Triplex with Updated
For Sale
$400,000
7227 S Michigan Avenue, Chicago, IL 60619
MULTI_FAMILY - Chicago, IL
Days on Market136
Property Features for 7227 S Michigan Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Basement, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 5, Bedroom 6
Basement
Unfinished, Full
Elementary school district
299
Middle school district
299
High school district
299
Directions
Southtown Sub, Head toward S Michigan Ave, Turn left onto S Michigan Ave.
Subdivision
CHI - Greater Grand Crossing
Standard status
Active
APN
20271080090000
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
3376
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Amenities
on-site laundry facilities
Building Details
Year built
1916
Building materials
Brick
Listing Agency:
Berg Properties
(888) 276-9959
Listed By:
Colleen Berg · License #471019976
(708) 763-8674
Added: Mar 20
Changed: Aug 1
Last Checked: Aug 2 at 5:06PM
MLS# 12597509
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.
7227 S Michigan Avenue is a triplex-style, brick multi-family building built in 1916 with natural gas heating and public sewer. The property has recently renovated interiors, including hardwood flooring throughout and updated kitchens.
The building is arranged as three spacious apartments, with each unit offering three bedrooms and one bathroom. Residents also benefit from on-site laundry facilities, operated as coin/pay laundry.
The property is located in the Chatham/Park Manor neighborhood and positioned near Deneen Elementary School, Aldi, and L&P Foods for everyday convenience. Public transportation access includes the Red Line and the #3 bus route, with nearby expressways offering additional commuting options throughout the city.
The building is arranged as three spacious apartments, with each unit offering three bedrooms and one bathroom. Residents also benefit from on-site laundry facilities, operated as coin/pay laundry.
The property is located in the Chatham/Park Manor neighborhood and positioned near Deneen Elementary School, Aldi, and L&P Foods for everyday convenience. Public transportation access includes the Red Line and the #3 bus route, with nearby expressways offering additional commuting options throughout the city.
Key Highlights
- Three‑apartment triplex with each unit featuring three bedrooms and one bathroom
- Updated interiors with hardwood flooring throughout all units
- Updated kitchens with granite countertops
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
966
Businesses Nearby
Explore this area
Business Placement
Demographics for 60619, IL
63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
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?
Triplex - Triplex featuring three 3-bedroom units and on-site coin/pay laundry with updated kitchens and hardwood floors.
Where is this triplex located?
The property is located at 7227 S Michigan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Three‑apartment triplex with each unit featuring three bedrooms and one bathroom; Updated interiors with hardwood flooring throughout all units; Updated kitchens with granite countertops
