Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12666495MLS Provider

7924 S Peoria StreetChicago, IL 60620

Multi-Family · 7 Beds · 0.09 Acres
$485,000 Active

7924 S Peoria Street Overview

Time on Site:
27 days
Visits:
0

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!

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7924 S Peoria Street Facts & Features

  • Type Multi-Family
  • Lot 0.09 Acres

Details

General

School Information

  • School District: 299

Income/Expenses

  • Gross Income: 0
  • Net Operating Income: 0

Building Information

  • New Construction: No
  • Year Built: 1910

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Auburn Gresham
  • Township: Lake

Community/Development

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Tax Information

  • Tax Annual Amount: $7,232.66
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20322050190000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 3

Beds/Baths

  • Bathrooms Total: 3
  • Bedrooms Total: 7
  • Bedrooms Possible: 7
  • Full Baths Building: 3

General Information

  • Basement: Finished, Full
  • Heating: Natural Gas, Sep Heating Systems - 2+
  • Other Equipment: Ceiling Fan(s)
  • Rooms Total: 11

Exterior

Parking Information

  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
  • Parking Total: 3

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 33X124
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Cape Cod
  • Construction Materials: Brick

General Information

  • Exterior Features: Balcony, Hot Tub
  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 1650
  • Beds Total: 3
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 950
  • Beds Total: 2
  • Baths Total: 1

7924 S Peoria Street Neighborhood

Community

60620 (CHICAGO) Demographics

39
Median Age
9,700
Population Density (per sq. mile)
28%
College Educated
$39,499
Estimated Median Income
12,104
Estimated Total Home Owners
13,350
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7924 S Peoria Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7924 S Peoria Street Market Data

Based on the last 30 days in this zip code

$247,297
Average List Price
$143
Average Price per Square Foot
31
Properties Sold
88
Average Days on Market
164
Properties for Sale
Calculations provided by Reliance Network

7924 S Peoria Street History

Date Event Value Agent
6/8/2026Source: MRED Status Change
Active
6/3/2026Source: MRED Added to Database
June 03, 2026
1/3/2023Source: MRED Added to Database
January 03, 2023
6/20/2022Source: MRED Added to Database
January 27, 2022
6/20/2022Source: MRED Added to Database
January 27, 2022