7227 S Rhodes Avenue

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Address: 7227 S Rhodes Ave, Chicago, IL 60619, USA
Chicago & Midwest + Apartment Buildings
Created date: August 11, 2026
Date last updated: September 13, 2026
Price: $399,900Investment Analyzer NEW!

Property Description

Attention house hackers! Live in one unit and rent the other. Previously renovated, this spacious two-flat already has one tenant (section 8) in place in the 2nd floor unit and is collecting $1,850. Each unit features 3 bedrooms, 1 bath, and separate heating. Offering flexibility for both owner-occupants and investors. The property also includes a detached 2-car garage and a cozy backyard. Conveniently located between I-94 and the Chicago Skyway, you'll enjoy easy access to both downtown Chicago and Northwest Indiana. A great investment opportunity!

Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $399,900
Year Built: 1929
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 2
Address: 7227 S Rhodes Avenue, Chicago, IL 60619, USA
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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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