$485,000
 $2,604 est/mo Sourced by Back At You

7924 S Peoria Street,Chicago, IL 60620

Chicago, IL 60620

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Description

Welcome to 7924 S Peoria St, a fantastic 3 unit building situated in a vibrant neighborhood just minutes from downtown Chicago and public transportation. This well maintained property is perfect for both homeowners and savvy investors looking to capitalize on the thriving rental market. Unit 1 is currently vacant, offering a blank canvas for new owners or tenants to personalize their space. This unit features beautiful hardwood floors throughout and stainless steel kitchen appliances, enhancing the warm and inviting atmosphere. Unit 2 is Occupied by a reliable tenant with a lease that extends until July 2026, providing steady rental income. This unit also has hardwood floors and stainless steel kitchen appliances. What makes this unit unique is that it has a den area that's perfect for an office space, along with access to a walk-out balcony, ideal for relaxing with a morning cup of coffee or enjoying evening sunsets. The basement Unit is occupied by a tenant on a month-to-month lease, allowing for flexibility if you choose to move in or make adjustments to the rental strategy. Each unit is equipped with its own washer and dryer, adding convenience for tenants while keeping utility expenses manageable-tenants are responsible for their own gas and electric bills. Outside, the spacious backyard offers plenty of room for small gatherings and enjoyment, allowing tenants a great outdoor space to unwind. The property's 3 car garage provides each tenant with a designated parking spot, ensuring comfort and convenience. This property is an exceptional investment opportunity with strong rental potential on well desired block. Don't miss your chance to own a piece of Chicago real estate that combines practicality with desirable features!

Details

MLS #12666495
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1910
Days On Site78
Listing Provided ByColdwell Banker Realty | Jerry Goodwin

Features

Bed(s)7
Bath(s)3
Garage3
BasementY
ZoningMULTI
Acreage0.09

Interior

Rooms Total11
HeatingNatural Gas, Sep Heating Systems - 2+

Exterior

Exterior FeaturesBalcony, Hot Tub
Construction MaterialsBrick

Parking

Parking FeaturesGarage Door Opener, Yes, Garage Owned, Detached, Garage
Garage Spaces3

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Sidewalks, Street Lights, Street Paved

Taxes

Tax Year2024
Tax Annual Amount7232.66

Area Information

StateIL
CountyCook
CityChicago
Zip Code60620
AreaCHI Auburn Gresham
Listing VS Median (in 60620)
Price:
$485,000
low | high
Med:
$222,450
100% of Average
On site:
78
low | high
Med:
66.5
100% of Average
Sourced by Back At You

Market Activity 60620

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60620
AreaCHI Auburn Gresham
Listing VS Median (in 60620)
Price:
$485,000
low | high
Med:
$222,450
100% of Average
On site:
78
low | high
Med:
66.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $363K - $606K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
7955 S Sangamon Street Property Photo 1
$105,000
7955 S Sangamon Street
Chicago, IL 60620
Listing Updated: July 9, 2026 at 12:14:02 PM PDT