24-Unit Apartment
For Sale
$150,000
7156 S Vincennes Avenue, Chicago, IL 60621
MULTI_FAMILY - Chicago, IL
Property SizeContact for details
Days on Market243
Property Features for 7156 S Vincennes Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
12
Bathrooms
24
Full bathrooms
24
Rooms
Bedroom 7, Bathroom 2, Bathroom 14, Bathroom 17, Bedroom 4, Bathroom 11, Bathroom 15, Bathroom 9, Bedroom 6, Bathroom 23, Bathroom 7, Bathroom 18, Bedroom 3, Bedroom 12, Bathroom 21, Bathroom 16, Bedroom 8, Bedroom 10, Bathroom 3, Bathroom 19, Bathroom 22, Bedroom 2, Bathroom 12, Bathroom 5, Bathroom 20, Bedroom 1, Bathroom 24, Bedroom 9, Bedroom 11, Bathroom 4, Bathroom 1, Bathroom 13, Bedroom 5, Bathroom 10, Bathroom 6, Bathroom 8
Directions
South of 71st St and Vincennes Ave
Subdivision
CHI - Greater Grand Crossing
Standard status
Active
APN
20282040270000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
20553
Building Details
Year built
1896
Floors in Building
3
Number of units
24
Listing Agency:
Chicago Real Estate Resources
(773) 327-9300
Listed By:
Finley Askin · License #471021038
(773) 327-9300
Added: Dec 10, 2025
Changed: Aug 9
Last Checked: Aug 10 at 8:06AM
MLS# 12530968
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 24-unit apartment building at 7156 S Vincennes Avenue in Chicago is currently vacant and in need of a complete gut rehab. The unit mix includes 12 one-bedroom, one-bath units and 12 studio units, creating a straightforward residential configuration for a redevelopment or repositioning plan.
The property is located in Chicago’s south side neighborhood of Greater Grand Crossing and is situated in a qualified opportunity zone. With a building year of 1896, the asset is best suited for buyers or developers prepared to address full interior rehabilitation needs.
All units are included as part of the 24-unit multifamily package, with the overall layout and program centered on studio and one-bedroom living spaces.
The property is located in Chicago’s south side neighborhood of Greater Grand Crossing and is situated in a qualified opportunity zone. With a building year of 1896, the asset is best suited for buyers or developers prepared to address full interior rehabilitation needs.
All units are included as part of the 24-unit multifamily package, with the overall layout and program centered on studio and one-bedroom living spaces.
Key Highlights
- 24‑unit apartment building in Greater Grand Crossing, currently vacant
- Unit mix: 12 studio units and 12 one‑bedroom, one‑bath units
- Requires a complete gut rehab
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
855
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Vacant building with 12 studio units and 12 one-bedroom units, requiring complete gut rehab.
Where is this apartment building located?
The property is located at 7156 S Vincennes Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 24‑unit apartment building in Greater Grand Crossing, currently vacant; Unit mix: 12 studio units and 12 one‑bedroom, one‑bath units; Requires a complete gut rehab
