7701 S Eggleston Avenue
Chicago, IL, 60620
$400,000
3 Beds
3 Baths
0 SqFt
0.12 Acres
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$400,000
7701 S Eggleston Avenue
Chicago, IL, 60620
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***Open Houses on Saturday October 18th, 2025 from 10AM – 4PM & Sunday October 19th, 2025 from 12PM-4PM*** 9-Unit All-Brick Cash Cow Located on a Quiet Block in Chicago’s Hidden Gem – Winneconna Parkway! Cap Rate: 14.4% | Cash-on-Cash Return: 32.5% – Nearly Impossible to Find Anywhere! Check Out This incredible Investment Opportunity Located in One of Chicago’s Most Unique & Desirable Residential Enclaves! Situated in Historic Winneconna Parkway, This All-Brick 9-Unit Building Offers Both Strong Current Cash Flow and Major Upside Potential! Featuring Six (2 Bed / 1 Bath) Units and Three (1 Bed / 1 Bath) Units – Totaling 15 Bedrooms and 9 Bathrooms! 8 of 9 Units are Currently Rented w/ All Cash Tenants on Month-to-Month Leases! Below-Market Rents w/ the Ability to Increase $100-$300 Per Month Per Unit, Significantly Boosting NOI! Most Units Have Gorgeous Hardwood Floors and Separate Living & Dining Rooms! Boiler System Under 8 Years Old – Reducing Near-Term Maintenance Costs! All Units Include Stoves & Refrigerators. Large Building w/ 6528 sq ft & Multiple Basements. Beyond the Numbers, This Building is Located in the Winneconna Parkway / Auburn Park Area, a True Hidden Treasure in One of the Nicest Residential Blocks in All of Chicago. Developed in the Late 1800s on Land Once Owned by Chicago’s First Mayor, William B. Ogden, the Area is Known for its Serene Lagoons, Charming Bridges & Historic Architecture! This is More Than Just an Apartment Building-it’s an Opportunity to Own Property in a Historically Rich & Highly Promising Area of Chicago. New Metra Auburn Park Station, Located Near Winneconna Parkway and 79th Street, is Scheduled to Open in 2026! The 79th Street Corridor Plan is Set to Completely Revitalize and Transform the Area w/ a Vibrant Mix of New Uses! Don’t Miss Out on This Rare 9-Unit Money Maker w/ Massive Upside Potential! To Access All Units, Only Weekend Showings Are Available – Schedule Your Showing Today! ***Open Houses on Saturday October 18th, 2025 from 10AM – 4PM & Sunday October 19th, 2025 from 12PM-4PM***

Property Details

Price:
$400,000
MLS #:
MRD12485005
Status:
Active
Beds:
3
Baths:
3
Type:
Commercial
Neighborhood:
chigreatergrandcrossing
Listed Date:
Oct 8, 2025
Total Sq Ft:
6,528
Lot Size:
5,187 sqft / 0.12 acres (approx)
Year Built:
1924
Chi – Greater Grand CrossingChigreatergrandcrossing

Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick

Financial

Maintenance Fee
$1,380
Net Operating Income
$57,596
Tax Year
2023
Taxes
$11,906
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Oct 13, 2025
1,119
Commercial Listed
160
Avg DOM
151
Avg $ / SqFt
$1,044,201
Avg List Price

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Property Summary

    7701 S Eggleston Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60620. It is listed for $400,000 To schedule a showing of MLS#mrd12485005 at 7701 S Eggleston Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
7701 S Eggleston Avenue
Chicago, IL