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$750,000
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Property Description
Stately 6 unit apartment building for sale in emerging Englewood. The property is fully rented and cash flowing, and is currently operating at a 10 + CAP rate. The property underwent an extensive rehab with numerous updates including new kitchens, updated bathrooms, updated roof, refinished hardwood flooring, new lights, new laundry room and much more. This building has an excellent unit mix with 3 x 2 bedrooms and 3 x 3 bedrooms. All major mechanicals are updated including plumbing, individual furnaces and hot water tanks, newer electrical panels and wiring. This is a tenant paid utility set up that allows the owner to have very low operating costs. The building is a large corner building with excellent curb appeal. There is an updated common hallway as well as a large area in the back for tenant parking. The building is fully rented and is stable and cash flowing. Perfect arm chair investment opportunity
Full Property Details
Full Property Details for 7152 S Emerald Ave
General
- Price: $750,000
- HOA FEE: $1,800
- Taxes: $7,232 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12597272
- Updated: 3/26/2026
- Added to Site: 13 day(s) ago
Interior
- Basement: Unfinished
- Interior Features: Laundry Room
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: CHI - Englewood
- County: Cook
- Driving Directions: HALSTED ABOUT ONE BLOCK EAST ON 71st ST, TO EMERALD, S. TO PROPERTY
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Utilities
- Trash: 1380
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Concrete Perimeter
- Roof: Rubber
- Stories/Levels: 3
- Square Feet: 7,215
- Current Bldg. Use: Multi-Family
- Year Built: 1883
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 7,548
- Lot Dimensions: 50 x 125
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $1,800
- Insurance Fee: $5,148
- Operating Expenses: $27,252
- Other Fee: $6,072
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1883
- Tax Amount: $7,232
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
- Pays Electric: 1020
- Pays Trash: 1380
Disclosures and Reports
- Property ID: 20281000370000
Listed by Halsted Taylor Real Estate
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Schools
Schools serving 7152 S Emerald Ave
School District:Chicago Public School District 299
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7152 S Emerald Ave
Date
Details
Price
Change
Source
3/20/2026
Listed
$750,000
66.67%
MLS
10/11/2023
Sold
$450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7152 S Emerald Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,798
—
$36,000
100%
2023
$3,798
3%
$17,999
—
2022
$3,702
2%
$17,999
—
2021
$3,619
51%
$17,999
67%
2020
$2,395
-1%
$10,753
-12%
2018
$2,414
-2%
$12,220
—
2019
$2,455
-46%
$12,220
-43%
2017
$4,582
7%
$21,284
—
2016
$4,263
9%
$21,284
—
2015
$3,900
-2%
$21,284
-1%
2014
$3,970
2%
$21,399
—
2013
$3,892
1%
$21,399
—
2012
$3,840
—
$21,399
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7152 S Emerald Ave
7152 S Emerald Avenue, Chicago, IL 60621 (MLS# 12597272) is a Commercial property. 7152 S Emerald Avenue is currently listed for $750,000 and was received on March 20, 2026. Want to learn more about 7152 S Emerald Avenue? Do you have questions about finding other Commercial real estate for sale in Englewood? You can browse all Englewood real estate or contact a Coldwell Banker agent to request more information.

