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7513 S Langley Ave
Pending
Multi-Family
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$224,900

7513 S Langley Ave, Chicago

81% below median
5 bd·4 ba·0 sqft
Built 19103,485 sqft lotSouth Side

7513 S Langley Ave, Chicago, IL

5 bd · 4 ba · 0 sqft Multi-Family listed at $224,900, built in 1910 in the South Side neighborhood.

About this home

Rarely available 4-unit multifamily investment opportunity with potential for a 5th (garden/basement) unit. Property has been gutted to the studs and is nearing completion, offering a strong value-add opportunity. Completed work in all four units includes new framing, insulation, drywall, electrical rough-in, HVAC/AC rough-in and installation, plumbing rough-in, tubs, toilets, and most bathroom tilework, along with a new roof, new rear doors, partial tuckpointing, and back deck construction started. The **basement has been framed and roughed in** with electrical and plumbing to accommodate a **potential additional unit, laundry room, and additional storage**; buyer to verify zoning, permits, unit count, and completed work. Property also features a **2-car garage**. Sold strictly AS-IS. No survey. Cash or rehab loans only. There is some fire damage from the building next door but it was contained to the back deck. Many of the interior photos were taken prior to the fire when there was better lighting inside. The former owners removed most of the extra building materials prior to surrendering the property as a foreclosure.

Property details

Price
$224,900
Bedrooms
5
Bathrooms
4
Year built
1910
Lot size
3,485 sqft
Type
Multi-Family
Days on market
112
Est. property tax
$4,678/yr · $390/mo · 2.08% IL avg
Last sold
$235,000 · Apr 2026

Estimated monthly payment

Down payment20% ($44,980)
Interest rate6.75%
Principal & Interest$1,167
Property Tax$206
Insurance$150
Total$1,523/mo

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Price history

$331K$177K$22K$63K on Mar 13 (Initial list)$48K on Nov 13 (Sold)$169K on Jan 22 (Initial list)$175K on Mar 22 (Sold)$305K on Feb 25 (Initial list)$305K on Feb 25 (Relisted)$225K on Jan 26 (Initial list)$235K on Apr 26 (Sold)
$63K · Mar 13$235K · Apr 26
  1. Apr 27, 2026$235,000Sold
  2. Jan 3, 2026$224,900Initial list price
  3. Feb 13, 2025$305,000Relisted
  4. Feb 3, 2025$305,000Initial list price
  5. Mar 29, 2022$175,000Sold
  6. Jan 18, 2022$169,000Initial list price
  7. Nov 5, 2013$48,000Sold
  8. Mar 18, 2013$63,250Initial list price

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 7513 S Langley Ave, Chicago
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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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