7615 S Emerald Avenue Chicago, IL $ 480,000
7615 S Emerald Avenue
$ 480,000
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7615 S Emerald Avenue

Chicago, IL, 60620
$ 480,000
Bedrooms10 Baths3.0

Monthly Estimate*

$ 3,315

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Multi-Family Home for sale in Chicago, IL

for $480,000 with 10 bedrooms and 3 full baths. This home was built in 1908 on a lot size of 0.17.

Welcome to 7615 S Emerald Ave, a spacious brick 3-unit multifamily property offering an excellent opportunity for investors or owner-occupants. The property features 10 bedrooms and 3 bathrooms across three units, including two 3-bedroom units and one 4-bedroom unit, creating flexibility for multiple rental income streams. Minor updates were completed in 2025, providing a solid foundation while leaving additional opportunities to add value and increase rents over time. Located in the Auburn Gresham/Gresham area, the property is surrounded by schools, parks, shopping, public transportation, and everyday conveniences. Its large lot, three-unit layout, and family-friendly bedroom configurations make it well positioned for rental demand. For investors, the property offers strong income-producing potential, with the opportunity to stabilize occupancy, optimize rents, and build long-term equity while benefiting from the area's established residential character and convenient access to neighborhood amenities.

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Multi-Family Active

Price

$ 480,000

Bedrooms

10

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,210

Style

Lot Size

0.17

Year Built

1908

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12778423

Features
General
Sewer Public Sewer Storm Sewer
Heating Forced Air Sep Heating Systems - 2+
Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 1908
Township South Chicago
Tax Year 2025
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 19
Status New
Directions EAST OR WEST ON 76TH ST. TO EMERALD
City Chicago
High School District 299
MLS Area CHI - Auburn Gresham
Tax Annual Amount 5210.21
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement None
Total Bedrooms 10
Total Baths 3
Bedrooms Possible 10
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Water Source Lake Michigan Public
Total Parking 0
Lot Dimensions 40X125
Lot Size Acres 0.17
Waterfront Y/N N
Other Equipment CO Detectors Ceiling Fan(s)
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* Excluded Features
List By
Homesmart Connect Llc

Broker

jimmyfigsrealty@gmail.com;JimmyFigsRealty@gmail.com

Email

Affordability Calculator

$3,749
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,315
Monthly Property Taxes
$434
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2026$480,000 Listed Price

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7615 S Emerald Avenue, Chicago, IL, 60620 is a Multi-Family Home for sale at $480,000 with a lot size of 0.17. 7615 S Emerald Avenue has 10 bedrooms, 3.0 baths, and was built in 1908. The property's zip code is 60620 which is in Chicago, IL