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Six-Unit Apartment Building
For Sale
$495,000

7935 S Essex Avenue, Chicago, IL 60617

MULTI_FAMILY - Chicago, IL

Property SizeContact for details
Lot Size0.84 Acres
Days on Market286

Property Features for 7935 S Essex Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1, Bedroom 2
Directions N Lake Shore Dr to S Yates Blvd. Continue on S Yates Blvd. Drive to S Essex Ave.
Subdivision CHI - South Chicago
Standard status Active
APN 21311020080000
Lot size 0.84 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7729

Building Details

Year built 1922
Floors in Building 3
Number of units 6
Listing Agency: Manage Chicago, Inc.
Listed By: Damaris Santiago · License #475207620
Added: Oct 29, 2025 Changed: Aug 4 Last Checked: Aug 10 at 8:06AM
MLS# 12506904

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 six-unit apartment building includes 2-3 bedroom units, with four units currently occupied and the remaining units vacant. The property also features a detached six-car garage that provides dedicated residential parking.

Built in 1922, the building has updated HVAC and roof systems completed in 2020, along with plumbing described as up to code. The 0.84-acre property is located at 7935 S Essex Avenue in Chicago’s 60617 ZIP code.

Key Highlights

  • Six residential units
  • 2‑3 bedroom units; 4 units occupied
  • Detached 6‑car garage

Property Analytics

Current Use

Chicago Migration Station Hostel

Suggested Use

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

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

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

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?
Apartment building - Six residential units include a detached garage with parking for six vehicles.
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 $495,000.
What are key features of this property?
This property features: Six residential units; 2‑3 bedroom units; 4 units occupied; Detached 6‑car garage
More about this property
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