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Residential Income Multifamily Property
For Sale
$85,000

7243 S Sangamon Street, Chicago, IL 60621

MULTI_FAMILY - Chicago, IL

Property SizeContact for details
Days on Market297

Property Features for 7243 S Sangamon Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 2, Basement, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 2
Parking 2
Parking features Garage
Basement Full, Unfinished
Elementary school district 299
Middle school district 299
High school district 299
Directions I-94 to 75th west to Sangamon St South to address
Subdivision CHI - Englewood
Standard status Active
APN 20292130180000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 597

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1888
Building materials Frame
Listing Agency: HomeSmart Connect LLC · HomeSmart International
Listed By: Solitaire King · License #475153635
Added: Oct 11, 2025 Changed: Aug 2 Last Checked: Aug 3 at 11:06AM
MLS# 12493735

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 residential income multifamily property is offered for sale as an “other multifamily” asset type, suitable for buyers evaluating income-producing multifamily opportunities. The listing reflects a multifamily configuration within the broader residential income category.

The property is located at 7243 S Sangamon Street in Chicago, Illinois 60621 (Cook County).

Key Highlights

  • Frame construction with heating from natural gas
  • Garage parking
  • Year built: 1888

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office 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.

Location Intelligence

Trade Area within ½ mile

743
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?
Multifamily property - For sale residential income multifamily property in Chicago, IL.
Where is this multifamily property located?
The property is located at 7243 S Sangamon Street Chicago, IL.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Frame construction with heating from natural gas; Garage parking; Year built: 1888
More about this property
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