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Brick Triplex with Rental Income
New
For Sale
$440,000

9731 S Michigan Avenue, Chicago, IL 60628

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market7

Property Features for 9731 S Michigan Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 5
Full bathrooms 3
Half bathrooms 3
Rooms Bedroom 6, Bathroom 4, Bedroom 5, Bathroom 6, Bedroom 4, Bathroom 5, Bathroom 1, Bathroom 2, Basement, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 7, Bedroom 2
Parking 2
Exterior features Balcony
Basement Finished, Full
Subdivision Rosemoor
Elementary school Bennett Elementary School
Middle school Bennett Elementary School
High school Harlan Community Academy Senior
Elementary school district 299
Middle school district 299
High school district 299
Directions From I-94/Bishop Ford Expy, exit at 95th St. Travel west on 95th St. to Michigan Ave. Turn south on Michigan Ave. Property is located on the west side of Michigan Ave, near 98th St.
Standard status Active
APN 25101140130000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6649

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Building Details

Year built 1962
Building materials Brick
Listing Agency: Serene Realty, Inc.
Listed By: Mekia Hearn · License #475176653
Added: Sep 16 Changed: Sep 22 Last Checked: Sep 22 at 5:06AM
MLS# 12762008

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 three-unit residential property offers a multifamily configuration with seven bedrooms and six bathrooms. The brick building was constructed in 1962 and includes a balcony, basement, natural-gas heating, and forced-air distribution. Public sewer service supports the property, which is being sold as-is.

Located at 9731 S Michigan Avenue in Chicago, the property is near Chicago State University, shopping, dining, transportation, and schools. The unit arrangement may accommodate an owner occupant seeking residence in one unit while leasing the remaining units, subject to applicable requirements and leasing arrangements.

Key Highlights

  • Three‑unit property at 9731 S Michigan Avenue, Chicago, IL 60628
  • Seven bedrooms and six bathrooms
  • Brick construction with a balcony

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Cafe & Coffee Shop Spa & Massage Center

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

433
Businesses Nearby

Demographics for 60628, IL

62,832
Population
28,736
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
5,712
Density / Sq Mi
$49,719
Median Household Income
$35,974
Median Earnings
$1,168
Median Rent
$158,500
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?
Triplex - Three-unit residential property with flexible occupancy potential and a balcony.
Where is this triplex located?
The property is located at 9731 S Michigan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Three‑unit property at 9731 S Michigan Avenue, Chicago, IL 60628; Seven bedrooms and six bathrooms; Brick construction with a balcony
More about this property
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