7615 S Emerald Avenue
Chicago, IL, 60620
$480,000
10 Beds
3 Baths
0 SqFt
0.17 Acres
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$480,000
7615 S Emerald Avenue
Chicago, IL, 60620
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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

Schools

School District:
299

Interior

Heating
Forced Air, Sep Heating Systems – 2+

Exterior

Construction Materials
Brick

Financial

Tax Year
2025
Taxes
$5,210
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Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Oct 09, 2026
1,358
Multi Family Listed
75
Avg DOM
$525,511
Avg List Price

Community

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Property Summary

    7615 S Emerald Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60620. It is listed for $480,000 To schedule a showing of MLS#mrd12778423 at 7615 S Emerald Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
7615 S Emerald Avenue
Chicago, IL