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6-Unit Apartment Building

7935 S Essex Avenue, Chicago, IL 60617

For Sale
$490,000

A detached garage provides on-site parking for residents.

Property SizeContact for details
Days on Market375

Property Features for 7935 S Essex Avenue

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Commercial

Site & Location

Neighborhood South Chicago

Additional Details

Multifamily Units 6
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $7,729

Building Details

Year Built 1922
Buildings 1
Stories 3
Units 6
Listing Agency: Manage Chicago, Inc.
Listed By: Damaris Santiago · License #475207620
Source: Fishmangroup
Added: Oct 29, 2025 Changed: Nov 2 Last Checked: Nov 7 at 3:16AM

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 Manage Chicago, Inc.

Rey
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Investment Insights

Based on property information with market context.

This 1922 apartment building contains six residential units, with four currently occupied and two vacant. A detached garage provides six parking spaces. HVAC and the roof were updated in 2020, and the plumbing is described as up to code.

Key Highlights

  • Six residential units; four occupied and two vacant
  • Detached six‑car garage
  • HVAC and roof updated in 2020

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

6
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

Properties on Market for Apartment buildings in Chicago

Jul
Aug
Sep
Oct

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?
Apartment building - A detached garage provides on-site parking for residents.
Where is this apartment building located?
The property is located at 7935 S Essex Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Six residential units; four occupied and two vacant; Detached six‑car garage; HVAC and roof updated in 2020
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