7152 S Emerald Avenue, Chicago, IL 60621 - Photo 1

1/1

$745,000

Sold
Closed
Commercial
7,215 Sq. Ft.
Updated 2 days ago

1/1

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

Sold For: $745,000
Taxes: $7,232 (2024)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12597272
Added to Site: 106 day(s) ago

Interior

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

Structural Information

Construction: Brick
Exterior Const.: Brick
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

Operating Expenses: $27,252
Security Deposit: Smoke or Fire Protectors
Assessment Year: 1883
Tax Amount: $7,232
Tax Year: 2024
Tenant Pays: Electricity, Heat

Disclosures and Reports

Property ID: 20281000370000

Listed by Halsted Taylor Real Estate
Sold by Charles Rutenberg Realty

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— 7152 S Emerald Ave —

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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

6/30/2026

Sold

$745,000

-0.67%

MLS

3/20/2026

Listed

$750,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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7152 S Emerald Avenue, Chicago, IL 60621 (MLS# 12597272) is a Commercial property that was sold at $745,000 on June 30, 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.

7152 S Emerald Ave Chicago, IL 60621