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Listed by Jerry Goodwinof Coldwell Banker Realty
$ 485,000
Est. payment /mo
Active Under Contract
7924 S Peoria ST Chicago, IL 60620
7 Beds
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12666495
Style Cape Cod
Bedrooms 7
Year Built 1910
Annual Tax Amount $7,502
Tax Year 2025
Lot Size 3,920 Sqft
Lot Dimensions 33X124
Property Sub-Type Two to Four Units
Property Description
Welcome to 7924 S Peoria St, a fantastic 3 unit building situated in a vibrant neighborhood just minutes from downtown Chicago and public transportation. This well maintained property is perfect for both homeowners and savvy investors looking to capitalize on the thriving rental market. Unit 1 is currently vacant, offering a blank canvas for new owners or tenants to personalize their space. This unit features beautiful hardwood floors throughout and stainless steel kitchen appliances, enhancing the warm and inviting atmosphere. Unit 2 is Occupied by a reliable tenant with a lease that extends until July 2026, providing steady rental income. This unit also has hardwood floors and stainless steel kitchen appliances. What makes this unit unique is that it has a den area that's perfect for an office space, along with access to a walk-out balcony, ideal for relaxing with a morning cup of coffee or enjoying evening sunsets. The basement Unit is occupied by a tenant on a month-to-month lease, allowing for flexibility if you choose to move in or make adjustments to the rental strategy. Each unit is equipped with its own washer and dryer, adding convenience for tenants while keeping utility expenses manageable-tenants are responsible for their own gas and electric bills. Outside, the spacious backyard offers plenty of room for small gatherings and enjoyment, allowing tenants a great outdoor space to unwind. The property's 3 car garage provides each tenant with a designated parking spot, ensuring comfort and convenience. This property is an exceptional investment opportunity with strong rental potential on well desired block. Don't miss your chance to own a piece of Chicago real estate that combines practicality with desirable features!
Location
State IL
County Cook
Community Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Sep Heating Systems - 2+
Fireplace N
Exterior
Exterior Feature Balcony, Hot Tub
Garage Spaces 3.0
View Y/N true
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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