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7701 S Eggleston Ave Chicago, IL 60620

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For Sale
$440,000

All-brick 9-unit building with cash flow and upside potential.

Lot size:
0.12 Acres

Property Features for 7701 S Eggleston Ave

General Information

Standard status
Active
Lot size
0.12 Acres

Building Details

Year built
1924

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Listing Contact
Ryan Widerberg
Ryan Widerberg
Source: Corcoran

Listing Agency: eXp Realty, LLC Listing Agent: Ryan Widerberg

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Nine-Unit Multifamily Building in Chicago

Located in the Winneconna Parkway/Auburn Park area of Chicago, this all-brick 9-unit building features six 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, totaling 15 bedrooms and 9 bathrooms. The 6,528 square foot building is fully rented with all cash tenants on month-to-month leases. Most units have hardwood floors and separate living and dining rooms. All units include stoves and refrigerators. The boiler system is under 8 years old. The building is located in a historically rich area known for its lagoons, bridges, and architecture. A new Metra Auburn Park Station, located near Winneconna Parkway and 79th Street, is scheduled to open in 2026. The 79th Street Corridor Plan is set to revitalize and transform the area.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Chicago
County
Cook
State
Illinois
Longitude
-87.635249
Latitude
41.7542801

FAQs

What type of property is this?
Apartment building - All-brick 9-unit building with cash flow and upside potential.
Where is this apartment building located?
The property is located at 7701 S Eggleston Ave Chicago, IL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: - Strong cash flow with significant upside potential through rent increases ($100-$300 per unit).; - 9-unit all-brick building featuring a desirable unit mix: six 2-bed/1-bath and three 1-bed/1-bath.; - Located in the historically rich and highly promising Winneconna Parkway/Auburn Park area, a 'hidden gem' in Chicago.
More about this property
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