$285,000
7542 S Peoria Street
Chicago, IL, 60620
2-Flat Investment Opportunity in Greater Grand Crossing! Investor-ready and fully occupied! This well-maintained 2-flat multi-family property features two spacious 3-bedroom, 1-bath units-each offering a large living room, functional kitchen with pantry, and private back porch. Both units are occupied by long-term tenants, including participation in the CHA subsidy program, providing consistent rental income from day one. Additional features include a rear parking slab (no garage), separate utilities, and a backyard. Located on a quiet block with convenient access to public transportation, parks, and local amenities. Ideal for both seasoned investors and newcomers seeking to grow their portfolio with a stabilized asset in a high-demand rental corridor on Chicago’s South Side. Don’t miss this cash-flowing opportunity-schedule your showing today!
Property Details
Price:
$285,000
MLS #:
MRD12359206
Status:
Active
Beds:
6
Baths:
2
Type:
Multi Family
Neighborhood:
CHI – Auburn Gresham
Listed Date:
May 7, 2025
Year Built:
1908
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$3,376
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Multi Family in Chicago as of Oct 11, 2025
1,525
Multi Family Listed
79
Avg DOM
$500,208
Avg List Price
Community
- Address7542 S Peoria Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60620
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Property Summary
- 7542 S Peoria Street Chicago IL is a Multi Family for sale in Chicago, IL, 60620. It is listed for $285,000 To schedule a showing of MLS#mrd12359206 at 7542 S Peoria Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
7542 S Peoria Street
Chicago, IL
