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7721 S Emerald Avenue Chicago, IL 60620 • Multi Unit - Multiple • New

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  • 7721 S Emerald Avenue , Chicago, IL 60620 Main Photo

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Description

Opportunity meets location with this spacious multifamily in Auburn Gresham, featuring two duplex residences with 8 bedrooms combined. Unit 1 offers 4 bedrooms and 2 baths, while Unit 2 (occupied) features 4 bedrooms and 1.5 baths-creating an excellent setup for house hacking, multigenerational living, or adding a substantial multifamily asset to an investment portfolio. Located near the rapidly evolving 79th Street corridor, the property is positioned near significant neighborhood investment including the new Auburn Park Metra station at 79th & Lowe, the St. Leo Veterans Campus and VA resources on Emerald, the Auburn Gresham Healthy Lifestyle Hub, and new residential and commercial development along 79th Street. Live in one duplex while generating income from the other, or maximize the property as a full investment. With large unit layouts, existing tenancy, nearby transit, and continued investment throughout the corridor, this property offers both immediate and long-term potential.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 8
Bathrooms: 4
County: Cook
Listed By:
Blue Door Dave Inc 312-344-1487
MRED MLS
$410,000
Est. $2,846/mo
8beds
4baths
New to the Market New
BEDS8 BATHS4 full MLS#12794880
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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7721 S Emerald Avenue , Chicago, IL 60620.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $410,000$410,000$410,000
Down Payment $82,000$14,350$102,500
Monthly Mortgage Amount $2,155$2,645$2,658
Taxes $571$571$571
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$180$0
Monthly Estimated Total $2,846$3,516$3,349

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