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Updated 3-Unit Triplex
New
For Sale
$499,000

7914 S Essex Avenue, Chicago, IL 60617

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market3

Property Features for 7914 S Essex Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 1, Bedroom 9, Bedroom 7, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 8, Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 3
Parking 2
Parking features Garage
Elementary school district 299
Middle school district 299
High school district 299
Directions 79th St to Essex Ave, then south to 7914 S Essex Ave.
Subdivision CHI - South Chicago
Standard status Active
APN 21311010060000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3837

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

in-unit washer/dryer hookups

Building Details

Year built 1957
Building materials Frame
Listing Agency: Keller Williams Preferred Rlty · Keller Williams Realty
Listed By: Frank Montro · License #475128449
Added: Sep 15 Changed: Sep 16 Last Checked: Sep 17 at 1:06PM
MLS# 12759830

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 3-unit triplex, built in 1957, contains three 3-bedroom, 1-bath residences with a total of 9 bedrooms. The frame construction is complemented by updated finishes, refreshed kitchens, refrigerators, microwaves, dishwashers, and in-unit washer/dryer hookups. All three units are vacant, allowing immediate occupancy or separate leasing.

The property includes a detached garage and is served by public water and public sewer, with natural gas heating. Its Chicago location provides access to public transportation, shopping, dining, schools, parks, and major expressways. The residential layout and vacant condition support both owner-occupancy and multifamily leasing strategies.

Key Highlights

  • Three 3‑bedroom, 1‑bath units with 9 bedrooms total
  • Entire property is vacant and ready for occupancy
  • Updated finishes and refreshed kitchens with refrigerators, microwaves, and dishwashers

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Building Supply Skin Care Clinic (Bike/Boat/Book/etc) Store Real Estate Agency

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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

962
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - All residences are vacant and include refreshed kitchens with appliance packages and washer/dryer hookups.
Where is this triplex located?
The property is located at 7914 S Essex Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three 3‑bedroom, 1‑bath units with 9 bedrooms total; Entire property is vacant and ready for occupancy; Updated finishes and refreshed kitchens with refrigerators, microwaves, and dishwashers
More about this property
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