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4-Unit Apartment Building
New
For Sale
$185,000

7951 S Clyde Avenue, Chicago, IL 60617

Front residences include formal living and dining rooms; rear residences offer one-bedroom layouts with larger living rooms.

Property SizeContact for details
Days on Market3

Property Features for 7951 S Clyde Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype MULTI_FAMILY

Property Condition

Severity Major Repairs Needed
Evidence fire damage

Units

Unit Mix 2 x 2BR, 2 x 1BR
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $3,798

Building Details

Year Built 1922
Buildings 1
Listing Agency: Smith Partners & Associates
Listed By: Ryan Smith · License #475150650
Source: Dawnmckennagroup
Added: Oct 5 Changed: Oct 7 Last Checked: Oct 7 at 11:43AM

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 Smith Partners & Associates

Investment Insights

Based on property information with market context.

This four-unit building, constructed in 1922, has two front apartments and two rear apartments. Each front apartment includes two bedrooms, a formal living room, a formal dining room, and hardwood floors. The rear apartments each have one bedroom and a larger living room. One rear apartment has fire damage, while the front apartments are described as being in very good condition with limited cosmetic work needed. A two-car garage is also part of the property.

Key Highlights

  • Legal four‑unit building with two front apartments and two rear apartments
  • Each front apartment has two bedrooms, formal living and dining rooms, and hardwood floors
  • Two rear apartments, each with one bedroom and a larger living room

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Building Supply Gym & Fitness Center (Bike/Boat/Book/etc) Store Skin Care Clinic

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,166
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
View Realmo Analytics

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?
Quadplex - Front residences include formal living and dining rooms; rear residences offer one-bedroom layouts with larger living rooms.
Where is this quadplex located?
The property is located at 7951 S Clyde Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Legal four‑unit building with two front apartments and two rear apartments; Each front apartment has two bedrooms, formal living and dining rooms, and hardwood floors; Two rear apartments, each with one bedroom and a larger living room
More about this property
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