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9-Unit Brick Apartment Building
New
For Sale
$375,000

7701 S Eggleston Avenue, Chicago, IL 60620

Seven apartments are vacant, while two units are currently occupied.

Property Size6,528 SF
Price / SF$57.44
Days on Market5

Property Features for 7701 S Eggleston Avenue

General Information

Standard status Active
Size 6,528 SF
Property subtype MULTI_FAMILY

Property Condition

Severity Repairs Needed
Evidence Light Updates

Units

Unit Mix 6 x 2BR/1BA, 3 x 1BR/1BA
Multifamily Units 9

Taxes and HOA fees

Annual Taxes $11,858

Building Details

Building Size 6,528 SF
Year Built 1924
Buildings 1
Construction all-brick
Listing Agency: eXp Realty - Chicago North Ave
Listed By: Ryan Widerberg · License #475121545
Source: Dawnmckennagroup
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 3:33PM

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 eXp Realty - Chicago North Ave

Investment Insights

Based on property information with market context.

This 1924 brick apartment property contains 9 units across 6,528 square feet, with multiple basements. The unit mix includes six 2-bedroom, 1-bath apartments and three 1-bedroom, 1-bath apartments, totaling 15 bedrooms and 9 bathrooms. Most units have hardwood flooring and distinct living and dining rooms. Each apartment includes a stove and refrigerator, and the boiler system is less than 9 years old.

The building is in Chicago’s Winneconna Parkway and Auburn Park area. A Metra station is planned for Winneconna Parkway and 79th Street, and a plan for the 79th Street corridor calls for a mix of new uses.

Key Highlights

  • 9 apartments totaling 6,528 square feet
  • Six 2‑bedroom, 1‑bath units and three 1‑bedroom, 1‑bath units
  • Seven units vacant; two units occupied

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Gym & Fitness Center Skin Care Clinic HVAC 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

9
Residential units

Location Intelligence

Trade Area within ½ mile

720
Businesses Nearby

Demographics for 60620, IL

66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Seven apartments are vacant, while two units are currently occupied.
Where is this apartment building located?
The property is located at 7701 S Eggleston Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 9 apartments totaling 6,528 square feet; Six 2‑bedroom, 1‑bath units and three 1‑bedroom, 1‑bath units; Seven units vacant; two units occupied
More about this property
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