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11-Unit Apartment Building
For Sale
$900,000

7544 S Saginaw Avenue, Chicago, IL 60649

Commercial Sale, Chicago, IL

Property SizeContact for details
Days on Market124

Property Features for 7544 S Saginaw Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 15
Bathrooms 11
Full bathrooms 11
Rooms Bathroom 10, Bedroom 7, Bedroom 9, Bathroom 8, Bathroom 1, Bedroom 6, Bathroom 11, Bedroom 3, Bedroom 14, Bedroom 10, Bedroom 4, Bedroom 12, Bedroom 11, Bathroom 7, Bathroom 6, Bathroom 5, Bedroom 13, Bedroom 8, Bathroom 9, Bathroom 4, Bedroom 15, Bathroom 3, Bedroom 2, Bedroom 5, Bathroom 2, Bedroom 1
Directions South to Chicago Skyway (I-90 E). Exit at Stony Island Ave. South on Stony Island to 79th St. East on 79th St to Saginaw Ave. North on Saginaw Ave to property on west side of street.
Subdivision CHI - South Shore
Standard status Active
APN 21303040190000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 12596

Building Details

Year built 1964
Floors in Building 3
Number of units 11
Listing Agency: 33 Realty
Listed By: Brian Mond · License #478007026
Added: Apr 21 Changed: Aug 20 Last Checked: Aug 22 at 4:06PM
MLS# 12625192

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.

7544 S Saginaw Avenue is an 11-unit apartment building with a balanced unit mix of seven one-bedroom units and four two-bedroom units. The property is positioned to serve a range of tenant needs within a single residential building.

Located on a quieter residential street, the building sits between Jeffery Boulevard and Stony Island Avenue, with convenient access to nearby commercial corridors and public transportation.

Built in 1964, the property offers a straightforward multifamily configuration for buyers or operators seeking an 11-unit rental asset with a mix of one- and two-bedroom floorplans.

Key Highlights

  • 11‑unit apartment building with seven one‑bedroom units and four two‑bedroom units
  • Built in 1964
  • Quieter residential street setting

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply Dental Office (Bike/Boat/Book/etc) Store Storage Facility Electrical Service

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

11
Residential units

Location Intelligence

Trade Area within ½ mile

1,155
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Balanced unit mix of seven one-bedroom and four two-bedroom units in a 1964 apartment building.
Where is this apartment building located?
The property is located at 7544 S Saginaw Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 11‑unit apartment building with seven one‑bedroom units and four two‑bedroom units; Built in 1964; Quieter residential street setting
More about this property
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