7701 S Eggleston Avenue Chicago, IL $ 440,000
7701 S Eggleston Avenue
$ 440,000
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7701 S Eggleston Avenue

Chicago, IL, 60620
$ 440,000
Bedrooms3 Baths0.0 Sq 6,528

Monthly Estimate*

$ 2,745

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Multi-Family Home for sale in Chicago, IL

for $440,000 with 3 bedrooms. This 6,528 square foot home was built in 1924 on a lot size of 0.12.

9-Unit All-Brick Cash Cow Located on a Quiet Block in Chicago's Hidden Gem - Winneconna Parkway! Cap Rate: 14.4% | Cash-on-Cash Return: 32.5% - Nearly Impossible to Find Anywhere! Check Out This incredible Investment Opportunity Located in One of Chicago's Most Unique & Desirable Residential Enclaves! Situated in Historic Winneconna Parkway, This All-Brick 9-Unit Building Offers Both Strong Current Cash Flow and Major Upside Potential! Featuring Six (2 Bed / 1 Bath) Units and Three (1 Bed / 1 Bath) Units - Totaling 15 Bedrooms and 9 Bathrooms! Fully Rented w/ All Cash Tenants on Month-to-Month Leases! Below-Market Rents w/ the Ability to Increase $100-$300 Per Month Per Unit, Significantly Boosting NOI! Most Units Have Gorgeous Hardwood Floors and Separate Living & Dining Rooms! Boiler System Under 8 Years Old - Reducing Near-Term Maintenance Costs! All Units Include Stoves & Refrigerators. Large Building w/ 6528 sq ft & Multiple Basements. Beyond the Numbers, This Building is Located in the Winneconna Parkway / Auburn Park Area, a True Hidden Treasure in One of the Nicest Residential Blocks in All of Chicago. Developed in the Late 1800s on Land Once Owned by Chicago's First Mayor, William B. Ogden, the Area is Known for its Serene Lagoons, Charming Bridges & Historic Architecture! This is More Than Just an Apartment Building-it's an Opportunity to Own Property in a Historically Rich & Highly Promising Area of Chicago. New Metra Auburn Park Station, Located Near Winneconna Parkway and 79th Street, is Scheduled to Open in 2026! The 79th Street Corridor Plan is Set to Completely Revitalize and Transform the Area w/ a Vibrant Mix of New Uses! Don't Miss Out on This Rare 9-Unit Money Maker w/ Massive Upside Potential!

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Multi-Family Active

Price

$ 440,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 11,906

Style

Multi-Family

Lot Size

0.12

Year Built

1924

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12510466

Features
General
Cooling None
Possession Closing Tenant's Rights
Zoning MULTI
Construction Materials Brick
Year Built 1924
Electric Circuit Breakers
Tenant Pays Electricity Other
Stories Count 3
Township Lake
Tax Year 2023
Current Use Multi-Family
Gross Income 123600
County Cook
Net Operating Income 57596
Operating Expense 34804
Insurance Expense 5088
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 1380
Possible Use Multi-Family
Status Active
Directions 76st street to Eggleston South to property
City Chicago
Number Of Units Total 9
MLS Area CHI - Greater Grand Crossing
Lot Size Square Feet 5187
Tax Annual Amount 11906
Electric Expense 554
Fuel Expense 9744
Trash Expense 2880
Water Sewer Expense 3252
Additional Parcels Y/N N
Standard Status Active
Cap Rate 14.4
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Interior
Total Fireplaces 0
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 6528
Lot Dimensions 39X133
Lot Size Acres 0.12
Frontage Type City Street
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* Excluded Features
List By
Exp Realty - Chicago North Ave

Broker

rwider2@gmail.com;ryan.widerberg@exprealty.com

Email

Affordability Calculator

$3,737
Per Month
73%
27%
0%
Monthly Principal & Interest
$2,745
Monthly Property Taxes
$992
Monthly Home Insurance
--
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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/4/2025$440,000 Listed Price

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7701 S Eggleston Avenue, Chicago, IL, 60620 is a Multi-Family Home for sale at $440,000 with 6,528 sqft and a lot size of 0.12. 7701 S Eggleston Avenue has 3 bedrooms, 0.0 baths, and was built in 1924. The property's zip code is 60620 which is in Chicago, IL