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Four-Unit Multifamily Building
For Sale
$195,000

7230 S Wentworth Avenue, Chicago, IL 60621

As-is property with one vacant residence and three occupied units.

Property SizeContact for details
Days on Market10

Property Features for 7230 S Wentworth Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Property Condition

Severity Repairs Needed
Evidence requires TLC and updating

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $3,013

Building Details

Year Built 1895
Buildings 1
Listing Agency: Chicagoland Brokers Inc.
Listed By: Vivienne Rose Taylor
Source: Dawnmckennagroup
Added: Aug 14 Changed: Aug 22 Last Checked: Aug 23 at 8:18AM

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 Chicagoland Brokers Inc.

Investment Insights

Based on property information with market context.

Constructed in 1895, this four-unit multifamily property is offered in its existing as-is condition. One unit is vacant, while the remaining three are occupied and available for inspection subject to the seller’s stated conditions. The interior requires substantial TLC and updating, with renovation or complete redevelopment identified as potential approaches.

The property is located near schools in Chicago’s 60621 ZIP code. New construction is underway next door, adding an active development element to the immediate surroundings.

Key Highlights

  • Four‑unit multifamily property built in 1895
  • One unit is vacant; three units are occupied
  • Sold in as‑is condition with interior TLC and updating needed

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Skin Care Clinic Gym & Fitness Center 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

800
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?
Quadplex - As-is property with one vacant residence and three occupied units.
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 $195,000.
What are key features of this property?
This property features: Four‑unit multifamily property built in 1895; One unit is vacant; three units are occupied; Sold in as‑is condition with interior TLC and updating needed
More about this property
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