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Three-Unit Multifamily Building
For Sale
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7955 S Manistee Avenue, Chicago, IL 60617

One unit is vacant, while the other two are leased through 2027.

Property SizeContact for details
Days on Market17

Property Features for 7955 S Manistee Avenue

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multifamily
Zoning MULTI

Units

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

Additional Details

Public Transit Yes

Building Details

Year Built 2007
Buildings 1
Listing Agency: Keller Williams Preferred Realty
Listed By: Emiko Pope · License #IL 475157579
Source: Crexi
Added: Aug 6 Changed: Aug 15 Last Checked: Aug 21 at 7:23AM

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 Keller Williams Preferred Realty

Investment Insights

Based on property information with market context.

Built in 2007, this MULTI-zoned triplex contains three residential units, each with 3 bedrooms, 1 bathroom, an outdoor area, and a practical living layout. The property is described as well maintained, with Unit 2 available for occupancy and Units 1 and 3 leased through January 2027 and August 2027, respectively.

The property is located at 7955 S Manistee Avenue in Chicago, near shopping, restaurants, parks, schools, public transportation, major roadways, and the Obama Presidential Library. Its three-unit configuration supports both owner-occupancy and rental use, with one unit available and two leases already in place.

Key Highlights

  • Three‑unit multifamily property built in 2007
  • Each unit includes 3 bedrooms, 1 bathroom, and an outdoor area
  • Unit 2 is vacant and available for occupancy

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Building Supply (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

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

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?
Triplex - One unit is vacant, while the other two are leased through 2027.
Where is this triplex located?
The property is located at 7955 S Manistee Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Three‑unit multifamily property built in 2007; Each unit includes 3 bedrooms, 1 bathroom, and an outdoor area; Unit 2 is vacant and available for occupancy
(312) 600-7673 Call to check price and availability
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