4-Unit Multifamily Investor
For Sale
Contact for pricing
Pending
7230 S Wentworth Avenue, Chicago, IL 60621
Sold as-is with one unit vacant for showings, providing a clear path for renovation-minded investors.
Property SizeContact for details
Days on Market75
Property Features for 7230 S Wentworth Avenue
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
75%
Additional Details
Multifamily Units
4
Building Details
Year Built
1895
Listing Agency:
Kale Realty
Listed By:
Vivienne Rose Taylor · License #IL
Source:
Crexi
Added: Jun 12
Changed: Aug 8
Last Checked: Aug 24 at 2:28PM
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 Kale Realty
Investment Insights
Based on property information with market context.
This 4-unit multifamily property is being sold as-is and is positioned as an investor opportunity for buyers prepared to address interior updates. One unit is currently vacant and available for showings, while the remaining three units are occupied. Offers may be submitted contingent upon inspection of the occupied units, which can help buyers evaluate the current condition and plan next steps.
The building is located near schools and within a desirable school district. Public remarks also note new construction being built next door, placing the property in an area experiencing nearby development.
For investors, the property’s current state—described as requiring TLC and updating—supports a renovation strategy rather than turnkey expectations. It may also fit buyers exploring the feasibility of a deeper scope approach, including potential tear-down and redevelopment considerations, depending on their due diligence. With a vacant unit available to view, prospective buyers can review at least one unit firsthand while coordinating inspection requirements for the occupied units before finalizing terms.
The building is located near schools and within a desirable school district. Public remarks also note new construction being built next door, placing the property in an area experiencing nearby development.
For investors, the property’s current state—described as requiring TLC and updating—supports a renovation strategy rather than turnkey expectations. It may also fit buyers exploring the feasibility of a deeper scope approach, including potential tear-down and redevelopment considerations, depending on their due diligence. With a vacant unit available to view, prospective buyers can review at least one unit firsthand while coordinating inspection requirements for the occupied units before finalizing terms.
Key Highlights
- 4‑unit multifamily property built in 1895
- Sold as‑is with one unit currently vacant and available for showings
- Three units are occupied; offers may be contingent upon inspection of the remaining three occupied units
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
75%
Occupancy
Location Intelligence
Trade Area within ½ mile
800
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Sold as-is with one unit vacant for showings, providing a clear path for renovation-minded investors.
Where is this quadplex located?
The property is located at 7230 S Wentworth Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 4‑unit multifamily property built in 1895; Sold as‑is with one unit currently vacant and available for showings; Three units are occupied; offers may be contingent upon inspection of the remaining three occupied units
