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$450,000 Contingent
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Property Description
Solid brick 6-unit investment opportunity featuring a desirable unit mix of (3) 3-bedroom units and (3) 2-bedroom units. The property offers strong curb appeal with a classic brick exterior and well-maintained common areas. Rear of the building includes a detached garage with multiple parking spaces, enhancing tenant demand and additional income potential. Units feature functional layouts with generous room sizes and present a value-add opportunity for an investor to increase rents through cosmetic updates and improved management, allowing for strong upside in cash flow. Separately metered utilities support efficient operations and expense control. Conveniently located near public transportation, schools, shopping, and major thoroughfares, making this an attractive option for long-term tenancy. Ideal for investors seeking a stable income property with the ability to drive future rent growth.
Full Property Details
Full Property Details for 7619 S Saginaw Ave
General
- Price: $450,000
- Taxes: $9,500 (2023)
- Status: Contingent
- Type: Commercial
- Source: MRED
- MLS ID: 12539855
- Updated: 1/15/2026
- Added to Site: 91 day(s) ago
Location
- Area: CHI - South Shore
- County: Cook
- Driving Directions: From 79th St, head north on S Saginaw Ave. Property is located on the west side of the street near 76th St.
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air, Separate per Unit
Utilities
- Trash: 1500
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Current Bldg. Use: Multi-Family
- Year Built: 1903
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,525
- Lot Dimensions: 12525
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $3,500
- Operating Expenses: $23,380
- Assessment Year: 1903
- Tax Amount: $9,500
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
- Pays Electric: 1200
- Pays Trash: 1500
Disclosures and Reports
- Property ID: 21303120080000
Listed by eXp Realty
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Schools
Schools serving 7619 S Saginaw Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Bradwell Community Arts & Sci Elementary School 7736 South Burnham Avenue, Chicago, IL 60649 | K-8 | 0.2 mi |
South Shore Intl Col Prep High School 1955 East 75th Street, Chicago, IL 60649 | 12- | 0.9 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 1.5 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 7619 S Saginaw Ave
Date
Details
Price
Change
Source
1/03/2026
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7619 S Saginaw Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,640
3%
$45,525
—
2022
$9,364
2%
$45,525
—
2021
$9,155
-5%
$45,525
5%
2020
$9,619
—
$43,179
-10%
2019
$9,638
2%
$47,973
—
2018
$9,476
-14%
$47,973
-6%
2017
$11,043
7%
$51,298
—
2016
$10,274
9%
$51,298
—
2015
$9,400
4%
$51,298
5%
2014
$9,060
2%
$48,829
—
2013
$8,881
1%
$48,829
—
2012
$8,762
—
$48,829
—
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 7619 S Saginaw Ave
7619 S Saginaw Avenue, Chicago, IL 60649 (MLS# 12539855) is a Commercial property. 7619 S Saginaw Avenue is currently listed for $450,000 and was received on January 03, 2026. Want to learn more about 7619 S Saginaw Avenue? Do you have questions about finding other Commercial real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.

