Search
Emerald Avenue Multifamily Investment
For Sale
$1,100,000

7704-7706 South Emerald Avenue, Chicago, IL 60620

14-unit multifamily property in Chicago's Auburn Gresham neighborhood.

Property Size10,000 SF
Price / SF$110
Days on Market274

Property Features for 7704-7706 South Emerald Avenue

General Information

Standard status Active
Size 10,000 SF
Property subtype Multifamily

Building Details

Building Size 10,000 SF
Listing Agency:
Listed By: Brian Mond · License #475178997
Source: 33realty
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 22 at 5:25AM

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 Brian Mond

Investment Insights

Based on property information with market context.

Located in the Auburn Gresham neighborhood of Chicago, the property at 7704-7706 South Emerald Avenue features 14 one-bedroom, one-bathroom units. The building is situated near the intersection of South Emerald Avenue and 77th Street, with a classic brick facade reflecting the neighborhood's architectural heritage. The property benefits from its proximity to local amenities, including schools, parks, and public transportation options. Residents enjoy convenient access to the retail thoroughfare along Halsted and the Gresham Metra stop. The property is located three blocks from Grand Crossing Park, and within a half mile of Foster Park and the Gresham Metra stop. It is conveniently located near I-90/94 and within a 45-minute drive to Midway Airport. The three-story building offers a mix of one-bedroom units and coin-operated laundry. The Auburn Gresham neighborhood, about nine miles south of downtown Chicago, is known for its history and community spirit. The area features Arts and Crafts-inspired homes and active community involvement. The property is located within a 30-minute commute to downtown Chicago. The property benefits from strong in-place cash flow and offers the opportunity to bring rents to market without renovations.

Key Highlights

  • Strong in‑place cash flow, providing immediate returns for investors.
  • Located within a half mile of the Gresham Metra stop, offering convenient public transportation.
  • Ideally situated with easy access to the retail thoroughfare along Halsted.

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

819
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - 14-unit multifamily property in Chicago's Auburn Gresham neighborhood.
Where is this apartment building located?
The property is located at 7704-7706 South Emerald Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Strong in‑place cash flow, providing immediate returns for investors.; Located within a half mile of the Gresham Metra stop, offering convenient public transportation.; Ideally situated with easy access to the retail thoroughfare along Halsted.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message