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Listed by Jessica Simsof Century 21 IMPACT
-
Est. payment /mo
New
7304 S Peoria ST Chicago, IL 60621
7 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12754354
Bedrooms 7
Year Built 1911
Annual Tax Amount $843
Tax Year 2023
Lot Dimensions 25x125
Property Sub-Type Two to Four Units
Property Description
This fully compliant legal 3-unit property delivers immediate income potential paired with the owner-occupant flexibility that savvy buyers pursue. Seven bedrooms and three bathrooms across three independently rented units create multiple revenue streams-whether you're owner-occupying one unit and collecting rent from two, or maximizing return on all three. Recent renovations and modern updates throughout mean minimal turnover delays and strong tenant appeal. Off-street rear parking adds convenience and property value in competitive markets. The structure is straightforward and the legal compliance eliminates the regulatory risk that haunts many multi-unit deals. Each unit has its own water heater and furnace. Each unit pays its own gas & electric, owner pays water. For investors seeking cash flow, owner-occupants building equity through rental revenue, or those exploring the house-hack model, this property delivers solid fundamentals and genuine opportunity.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Vinyl Siding
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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