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$440,000
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Property Description
9-Unit All-Brick Cash Cow Located on a Quiet Block in Chicago's Hidden Gem - Winneconna Parkway! Cap Rate: 14.4% | Cash-on-Cash Return: 32.5% - Nearly Impossible to Find Anywhere! Check Out This incredible Investment Opportunity Located in One of Chicago's Most Unique & Desirable Residential Enclaves! Situated in Historic Winneconna Parkway, This All-Brick 9-Unit Building Offers Both Strong Current Cash Flow and Major Upside Potential! Featuring Six (2 Bed / 1 Bath) Units and Three (1 Bed / 1 Bath) Units - Totaling 15 Bedrooms and 9 Bathrooms! Fully Rented w/ All Cash Tenants on Month-to-Month Leases! Below-Market Rents w/ the Ability to Increase $100-$300 Per Month Per Unit, Significantly Boosting NOI! Most Units Have Gorgeous Hardwood Floors and Separate Living & Dining Rooms! Boiler System Under 8 Years Old - Reducing Near-Term Maintenance Costs! All Units Include Stoves & Refrigerators. Large Building w/ 6528 sq ft & Multiple Basements. Beyond the Numbers, This Building is Located in the Winneconna Parkway / Auburn Park Area, a True Hidden Treasure in One of the Nicest Residential Blocks in All of Chicago. Developed in the Late 1800s on Land Once Owned by Chicago's First Mayor, William B. Ogden, the Area is Known for its Serene Lagoons, Charming Bridges & Historic Architecture! This is More Than Just an Apartment Building-it's an Opportunity to Own Property in a Historically Rich & Highly Promising Area of Chicago. New Metra Auburn Park Station, Located Near Winneconna Parkway and 79th Street, is Scheduled to Open in 2026! The 79th Street Corridor Plan is Set to Completely Revitalize and Transform the Area w/ a Vibrant Mix of New Uses! Don't Miss Out on This Rare 9-Unit Money Maker w/ Massive Upside Potential!
Full Property Details
Full Property Details for 7701 S Eggleston Ave
General
- Price: $440,000
- HOA FEE: $1,380
- Taxes: $11,906 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12510466
- Updated: 1/3/2026
- Added to Site: 74 day(s) ago
Location
- Area: CHI - Greater Grand Crossing
- County: Cook
- Township: Lake
- Driving Directions: 76st street to Eggleston South to property
- Location Details: Park Adjacent, Water View
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas, Hot Water, Radiators, Radiant
Utilities
- Trash: 2880
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Square Feet: 6,528
- Current Bldg. Use: Multi-Family
- Year Built: 1924
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 9
- Units w/Range/Oven: 9
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,187
- Lot Dimensions: 39 x 133
- Frontage: City Street
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $1,380
- Insurance Fee: $5,088
- Operating Expenses: $34,804
- Assessment Year: 1924
- Tax Amount: $11,906
- Tax Year: 2023
- Tenant Pays: Electricity, Other
- Pays Electric: 554
- Pays Trash: 2880
Disclosures and Reports
- Property ID: 20283200010000
Listed by eXp Realty - Chicago North Ave
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Schools
Schools serving 7701 S Eggleston Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Westcott Elementary School 409 West 80th Street, Chicago, IL 60620 | PK-8 | 0.4 mi |
Hirsch Metropolitan High School 7740 South Ingleside Avenue, Chicago, IL 60619 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7701 S Eggleston Ave
Date
Details
Price
Change
Source
11/04/2025
Listed
$440,000
49.15%
MLS
10/05/2017
Sold
$295,000
—
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 7701 S Eggleston Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,906
3%
$56,429
—
2022
$11,606
2%
$56,429
—
2021
$11,347
17%
$56,429
30%
2020
$9,669
11%
$43,402
—
2019
$8,720
28%
$43,402
26%
2018
$6,819
33%
$34,520
45%
2017
$5,121
5%
$23,788
-3%
2016
$4,895
41%
$24,440
29%
2015
$3,466
-52%
$18,915
-52%
2014
$7,267
2%
$39,168
—
2013
$7,124
1%
$39,168
—
2012
$7,029
—
$39,168
—
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 7701 S Eggleston Ave
7701 S Eggleston Avenue, Chicago, IL 60620 (MLS# 12510466) is a Commercial property. 7701 S Eggleston Avenue is currently listed for $440,000 and was received on November 04, 2025. Want to learn more about 7701 S Eggleston Avenue? Do you have questions about finding other Commercial real estate for sale in Greater Grand Crossing? You can browse all Greater Grand Crossing real estate or contact a Coldwell Banker agent to request more information.

