South Shore Multifamily and
For Sale
$2,375,000
7900 South Essex Avenue, Chicago, IL 60617
36-unit property with retail in Chicago's South Shore neighborhood.
Property Size123 SF
Price / SF$19,308
Days on Market262
Property Features for 7900 South Essex Avenue
General Information
Standard status
Active
Size
123 SF
Property subtype
Multifamily
Building Details
Building Size
123 SF
Listing Agency:
(312) 662-9590
Listed By:
Brian Mond · License #475178997
Source:
33realty
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Aug 9 at 5:16AM
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 South Shore neighborhood of Chicago, 7900 South Essex Avenue features 36 units, including seventeen 1-bedroom, 1-bath units of approximately 700 square feet each, and fifteen 2-bedroom, 1-bath units of approximately 800 square feet each. The property also includes four retail units. Situated in the heart of South Shore, the property is near shops, cafes, restaurants, and grocery stores, such as Subway, Family Dollar, Joji Gyros, Krazy Kake House, Jamican Tropical Cuisine, and Walgreens. The location provides convenient access to transportation, including the Cheltenham/79th Metra stop, offering Metra line access to downtown. The I-90/94 highway is also easily accessible. The property is located three blocks from Eckersall Park and within walking distance of the lakefront. Each unit has individual heat and hot water, as well as central air conditioning. The property is currently 100% occupied.
Key Highlights
- Excellent Transportation: Walking distance to Cheltenham/79th St. Metra stop provides a 30‑minute commute to downtown, plus access to I‑90/94.
- Strong Cash Flow Potential: Property is 100% occupied and offers the ability to raise rents.
- Attractive Unit Mix: Includes seventeen 1 Bed/1 Bath units, fifteen 2 Bed/1 Bath units, and multiple retail spaces.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,068
Businesses Nearby
Explore this area
Business Placement
Demographics for 60617, IL
77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - 36-unit property with retail in Chicago's South Shore neighborhood.
Where is this apartment building located?
The property is located at 7900 South Essex Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: Excellent Transportation: Walking distance to Cheltenham/79th St. Metra stop provides a 30‑minute commute to downtown, plus access to I‑90/94.; Strong Cash Flow Potential: Property is 100% occupied and offers the ability to raise rents.; Attractive Unit Mix: Includes seventeen 1 Bed/1 Bath units, fifteen 2 Bed/1 Bath units, and multiple retail spaces.
