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7827 S Peoria St
Single Family
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$140,000

$87/sqft

7827 S Peoria St, Chicago

88% below median
4 bd·2 ba·1,610 sqft
Built 1906Far Southwest Side

7827 S Peoria St, Chicago, IL

4 bd · 2 ba · 1,610 sqft Single Family listed at $140,000, built in 1906 in the Far Southwest Side neighborhood.

About this home

Move-in ready with upside: this well-maintained 4BR/1.5BA (long-term ownership, newer roof) lets homebuyers live comfortably now and personalize over time-renovations can be rolled into FHA 203(k) for a streamlined upgrade path. Investors will appreciate the solid bed/bath count, clean condition, and value-add potential; after-update value is estimated around $240,000 and 4BR rent estimates run about $2,300-$2,500/month (buyer to independently verify). Versatile, practical layout, cared-for systems, and a great location near daily conveniences make this a compelling choice whether you're building equity as an owner-occupant or targeting dependable cash flow as a landlord.

Property details

Price
$140,000
Bedrooms
4
Bathrooms
2
Interior
1,610 sqft
Price / sqft
$87
Year built
1906
Type
Single Family
Days on market
169
Est. property tax
$2,912/yr · $243/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($28,000)
Interest rate6.75%
Principal & Interest$726
Property Tax$128
Insurance$150
Total$1,005/mo

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Price history

12.5%Most recent change on 2026-01-07: $160,000$140,000.

$162K$150K$138K$160K on Nov 25 (Initial list)$140K on Jan 26 (Price change)
$160K · Nov 25$140K · Jan 26
  1. Jan 7, 2026$140,000Price change
  2. Nov 8, 2025$160,000Initial 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.

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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