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Renovated Three-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 1, Bedroom 2, Bedroom 9, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 8, Bedroom 5, Bedroom 7, Bathroom 3, Bathroom 2, Bedroom 4
Parking 2
Parking features Open, Garage
Fencing Fenced
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, Forced Air
Water source Public

Amenities

in-unit washer/dryer
central air
fenced yard

Building Details

Year built 1957
Building materials Brick
Listing Agency: RE/MAX 10 · RE/MAX International
Listed By: Priscilla Ball · License #76.225409
Added: Oct 15 Changed: Oct 16 Last Checked: Oct 17 at 11:06AM
MLS# 12785454

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.

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Investment Insights

Based on property information with market context.

This brick triplex, built in 1957, contains three residences, each with three bedrooms and one bathroom. All three units have open layouts, recessed lighting, updated flooring, trim, doors, and windows, plus kitchens with white shaker cabinetry, quartz countertops, and stainless steel appliances. Each residence also has a separate washer-and-dryer area and new HVAC with central air.

Renovation work in 2026 included new ductwork and electrical, along with an updated roof. The fenced front and back yards complement a refreshed two-car garage with a new roof.

Key Highlights

  • Three units, each with 3 bedrooms and 1 bathroom
  • 2026 renovation included new ductwork, electrical, and an updated roof
  • Central air and new HVAC in each unit

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

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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Each residence has three bedrooms, central air, and a dedicated washer-and-dryer area.
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 units, each with 3 bedrooms and 1 bathroom; 2026 renovation included new ductwork, electrical, and an updated roof; Central air and new HVAC in each unit
More about this property
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