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$795,000

7062 Diversey Avenue, Chicago, IL 60707
10 Beds5 Baths4 days
7062 Diversey Avenue·Chicago, IL 60707
10Bedrooms
5Bathrooms
1955Year Built
About This Home

Refurbished LEGAL three-flat offering exceptional cash flow and long-term equity potential. Units boasts spacious floor plans with oversized bedrooms and wide layouts. The top floor and middle unit are about 1,417 sq. ft. while lower level unit is about 1,000 sq ft. The 1st and 2nd floor units feature 4 bedrooms and 2 full baths-designed to capture premium rents in this rental market. Nearby comps show 3BR units renting for $2,300/month, making $2,400-$2,500 achievable for these larger 4BR layouts. The ground-level unit offers flexibility as a 2BR/1BA or can be expanded to add an additional bedroom and bath. Area comps support rents around $2,100/month. Fully leased, projected gross annual income is $85,200+ (without parking income). Additional upside with coin-operated laundry or by leasing the detached 2-car garage. Utilities have been separated for tenants to pay their own. This classic Chicago yellow-brick building combines durability with high residual income potential. Prime location-close to shopping, dining, and neighborhood conveniences-ensures consistent tenant demand and short market times. Whether you're adding to your portfolio or looking for a strong-performing investment property, this is a smart acquisition to secure before year's end.

MLS# 12464795Listed September 6, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms10
Total Bathrooms5
Total Rooms17

Size & Structure

Garage Spaces2
Year Built1955
Lot Size4250

Location

CountyCook
TownshipJefferson
Zip Code60707

Financial

List Price$795,000
Annual Taxes (2023)$8,378
Monthly Tax Est.$698
Parcel #13301290420000
Interior Features

Heating

Natural GasBaseboard

Basement

Partially FinishedFull
Exterior & Lot

Construction

Brick

Roof

Rubber

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

CurbsGatedSidewalksStreet LightsStreet Paved
Schools
Elementary
Beard Elementary School
District: 299
Middle School
Josephine Locke Elementary Schoo
District: 299
High School
Idoc/Healy South High School
District: 299
Tax & Financial
Annual Taxes
$8,378
Tax Year 2023
Monthly Tax Est.
$698
per month
Property Location

7062 Diversey Avenue, Chicago, IL 60707 — Cook County

$795,000
7062 Diversey Avenue
10 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
4 days on market
2-car garage
4250
$8,378/yr taxes
$4,876
estimated monthly payment
Principal & Interest
$4,178/mo
Property Tax
$698/mo
$795,000
20% — $159,000
3%50%
6.875%
3%12%
Loan Amount
$636,000
Down Payment
$159,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
MPower Residential Brokerage LLC
Agent: Karla Mina
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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