Chicago, IL 60620 7546 S Peoria Street
$699,000
20 more
Presented By: Chicago Real Estate Resources
Beds • 5
SQFT • 18,000
Home Details
Multifamily investment opportunity featuring a highly favorable unit mix that supports strong rent performance, long-term tenancy, and operational efficiency. The property consists of 18 total units, including 15 two-bedroom units and 3 three-bedroom units-a configuration that is increasingly sought after by investors due to sustained demand for larger apartments in workforce and family-oriented housing markets. The subject property is currently vacant and in need of substantial (full gut rehab) renovation. The property is being sold in existing condition. Pre-approval required with all offers.
Presented By: Chicago Real Estate Resources
General for 7546 S Peoria Street
Additional Parcels Y/NNo
Cap Rate11.9
CityChicago
Construction MaterialsBrick
CountyCook
Current UseMulti-Family
Directions90/94 or Lake Shore Drive
Electric Expense2250
Fuel Expense5400
Gross Income285000
Insurance Expense12600
Lot Size Square Feet10141
MLS AreaCHI - Auburn Gresham
MaintenanceExpense13500
Net Operating Income146
Number Of Units Total18
Operating Expense110000
PossessionClosing
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount26901.53
Tax Year2024
TownshipLake
Trash Expense4500
Water Sewer Expense13500
Year Built1916
ZoningMULTI
Exterior for 7546 S Peoria Street
Building Area Total18000
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions124.45x81.49
Additional Details
Price History
