3 two-bedroom units and 3 three-bedroom units. All major mechanicals are updated, including plumbing, individual furnaces and hot water tanks, newer electrical panels and wiring. The tenant-paid utility setup allows for low operating costs for the owner. The building is a large corner building with curb appeal. There is an updated common hallway as well as a large area in the back for tenant parking. The property size is 7548 square feet. This is a stable and cash flowing investment opportunity.

Location Intelligence

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Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.6434229
Latitude: 41.7635649

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For sale
Apartment buildings
IL
Chicago
60621
7152 South Emerald Avenue

What type of property is this?

Apartment building - Fully rented, cash flowing 6-unit apartment building in Englewood.

Where is this apartment building located?

The property is located at 7152 South Emerald Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Fully rented and cash flowing property operating at a 10+ CAP rate.; Extensive rehab with **new kitchens, updated bathrooms, updated roof, refinished hardwood flooring, new lights, and new laundry room.**; Excellent unit mix: 3 x 2 bedrooms and 3 x 3 bedrooms.