3-Unit Brick
For Sale
$425,000
7544 S Essex Avenue, Chicago, IL 60649
Brick multifamily property with separate utilities and a full basement.
Property Size3,200 SF
Price / SF$132.81
Days on Market17
Property Features for 7544 S Essex Avenue
General Information
Standard status
Active
Size
3,200 SF
Total Parking Spaces
3
Property subtype
Residential Income
Zoning
MULTI
Property Condition
Severity
Minor
Evidence
needs TLC
Additional Details
Utilities to Site
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,469
Building Details
Year Built
1927
Buildings
1
Construction
brick
Listing Agency:
Century 21 IMPACT
(815) 221-8400
Listed By:
Yolanda Martin
(815) 221-8400
Source:
Birdrealtysells
Added: Aug 4
Changed: Aug 18
Last Checked: Aug 19 at 2:38PM
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 Century 21 IMPACT
Investment Insights
Based on property information with market context.
Located at 7544 S Essex Avenue in Chicago, this 3-unit brick triplex was built in 1927 and contains 3,200 sq ft. The property includes 9 bedrooms, 3 bathrooms, separate utilities, and a full basement. Its existing configuration provides a defined starting point for renovation, while the building is being offered in as-is condition and requires TLC. Zoning is designated MULTI.
The property is near the Obama Presidential Center construction area and the THRIVE Exchange project, with the 71st Street initiative also identified in the surrounding context. The transaction is structured as a short sale and remains subject to lender approval.
The property is near the Obama Presidential Center construction area and the THRIVE Exchange project, with the 71st Street initiative also identified in the surrounding context. The transaction is structured as a short sale and remains subject to lender approval.
Key Highlights
- 3‑unit brick multifamily building
- 9 beds and 3 baths within 3,200 sq ft
- Separate utilities for each unit
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,353
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Triplex - Brick multifamily property with separate utilities and a full basement.
Where is this triplex located?
The property is located at 7544 S Essex Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 3‑unit brick multifamily building; 9 beds and 3 baths within 3,200 sq ft; Separate utilities for each unit
