Search
Renovated Multi-Family Property
For Sale
Contact for pricing
Pending

7406 S Crandon Avenue, Chicago, IL 60649

Turnkey renovated multifamily featuring updated kitchens, baths, finishes, and recent mechanical improvements.

Property SizeContact for details
Days on Market76

Property Features for 7406 S Crandon Avenue

General Information

Standard status Pending
Property subtype Multifamily
Zoning MULTI

Additional Details

Business Included Yes

Building Details

Year Built 1911
Tenancy Multi
Listing Agency: Charles Rutenberg Realty Inc Naperville
Listed By: Robert Nowak · License #IL 475205170
Source: Crexi
Added: Jun 9 Changed: Aug 13 Last Checked: Aug 12 at 3:32PM

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 Charles Rutenberg Realty Inc Naperville

Investment Insights

Based on property information with market context.

This beautifully renovated multi-family property presents a move-in ready interior with extensive updates throughout. The kitchen features brand-new 42" espresso cabinets, granite countertops, and a glass/stone backsplash, along with stainless appliances. Bathrooms have been updated, and interior finishes include refinished floors, new doors, fresh paint, and brushed nickel fixtures. Recent mechanical updates and tuck pointing further support a well-maintained, turnkey condition.

Located at 7406 S Crandon Avenue in Chicago, Illinois, the property is positioned for buyers seeking a residential income asset with substantial interior renovation already completed. The upgrades appear aimed at improving day-to-day livability and reducing near-term maintenance items.

For investors or owner-occupants, the practical value here is the combination of modernized finishes and completed mechanical and exterior tuck pointing work. With the kitchen, baths, flooring, doors, and fixtures all refreshed, the property is presented as immediately usable rather than requiring a full scope of cosmetic work. Buyers looking for a renovated multi-family setup can evaluate the opportunity with confidence in the documented improvements.

Key Highlights

  • Renovated multi‑family with Year Built 1911
  • Brand‑new kitchen features 42" espresso cabinets, granite countertops, glass/stone backsplash, new tile, and stainless appliances
  • Updated bathrooms

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Dental Office Building Supply Skin Care Clinic Locksmith Acupuncture

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

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,312
Businesses Nearby

Demographics for 60649, IL

48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Turnkey renovated multifamily featuring updated kitchens, baths, finishes, and recent mechanical improvements.
Where is this multifamily property located?
The property is located at 7406 S Crandon Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Renovated multi‑family with Year Built 1911; Brand‑new kitchen features 42" espresso cabinets, granite countertops, glass/stone backsplash, new tile, and stainless appliances; Updated bathrooms
(630) 929-1100 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message