7619 S Saginaw Avenue Chicago, IL $ 450,000
7619 S Saginaw Avenue
$ 450,000
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7619 S Saginaw Avenue

Chicago, IL, 60649
$ 450,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 2,771

7619 S Saginaw Avenue, Chicago, IL 60649 - Image 1
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Multi-Family Home for sale in Chicago, IL

for $450,000 with 5 bedrooms. This home was built in 1903 on a lot size of 0.29.

Solid brick 6-unit investment opportunity featuring a desirable unit mix of (3) 3-bedroom units and (3) 2-bedroom units. The property offers strong curb appeal with a classic brick exterior and well-maintained common areas. Rear of the building includes a detached garage with multiple parking spaces, enhancing tenant demand and additional income potential. Units feature functional layouts with generous room sizes and present a value-add opportunity for an investor to increase rents through cosmetic updates and improved management, allowing for strong upside in cash flow. Separately metered utilities support efficient operations and expense control. Conveniently located near public transportation, schools, shopping, and major thoroughfares, making this an attractive option for long-term tenancy. Ideal for investors seeking a stable income property with the ability to drive future rent growth.

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Multi-Family Active

Price

$ 450,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 9,500

Style

Multi-Family

Lot Size

0.29

Year Built

1903

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12539855

Features
General
Cooling Window Unit(s)
Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 1903
Tenant Pays Electricity Heat
Stories Count 2
Tax Year 2023
Current Use Multi-Family
Gross Income 61200
County Cook
Net Operating Income 37820
Operating Expense 23380
Insurance Expense 3500
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Possible Use Multi-Family
Status Active
Directions From 79th St head north on S Saginaw Ave. Property is located on the west side of the street near 76th St.
City Chicago
Number Of Units Total 6
MLS Area CHI - South Shore
Lot Size Square Feet 12525
Tax Annual Amount 9500
Electric Expense 1200
Fuel Expense 3600
Trash Expense 1500
Water Sewer Expense 4080
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 12 525
Lot Size Acres 0.29
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* Excluded Features
List By
Exp Realty

Broker

cesar@desouzasells.com

Email

Affordability Calculator

$3,562
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$792
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/3/2026$450,000 Listed Price

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7619 S Saginaw Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $450,000 with a lot size of 0.29. 7619 S Saginaw Avenue has 5 bedrooms, 0.0 baths, and was built in 1903. The property's zip code is 60649 which is in Chicago, IL