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7152 S Emerald Avenue

Chicago, IL 60621
  • $750,000
  • STATUS: Active
  • MLS #: 12597272
UPDATED: 104 min ago
$750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1883
County:
Area:

School Ratings & Info

Description

Stately 6 unit apartment building for sale in emerging Englewood. The property is fully rented and cash flowing, and is currently operating at a 10 + CAP rate. The property underwent an extensive rehab with numerous updates including new kitchens, updated bathrooms, updated roof, refinished hardwood flooring, new lights, new laundry room and much more. This building has an excellent unit mix with 3 x 2 bedrooms and 3 x 3 bedrooms. All major mechanicals are updated including plumbing, individual furnaces and hot water tanks, newer electrical panels and wiring. This is a tenant paid utility set up that allows the owner to have very low operating costs. The building is a large corner building with excellent curb appeal. There is an updated common hallway as well as a large area in the back for tenant parking. The building is fully rented and is stable and cash flowing. Perfect arm chair investment opportunity

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner.

Based on information submitted to the MLS GRID as of 2026-04-12T23:04:09.973 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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7152 S Emerald Avenue Chicago, IL 60621

  • Price: $750,000
  • Status: Active
  • On Site: Days
  • Updated: 104 min ago
  • MLS #: 12597272
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1883
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Stately 6 unit apartment building for sale in emerging Englewood. The property is fully rented and cash flowing, and is currently operating at a 10 + CAP rate. The property underwent an extensive rehab with numerous updates including new kitchens, updated bathrooms, updated roof, refinished hardwood flooring, new lights, new laundry room and much more. This building has an excellent unit mix with 3 x 2 bedrooms and 3 x 3 bedrooms. All major mechanicals are updated including plumbing, individual furnaces and hot water tanks, newer electrical panels and wiring. This is a tenant paid utility set up that allows the owner to have very low operating costs. The building is a large corner building with excellent curb appeal. There is an updated common hallway as well as a large area in the back for tenant parking. The building is fully rented and is stable and cash flowing. Perfect arm chair investment opportunity
Exterior Features

Foundation Details Concrete Perimeter Land Amenities Curbs and GuttersSidewalks Outdoor Parking 6-12 Spaces Roof Rubber Roof Structure Flat

Interior Features

Basement Details Unfinished Cooling None Fireplaces Total 0 Heat Ventilation Forced AirGas Miscellaneous Inside Laundry Room Number Of Dishwashers 0 Number Of Dryers 1 Number Of Ranges 6 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age New Rehab Association Fee Includes None Building Area Total 7215 Built Before1978 YN Yes Current Use Multi-Family Electric Circuit BreakersSeparate MetersService - 201 to 600 Amps Fire Protection Smoke or Fire Protectors Gross Income 112632 Gross Scheduled Income 112632 Insurance Expense 5148 Maintenance Expense 1800 Mls Actual Status Active Net Operating Income 78147 Operating Expense 27252 Ownership Types Limited Liability Corp Possible Use Multi-Family Seller Needs Other Tax Annual Amount 7232 Tax Year 2024 Tenant Pays ElectricityHeat Total Monthly Income 9386 Type Multi Family 5+ Zoning MULTI

Listing courtesy of © 2026 Midwest Real Estate Data LLC as distributed by MLS GRID.
Listing provided courtesy of Halsted Taylor Real Estate: 312-421-5151.



© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner.

Based on information submitted to the MLS GRID as of 2026-04-12T23:04:09.973 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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