7546 S Peoria Street Chicago, IL ^$ 699,000

7546 S Peoria Street

^$ 699,000

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7546 S Peoria Street

Chicago, IL, 60620

^$ 699,000

Bedrooms5 Baths0.0 Sq 18,000

Monthly Estimate*

^$ 4,304

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Multi-Family Home for sale in Chicago, IL

for $699,000 with 5 bedrooms. This 18,000 square foot home was built in 1916 on a lot size of 0.232805.

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.

Multi-Family Active

Price

^$ 699,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 26,901

Style

Multi-Family

Lot Size

0.232805

Year Built

1916

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12605998

Features

General

Possession Closing

Zoning MULTI

Construction Materials Brick

Year Built 1916

Stories Count 3

Township Lake

Tax Year 2024

Current Use Multi-Family

Gross Income 285000

County Cook

Net Operating Income 146

Operating Expense 110000

Insurance Expense 12600

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 13500

Possible Use Multi-Family

Status Active

Directions 90/94 or Lake Shore Drive

City Chicago

Number Of Units Total 18

MLS Area CHI - Auburn Gresham

Lot Size Square Feet 10141

Tax Annual Amount 26901.53

Electric Expense 2250

Fuel Expense 5400

Trash Expense 4500

Water Sewer Expense 13500

Additional Parcels Y/N N

Standard Status Active

Cap Rate 11.9

Exterior

Foundation Details Concrete Perimeter

Building Area Total 18000

Lot Dimensions 124.45x81.49

Frontage Type City Street

* Excluded Features

List By

Chicago Real Estate Resources

Broker

timk@crer.com

Affordability Calculator

$6,546

Per Month

Monthly Principal & Interest: $4,304
Monthly Property Taxes: $2,242
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$618,504

Percent of Sale Price 12%

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.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/31/2026	$699,000		Listed Price

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7546 S Peoria Street, Chicago, IL, 60620 is a Multi-Family Home for sale at $699,000 with 18,000 sqft and a lot size of 0.232805. 7546 S Peoria Street has 5 bedrooms, 0.0 baths, and was built in 1916. The property's zip code is 60620 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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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Data is updated as of 5/15/2026.

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7546 S Peoria Street

Multi-Family Home for sale in Chicago, IL

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