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Well-Maintained Triplex with Oversized Lot
For Sale
$849,000
Pending

7555 North Claremont Avenue, Chicago, IL 60645

Triplex featuring three large 3-bedroom apartments with in-unit laundry and extensive modernization over the past 13 years.

Property Size5,154 SF
Days on Market41

Property Features for 7555 North Claremont Avenue

General Information

Standard status Pending
Size 5,154 SF
Total Parking Spaces 3
Property subtype Two to Four Units / 3 Flat
Zoning MULTI
Net Operating Income $53,580

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $13,442

Amenities

in-unit laundry

Building Details

Year Built 1925
Listing Agency: Suburban Midwest Properties
Listed By: Nechemia Breitman · License #471022919
Source: Compass
Added: Jul 4 Changed: Aug 8 Last Checked: Jul 24 at 2:08PM

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 Suburban Midwest Properties

Investment Insights

Based on property information with market context.

Located at 7555 North Claremont Avenue in Chicago, this well-maintained triplex consists of three separate apartment units. Each unit is a very large 3-bedroom layout with spacious living and dining rooms together and high ceilings, and the apartments include in-unit laundry.

The ownership has invested more than $200,000 over the last 13 years in multiple modernization projects, including repiping all copper water lines and all PVC drains and vents, rewiring and replacing electrical panels, a roof tear-off, kitchen remodeling, gutting all three bathrooms, new windows, and masonry lintel replacement.

A large, dry basement adds valuable supplemental space and is ready for future ideas, including the possibility of a fourth unit under Chicago’s ADU program. The oversized lot supports the property’s overall residential income configuration.

Key Highlights

  • 1925‑built triplex with three large 3‑bedroom apartments, each over 1,700 SF
  • In‑unit laundry in each apartment
  • Ownership invested 200,000+ over the past 13 years on modernization projects

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm HVAC Service Skin Care Clinic Food Market Acupuncture Cafe & Coffee Shop

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,116
Businesses Nearby

Demographics for 60645, IL

48,356
Population
18,143
Households
2.7
Avg Household Size
36
Median Age
45%
College-Educated
86%
High-School Grad
2.2 sq mi
ZIP Area
21,980
Density / Sq Mi
$77,126
Median Household Income
$40,666
Median Earnings
$1,424
Median Rent
$308,200
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?
Triplex - Triplex featuring three large 3-bedroom apartments with in-unit laundry and extensive modernization over the past 13 years.
Where is this triplex located?
The property is located at 7555 North Claremont Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 1925‑built triplex with three large 3‑bedroom apartments, each over 1,700 SF; In‑unit laundry in each apartment; Ownership invested 200,000+ over the past 13 years on modernization projects
More about this property
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