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7940 S Evans Ave
Multi-Family
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$335,000

7940 S Evans Ave, Chicago

72% below median
6 bd·2 ba·0 sqft
Built 19213,485 sqft lotChatham

7940 S Evans Ave, Chicago, IL

6 bd · 2 ba · 0 sqft Multi-Family listed at $335,000, built in 1921 in the Chatham neighborhood.

About this home

INVESTMENT OPPORTUNITY! Welcome to a versatile and income-generating multi-family townhouse nestled in the heart of Chatham. Whether you're seeking a live-in owner opportunity or landlord investment, this residence is poised for rental income or owner-occupancy with solid upside potential. Don't miss your chance to own a piece of historic character in a vibrant South Side community. Unit 2 is occupied, Unit 1 is vacant. *The property taxes do not represent a Homeowner Exemption.* Seller Motivated, Bring your Offers!

Property details

Price
$335,000
Bedrooms
6
Bathrooms
2
Year built
1921
Lot size
3,485 sqft
Type
Multi-Family
Days on market
89
Est. property tax
$6,968/yr · $581/mo · 2.08% IL avg
Last sold
$180,000 · Jun 2018

Estimated monthly payment

Down payment20% ($67,000)
Interest rate6.75%
Principal & Interest$1,738
Property Tax$307
Insurance$150
Total$2,195/mo

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Price history

$377K$187K$-4K$28K on Apr 16 (Sold)$180K on Jun 18 (Sold)$345K on Aug 25 (Initial list)$345K on Sep 25 (Relisted)$335K on Jan 26 (Price change)$335K on Jan 26 (Initial list)
$28K · Apr 16$335K · Jan 26
  1. Jan 27, 2026$335,000Initial list price
  2. Jan 15, 2026$335,000Price change
  3. Sep 12, 2025$345,000Relisted
  4. Aug 11, 2025$345,000Initial list price
  5. Jun 14, 2018$180,000Sold
  6. Apr 14, 2016$28,000Sold

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.

Home Intelligence

Neighborhood (zip 60619)

Median age is 41.3; 17% hold a bachelor's degree; 44% of homes are owner-occupied; median household income is $42,802.

Median income
$42,802
Median age
41.3
Owner-occupied
43.6%
Bachelor's degree
17.4%
Census median home value
$196,600

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

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