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4-Unit Multifamily Property
For Sale
$179,900

7230 S Wentworth Avenue, Chicago, IL 60621

Three units are occupied, with one vacant unit available for viewing.

Property SizeContact for details
Days on Market14

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
Listing Agency: Chicagoland Brokers Inc.
Listed By: Vivienne Rose Taylor
Source: Dawnmckennagroup
Added: Sep 24 Changed: Oct 2 Last Checked: Oct 5 at 9:25PM

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.

This four-unit multifamily property was built in 1895 and is being sold as-is. One unit is vacant and available for showings; the other three are occupied. The building requires repairs and updating, making its current condition an important consideration for prospective buyers.

New construction is underway next door. The property is located near schools in a designated school district.

Key Highlights

  • Four‑unit multifamily property built in 1895
  • Three units occupied; one vacant unit available for showings
  • Sold as‑is and requires repairs and updating

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Three units are occupied, with one vacant unit available for viewing.
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 $179,900.
What are key features of this property?
This property features: Four‑unit multifamily property built in 1895; Three units occupied; one vacant unit available for showings; Sold as‑is and requires repairs and updating
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