Active

$480,000

7615 Emerald Avenue, Chicago, IL 60620
10 Beds3 Baths3 days
7615 Emerald Avenue·Chicago, IL 60620
10Bedrooms
3Bathrooms
1908Year Built
About This Home

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.

MLS# 12778423Listed October 6, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms10
Total Bathrooms3
Total Rooms19

Size & Structure

Year Built1908
Lot Size0.170 acres

Location

CountyCook
TownshipSouth Chicago
Zip Code60620

Financial

List Price$480,000
Annual Taxes (2025)$5,210
Monthly Tax Est.$434
Parcel #20283080030000
Interior Features

Heating

Forced AirSep Heating Systems - 2+

Basement

None
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public SewerStorm Sewer

Water Source

Lake MichiganPublic
Tax & Financial
Annual Taxes
$5,210
Tax Year 2025
Monthly Tax Est.
$434
per month
Property Location

7615 Emerald Avenue, Chicago, IL 60620 — Cook County

$480,000
7615 Emerald Avenue
10 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
3 days on market
0.170 acres
$5,210/yr taxes
$2,957
estimated monthly payment
Principal & Interest
$2,523/mo
Property Tax
$434/mo
$480,000
20% — $96,000
3%50%
6.875%
3%12%
Loan Amount
$384,000
Down Payment
$96,000

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

Listed by
HomeSmart Connect LLC
Agent: Jimmy Figueroa
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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