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Listed by Jimmy Figueroaof HomeSmart Connect LLC
-
Est. payment /mo
10 Beds
7,405 Sqft Lot
Active
7615 S Emerald AVE Chicago, IL 60620
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12778423
Bedrooms 10
Year Built 1908
Annual Tax Amount $5,210
Tax Year 2025
Lot Size 7,405 Sqft
Lot Dimensions 40X125
Property Sub-Type Two to Four Units
Property Description
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.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement None
Interior
Heating Forced Air, Sep Heating Systems - 2+
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer, Storm Sewer
Water Lake Michigan, 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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