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6-Unit Apartment Building with Garage
For Sale
$495,000

7935 S Essex Avenue, Chicago, IL 60617

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.84 Acres
Days on Market312

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, Bedroom 2, Bathroom 1
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 20 Last Checked: Sep 5 at 7:06PM
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 6-unit apartment building at 7935 S Essex Avenue includes 2-3 bedroom units and a detached 6-car garage. Four units are occupied, while the property information identifies vacant 2-3 bedroom units. The building dates to 1922 and has undergone updates to its HVAC system and roof, both completed in 2020. Plumbing is reported up to code.

The property is located in Chicago’s 60617 ZIP code in Cook County. Its 0.84-acre site includes the residential building and detached garage, providing a substantial parking component for the apartment layout. The combination of six residential units, current occupancy, updated major systems, and dedicated garage parking defines the property’s physical offering.

Key Highlights

  • 6‑unit apartment building on a 0.84‑acre site
  • Detached 6‑car garage
  • Four units occupied

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 - Detached parking accommodates six vehicles, with HVAC and roof updates completed in 2020.
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: 6‑unit apartment building on a 0.84‑acre site; Detached 6‑car garage; Four units occupied
More about this property
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