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Multi-Family Investment Property
For Sale
Under Contract
$495,000

7724 S Essex Avenue, Chicago, IL 60649

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market114

Property Features for 7724 S Essex Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 11
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 10, Bedroom 8, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 9, Bedroom 11, Bedroom 7
Parking 3
Basement Finished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions YATES TO 77TH EAST TO ESSEX
Subdivision CHI - South Shore
Standard status Active Under Contract
APN 21303190350000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7477

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas

Building Details

Year built 1923
Building materials Brick
Listing Agency: Kale Realty
Listed By: Larmon Cummings
Added: Apr 30 Changed: Aug 20 Last Checked: Aug 21 at 2:06PM
MLS# 12633005

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multi-family property is offered for sale at 7724 S Essex Avenue in Chicago, Illinois 60649 (Cook County). The listing is structured as a for-sale commercial real estate opportunity.

The property is presented under the “Multi-family” asset type category, with listing details including an asking price of $495,000. While additional building, unit, and site specifications are not included in the available information, interested parties can review the property directly to confirm layout and condition details relevant to occupancy or investment plans.

For brokers and investors, the address provides a concrete starting point for due diligence, including verification of any existing income, unit configuration, and property-specific requirements that may impact valuation and underwriting.

Key Highlights

  • Brick construction with year built 1923
  • Heating: natural gas with forced air
  • Served by public sewer

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Law Firm Building Supply (Bike/Boat/Book/etc) Store HVAC Service Electrical Service Locksmith

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

1,068
Businesses Nearby

Demographics for 60649, IL

48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
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?
Specialty property - For sale multi-family property at 7724 S Essex Avenue in Chicago, IL 60649.
Where is this specialty property located?
The property is located at 7724 S Essex Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Brick construction with year built 1923; Heating: natural gas with forced air; Served by public sewer
More about this property
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