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7701 S Eggleston Ave
Multi-Family
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$440,000

7701 S Eggleston Ave, Chicago

63% below median
16 bd·10 ba·0 sqft
Built 19245,227 sqft lotGreater Grand Crossing

7701 S Eggleston Ave, Chicago, IL

16 bd · 10 ba · 0 sqft Multi-Family listed at $440,000, built in 1924 in the Greater Grand Crossing neighborhood.

About this home

9-Unit All-Brick Cash Cow Located on a Quiet Block in Chicago's Hidden Gem - Winneconna Parkway! 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! Cash, Hard Money, DSCR loan, Commercial Stated Income/No Doc Loan, Bridge Loan or Small Balance Commercial Loans Only!

Property details

Price
$440,000
Bedrooms
16
Bathrooms
10
Year built
1924
Lot size
5,227 sqft
Type
Multi-Family
Days on market
173
Est. property tax
$9,152/yr · $763/mo · 2.08% IL avg
Last sold
$295,000 · Jan 2018

Estimated monthly payment

Down payment20% ($88,000)
Interest rate6.75%
Principal & Interest$2,283
Property Tax$403
Insurance$150
Total$2,836/mo

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Price history

$537K$285K$33K$225K on Jun 01 (Sold)$385K on Feb 06 (Sold)$80K on Mar 11 (Sold)$120K on Apr 11 (Sold)$299K on Aug 11 (Initial list)$289K on Sep 11 (Price change)$289K on Oct 11 (Price change)$239K on Apr 14 (Initial list)$219K on May 14 (Price change)$199K on Jun 14 (Price change)$179K on Jun 14 (Price change)$159K on Jul 14 (Price change)$139K on Jul 14 (Price change)$119K on Sep 14 (Price change)$99K on Sep 14 (Price change)$75K on Nov 14 (Sold)$295K on Jan 18 (Sold)$495K on Dec 23 (Initial list)$495K on Feb 24 (Price change)$400K on Oct 25 (Initial list)$440K on Nov 25 (Initial list)
$225K · Jun 01$440K · Nov 25
  1. Nov 4, 2025$440,000Initial list price
  2. Oct 8, 2025$400,000Initial list price
  3. Feb 26, 2024$495,000Price change
  4. Dec 11, 2023$495,000Initial list price
  5. Jan 10, 2018$295,000Sold
  6. Nov 13, 2014$75,000Sold
  7. Sep 18, 2014$99,000Price change
  8. Sep 4, 2014$119,000Price change
  9. Jul 29, 2014$139,000Price change
  10. Jul 7, 2014$159,000Price change
  11. Jun 16, 2014$179,000Price change
  12. Jun 1, 2014$199,000Price change
  13. May 19, 2014$219,000Price change
  14. Apr 23, 2014$239,000Initial list price
  15. Oct 15, 2011$289,000Price change
  16. Sep 19, 2011$289,000Price change
  17. Aug 9, 2011$299,000Initial list price
  18. Apr 15, 2011$120,000Sold
  19. Mar 25, 2011$80,000Sold
  20. Feb 3, 2006$385,000Sold
  21. Jun 6, 2001$225,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 7701 S Eggleston Ave, Chicago
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Home Intelligence

Neighborhood (zip 60620)

Median age is 39.1; 12% hold a bachelor's degree; 49% of homes are owner-occupied; median household income is $46,472.

Median income
$46,472
Median age
39.1
Owner-occupied
48.6%
Bachelor's degree
11.9%
Census median home value
$177,500

Source: US Census Bureau American Community Survey 5-year estimates.

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