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Updated Three-Unit Building
For Sale
$510,000

7914 S Essex Avenue, Chicago, IL 60617

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market86

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 9, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 8, Bedroom 7, Bedroom 2, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 6
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

washer/dryer hookups
detached garage

Building Details

Year built 1957
Building materials Frame
Listing Agency: Keller Williams Preferred Rlty · Keller Williams Realty
Listed By: Frank Montro · License #475128449
Added: Jun 14 Changed: Sep 1 Last Checked: Sep 7 at 1:06PM
MLS# 12675087

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 Chicago triplex contains three residential units, each arranged with three bedrooms and one bathroom. The units have received updates, including refreshed kitchens equipped with a refrigerator, microwave, and dishwasher. Washer and dryer hookups are provided in every unit, while generous living areas support the residential layout.

The frame-built property dates to 1957 and includes a detached garage. Natural gas heating serves the building, with public water and public sewer. The property is vacant, providing flexibility for a new ownership or leasing strategy. Located at 7914 S Essex Avenue, it is near schools, parks, shopping, dining, public transportation, and major expressways.

Key Highlights

  • Three‑unit multifamily building with 3 bedrooms and 1 bathroom in each unit
  • All units are vacant and feature updated finishes
  • Each kitchen includes a refrigerator, microwave, and dishwasher

Property Analytics

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Vacant multifamily property with refreshed kitchens, in-unit laundry hookups, and a detached garage.
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 $510,000.
What are key features of this property?
This property features: Three‑unit multifamily building with 3 bedrooms and 1 bathroom in each unit; All units are vacant and feature updated finishes; Each kitchen includes a refrigerator, microwave, and dishwasher
More about this property
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