7961 S Essex Avenue Chicago, IL ^$ 475,000

7961 S Essex Avenue

^$ 475,000

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7961 S Essex Avenue

Chicago, IL, 60617

^$ 475,000

Bedrooms9 Baths3.0

Monthly Estimate*

^$ 2,999

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Multi-Family Home for sale in Chicago, IL

for $475,000 with 9 bedrooms and 3 full baths. This home was built in 1924.

This is a GREAT building that was rehabbed a few years ago. This beauty sits on an oversized lot with a detached 3 car garage. This is a 3 unit building and perfect for house hacking. It does not have a basement but plenty of storage in each unit. Each unit has beautiful hardwood floors, stylish light fixtures, modern cabinetry, 3 large bedrooms and 1 bath. 2 current leases that end next year and one unit is a month to month tenant, in case you would like to live there right away. Building is beautifully maintained and can pass an FHA or conventional appraisal. DRY building with no flooding issues at all. 2 of the units have in unit laundry hook ups.

Multi-Family Contingent

Price

^$ 475,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,951

Style

Year Built

1924

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12719241

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Zoning MULTI

Garage Spaces 3

Construction Materials Brick

Year Built 1924

Township Hyde Park

Tax Year 2024

Ownership Fee Simple

Community Features Curbs Sidewalks Street Lights Street Paved

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 21

Status Contingent

Directions Head South on Jeffrey Ave. to 79th St.; Drive east to Phillips and left on Essex

City Chicago

High School District 299

MLS Area CHI - South Chicago

Tax Annual Amount 6951.41

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Finished Daylight

Total Bedrooms 9

Total Baths 3

Bedrooms Possible 9

Full Baths Building 3

Half Baths Building 0

Total Number of Units 3

Exterior

Parking Features Yes Garage Owned Detached Garage

Water Source Public

Total Parking 3

Lot Dimensions 5788SQFT

Waterfront Y/N N

* Excluded Features

List By

Premier Midwest Realty, Inc

Broker

realtorlillie@gmail.com

Affordability Calculator

$3,578

Per Month

Monthly Principal & Interest: $2,999
Monthly Property Taxes: $579
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$643,915

Percent of Sale Price 36%

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
9/4/2026	$475,000	-4.98%	Price Down
7/29/2026	$499,900		Listed Price

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7961 S Essex Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $475,000. 7961 S Essex Avenue has 9 bedrooms, 3.0 baths, and was built in 1924. The property's zip code is 60617 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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 9/18/2026.

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7961 S Essex Avenue

Multi-Family Home for sale in Chicago, IL

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