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Updated 3-Unit Brick Triplex

7949 S Marquette Ave, Chicago, IL 60617

For Sale
$250,222
Pending

Three separate residences offer a one-bedroom garden unit and two two-bedroom apartments with wood flooring.

Property SizeContact for details
Days on Market53

Property Features for 7949 S Marquette Ave

General Information

Standard status Pending
Property subtype Multi-Family

Site & Location

Neighborhood South Chicago

Units

Unit Mix 1 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units 3

Building Details

Year Built 1922
Buildings 1
Construction brick
Listing Agency: Z.A.S. Consulting, Inc
Listed By: Thomas Bezanes · License #471018395
Source: Highriseschicago
Added: Sep 16 Changed: Nov 6 Last Checked: Nov 6 at 8:18AM

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 Z.A.S. Consulting, Inc

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Investment Insights

Based on property information with market context.

Built in 1922, this brick triplex contains three separate residential units. The garden-level apartment has 1 bedroom and 1 bath, while each of the two additional apartments includes 2 bedrooms and 1 bath. The units have been recently updated and feature wood flooring throughout the residences.

The property is located at 7949 S Marquette Ave in Chicago, Illinois 60617. Its three-unit configuration provides a clear multifamily layout with distinct living spaces under one roof.

Key Highlights

  • Three‑unit brick multifamily building constructed in 1922
  • Unit mix includes one 1‑bedroom/1‑bath garden apartment and two 2‑bedroom/1‑bath apartments
  • All three units have been recently updated

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

897
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 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 - Three separate residences offer a one-bedroom garden unit and two two-bedroom apartments with wood flooring.
Where is this triplex located?
The property is located at 7949 S Marquette Ave Chicago, IL.
What is the asking price?
The asking price for this property is $250,222.
What are key features of this property?
This property features: Three‑unit brick multifamily building constructed in 1922; Unit mix includes one 1‑bedroom/1‑bath garden apartment and two 2‑bedroom/1‑bath apartments; All three units have been recently updated
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