7914 S Essex Avenue

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Address: 7914 S Essex Ave, Chicago, IL 60617, USA
Chicago & Midwest + Apartment Buildings
Created date: September 15, 2026
Date last updated: September 15, 2026
Price: $499,000Investment Analyzer NEW!

Property Description

Turnkey, recently updated 3-unit building featuring three spacious 3-bedroom, 1-bath units - 9 bedrooms total! The entire property is vacant and ready for immediate occupancy, giving a new owner the flexibility to set market rents from day one or live in one unit while renting the other two. Each unit offers generous living space, updated finishes, a refreshed kitchen with refrigerator, microwave and dishwasher, plus in-unit washer/dryer hookups. The property also includes a detached garage, providing additional convenience and income potential. An excellent opportunity for both investors and owner-occupants looking for a move-in-ready multifamily property with strong rental potential. Conveniently located near public transportation, shopping, dining, schools, parks and major expressways. Three units. Three bedrooms each. Fully vacant. Ready for its next owner.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $499,000
Year Built: 1957
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 9
Number of Bathrooms: 3
Address: 7914 S Essex Avenue, Chicago, IL 60617, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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