7255 S Washtenaw Avenue Chicago, IL ^$ 400,000

7255 S Washtenaw Avenue

^$ 400,000

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7255 S Washtenaw Avenue

Chicago, IL, 60629

^$ 400,000

Bedrooms4 Baths5.0 Sq 2,540

Monthly Estimate*

^$ 2,495

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Multi-Family Home for sale in Chicago, IL

for $400,000 with 4 bedrooms and 5 full baths. This 2,540 square foot home was built in 1930 on a lot size of 0.09.

Buyers/investors may appreciate this find as similar rentals in the area may rent as much as $900 - $1100/mo. This property on nice, quiet block currently has four (4) 1BR units but each large enough for conversion offering investor even more income possibilities. All boast HWFs, spacious living rooms, large bedrooms, separate/formal dining rooms, pantries, broom closets, ceiling fans and plenty of closet space. Blocks to park, bus lines. Partially finished basement has additional rooms, bathroom, spacious and accommodates additional storage and laundry. Property has 2-car garage and enclosed backyard with concrete patio for tenant enjoyment. Don't wait, come see and make an offer! Showings Mon-Tues 5p-7p and Sat & Sun 10a-3p by appointment.

Multi-Family Active

Price

^$ 400,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,667

Style

Lot Size

0.09

Year Built

1930

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12504180

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Construction Materials Brick

Year Built 1930

Township Hyde Park

Tax Year 2023

Ownership Fee Simple

Gross Income 43200

County Cook

Net Operating Income 31052

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 16

Status Active

Directions Take 71st Street to Washtenaw Ave. then south on Washtenaw to 7255

City Chicago

High School District 299

MLS Area CHI - Chicago Lawn

Tax Annual Amount 4667.03

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Partially Finished Full

Total Bedrooms 4

Total Baths 5

Bedrooms Possible 4

Full Baths Building 5

Half Baths Building 0

Total Number of Units 4

Exterior

Water Source Public

Total Parking 0

Lot Dimensions 32x125

Lot Size Acres 0.09

Waterfront Y/N N

* Excluded Features

List By

Carl Lowe

Broker

nospam708@gmail.com

Affordability Calculator

$2,884

Per Month

Monthly Principal & Interest: $2,495
Monthly Property Taxes: $389
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$620,486

Percent of Sale Price 55%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/27/2025	$400,000		Listed Price

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7255 S Washtenaw Avenue, Chicago, IL, 60629 is a Multi-Family Home for sale at $400,000 with 2,540 sqft and a lot size of 0.09. 7255 S Washtenaw Avenue has 4 bedrooms, 5.0 baths, and was built in 1930. The property's zip code is 60629 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/15/2025.

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7255 S Washtenaw Avenue

Multi-Family Home for sale in Chicago, IL

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