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Three-Unit Multifamily Property
For Sale
Contact for pricing
Pending

7844 S Peoria Street, Chicago, IL 60620

Interior is framed for four-bedroom layouts in each unit and requires completion.

Property SizeContact for details
Days on Market231

Property Features for 7844 S Peoria Street

General Information

Standard status Pending
Property subtype Multifamily

Property Condition

Severity Major Repairs Needed
Evidence stripped, studded out

Building Details

Year Built 1913
Listing Agency: RE/MAX Premier
Listed By: Ryan Smith · License #475150650
Source: Crexi
Added: Jan 15 Changed: Aug 29 Last Checked: Aug 31 at 8:53AM

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 RE/MAX Premier

Investment Insights

Based on property information with market context.

This 1913 multifamily building contains three legal units, with the current interior configuration framed for four bedrooms in each unit. The interiors are stripped and studded, leaving the remaining work for a buyer to complete. A garage has been converted into a non-conforming coach house, providing an additional existing improvement that is separate from the three legal units.

The property is located on S Peoria Street in Chicago’s Auburn Gresham neighborhood. Its current condition and unfinished interior make the building a renovation project rather than a completed income-producing asset. The existing three-unit arrangement and framed bedroom layouts define the current building configuration.

Key Highlights

  • Three legal residential units
  • Current interior layout includes 4 bedrooms per unit
  • Interiors are stripped and studded

Property Analytics

Current Use

Triplexes

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

798
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
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Frequently Asked Questions

What type of property is this?
Triplex - Interior is framed for four-bedroom layouts in each unit and requires completion.
Where is this triplex located?
The property is located at 7844 S Peoria Street Chicago, IL.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: Three legal residential units; Current interior layout includes 4 bedrooms per unit; Interiors are stripped and studded
(708) 246-6300 Call to check price and availability
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