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$699,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 18,000 Sq. Ft.
  • Updated 3 days ago
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Multifamily investment opportunity featuring a highly favorable unit mix that supports strong rent performance, long-term tenancy, and operational efficiency. The property consists of 18 total units, including 15 two bedroom units and 3 three bedroom units-a configuration that is increasingly sought after by investors due to sustained demand for larger apartments in workforce and family-oriented housing markets. The subject property is currently vacant and in need of substantial renovation. Property is being sold in 'AS IS' condition. Proof of funds required with all offers.

Full Property Details for 7546 S Peoria St

General

  • Price: $699,000
  • HOA FEE: $13,500
  • Taxes: $26,901 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12605998
  • Updated: 3/31/2026
  • Added to Site: 4 day(s) ago

Location

  • Area: CHI - Auburn Gresham
  • County: Cook
  • Township: Lake
  • Driving Directions: 90/94 or Lake Shore Drive
  • Location Details: Corner, Public Transport Avail

Heating & Cooling

  • Heating Type: Forced Air, Gas, Separate per Unit

Utilities

  • Trash: 4500

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Foundation: Concrete Perimeter
  • Stories/Levels: 3
  • Square Feet: 18,000
  • Current Bldg. Use: Multi-Family
  • Year Built: 1916
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 10,141
  • Lot Dimensions: 124.45 x 81.49
  • Frontage: City Street
  • Potential Use: Multi-Family
  • Zoning: MULTI

Financial Considerations

  • Maint. Fee: $13,500
  • Insurance Fee: $12,600
  • Operating Expenses: $110,000
  • Other Fee: $9,000
  • Assessment Year: 1916
  • Tax Amount: $26,901.53
  • Tax Year: 2024
  • Pays Electric: 2250
  • Pays Trash: 4500

Disclosures and Reports

  • Property ID: 20294050330000

Listed by Chicago Real Estate Resources

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— 7546 S Peoria St —

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 7546 S Peoria St

School District:Chicago Public School District 299
NameGradesDistance
Oglesby Elementary School
7646 South Green Street, Chicago, IL 60620
PK-80.1 mi
Hirsch Metropolitan High School
7740 South Ingleside Avenue, Chicago, IL 60619
9-122.3 mi
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 7546 S Peoria St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/31/2026
Listed
$699,000
-44.08%
MLS
4/07/2021
Sold
$1,250,000
—
Public Record
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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 for 7546 S Peoria St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$28,236
3%
$133,825
—
2022
$27,525
2%
$133,825
—
2021
$26,911
66%
$133,825
84%
2020
$16,197
11%
$72,708
—
2019
$14,608
24%
$72,708
22%
2018
$11,739
11%
$59,429
21%
2017
$10,548
5%
$48,999
-2%
2016
$10,031
9%
$50,083
—
2015
$9,207
-4%
$50,245
-3%
2014
$9,595
23%
$51,717
20%
2013
$7,814
-29%
$42,964
-30%
2012
$10,943
—
$60,981
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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7546 S Peoria Street, Chicago, IL 60620 (MLS# 12605998) is a Commercial property. 7546 S Peoria Street is currently listed for $699,000 and was received on March 31, 2026. Want to learn more about 7546 S Peoria Street? Do you have questions about finding other Commercial real estate for sale in Auburn Gresham? You can browse all Auburn Gresham real estate or contact a Coldwell Banker agent to request more information.

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