7615 S Emerald Avenue
Chicago, IL, 60620
$480,000
10 Beds
3 Baths
0 SqFt
0.17 Acres
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MLS #MRD12778423 image #0
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.

Property Details

Price:
$480,000
MLS #:
MRD12778423
Status:
Active
Beds:
10
Baths:
3
Type:
Multi Family
Neighborhood:
chiauburngresham
Listed Date:
Oct 6, 2026
Year Built:
1908
Chi – Auburn GreshamChiauburngresham

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Schools

School District:
299

Interior

Heating
Forced Air, Sep Heating Systems – 2+

Exterior

Construction Materials
Brick

Financial

Tax Year
2025
Taxes
$5,210

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of Oct 11, 2026
1,347
Multi Family Listed
76
Avg DOM
$524,914
Avg List Price

Property Summary

    7615 S Emerald Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60620. It is listed for $480,000

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