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Fourteen-Unit Apartment Building
For Sale
Contact for pricing
Pending

7704 S Emerald Ave, Chicago, IL 60620

Fourteen 1Bd/1Ba units with hardwood flooring, on-site laundry, and recent mechanical and plumbing updates.

Property Size9,831 SF
Days on Market350

Property Features for 7704 S Emerald Ave

General Information

Standard status Pending
Size 9,831 SF
Property subtype Multifamily

Additional Details

Cap Rate 10.08%
Highway Access Yes
Multifamily Units 14

Amenities

on-site laundry facility

Building Details

Year Built 1929
Units 14
Listing Agency: Kiser Group
Listed By: Aaron Sklar · License #IL 475161507
Source: Crexi
Added: Sep 22, 2025 Changed: Aug 8 Last Checked: Jul 24 at 5:27PM

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 Kiser Group

Investment Insights

Based on property information with market context.

7704 S. Emerald is a fourteen (14) unit apartment building offering all 1Bd/1Ba apartments. Units are described as spacious with an abundance of natural light and hardwood flooring throughout. The property also features an on-site laundry facility.

Recent improvements include a new boiler, a new hot water tank, and updated copper plumbing.

Situated on a quiet, residential block among single-family homes, the building is just blocks from Hamilton Park. Two convenient access options to Chicago downtown are noted: the Metra Gresham train stop or an approximate 20-minute drive via the Dan Ryan Expressway.

Key Highlights

  • 14‑unit apartment building built in 1929 in Chicago’s Auburn Gresham neighborhood
  • Unit mix: fourteen (14) 1BD/1BA apartments
  • Hardwood flooring and abundant natural light in all units

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.

Lease Details

14
Residential units
Yes
Highway access

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Fourteen 1Bd/1Ba units with hardwood flooring, on-site laundry, and recent mechanical and plumbing updates.
Where is this apartment building located?
The property is located at 7704 S Emerald Ave Chicago, IL.
What are key features of this property?
This property features: 14‑unit apartment building built in 1929 in Chicago’s Auburn Gresham neighborhood; Unit mix: fourteen (14) 1BD/1BA apartments; Hardwood flooring and abundant natural light in all units
(773) 293-5032 Call to check price and availability
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