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3-Unit Multifamily Property
For Sale
$341,900

7938 S Langley Avenue, Chicago, IL 60619

Each residence has its own heat and hot water service.

Property SizeContact for details
Days on Market134

Property Features for 7938 S Langley Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Chatham
Public Transit Yes

Additional Details

Individually Metered Utilities heat, hot water

Taxes and HOA fees

Annual Taxes $2,666

Building Details

Year Built 1923
Listing Agency: Chicago Real Estate Resources
Listed By: Timothy Keenan · License #475136867
Source: Townrealtychicago
Added: Jun 26 Changed: Nov 3 Last Checked: Nov 3 at 8:58AM

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 Chicago Real Estate Resources

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Investment Insights

Based on property information with market context.

Built in 1923, this multifamily property contains three two-bedroom, one-bathroom residences, including a finished basement unit. The units feature spacious living rooms and separate dining rooms, with individual heat and hot water service for each. The property is being sold as-is, and work has been completed in recent years.

Located in Chicago’s Chatham / East Chatham area, the property has access to public transportation, major roads, schools, and neighborhood amenities.

Key Highlights

  • Three residences, each with two bedrooms and one bathroom
  • Finished basement unit
  • Separate heat and hot water for each unit

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,479
Businesses Nearby

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
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 Triplexes 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?
Triplex - Each residence has its own heat and hot water service.
Where is this triplex located?
The property is located at 7938 S Langley Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $341,900.
What are key features of this property?
This property features: Three residences, each with two bedrooms and one bathroom; Finished basement unit; Separate heat and hot water for each unit
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