7615 S Emerald Ave

Chicago, IL 60620
  • $480,000

    Price
  • 10

    Bed
  • 3

    Bath
  • 0.17

    Acre

About the Listing 26800 - 261100

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.

Listing Highlights for 7615 S Emerald Ave

Status Active
Days on Site 9
Property Type Multi-Family
MLS ® 12778423
Year Built 1908
Lot/Acreage 0.17
County Cook
School District 299

Interior Details

  • Bedrooms: 10
  • Bathrooms: 3 Full
  • Appliances: CO Detectors,Ceiling Fan(s)
  • Air Cond:
  • Heating: Forced Air,Sep Heating Systems - 2+
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Lake Michigan,Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 40X125
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer: Public Sewer,Storm Sewer

Financial Details

  • Tax Amount: $5,210
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20283080030000
  • Tax Year: 2025

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Listing Location

Questions About..

7615 S Emerald Ave Chicago, IL 60620

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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