7152 S Emerald Ave Chicago, IL 60621
Englewood NeighborhoodEstimated payment $4,553/month
Highlights
- 7,548 Sq Ft lot
- Laundry Room
- Forced Air Heating System
About This Home
Stately 6 unit apartment building for sale in emerging Englewood. The property is fully rented and cash flowing, and is currently operating at a 10 + CAP rate. The property underwent an extensive rehab with numerous updates including new kitchens, updated bathrooms, updated roof, refinished hardwood flooring, new lights, new laundry room and much more. This building has an excellent unit mix with 3 x 2 bedrooms and 3 x 3 bedrooms. All major mechanicals are updated including plumbing, individual furnaces and hot water tanks, newer electrical panels and wiring. This is a tenant paid utility set up that allows the owner to have very low operating costs. The building is a large corner building with excellent curb appeal. There is an updated common hallway as well as a large area in the back for tenant parking. The building is fully rented and is stable and cash flowing. Perfect arm chair investment opportunity
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,232
Year Built
- Built in 1883
Lot Details
- 7,548 Sq Ft Lot
- Lot Dimensions are 50 x 125
Parking
- 6 to 12 Parking Spaces
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 7,215 Sq Ft Home
- 3-Story Property
- Fire and Smoke Detector
- Laundry Room
- Unfinished Basement
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Separate Meters
- 200+ Amp Service
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $1,020
- Insurance Expense $5,148
- Maintenance Expense $1,800
- Manager Expense $5,652
- Other Expense $6,072
- Trash Expense $1,380
- Water Sewer Expense $3,756
- Operating Expense $27,252
- Gross Income $112,632
- Net Operating Income $78,147
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,798 | $36,000 | $2,264 | $33,736 |
| 2024 | $3,798 | $36,000 | $2,264 | $33,736 |
| 2023 | $3,702 | $18,000 | $4,906 | $13,094 |
| 2022 | $3,702 | $18,000 | $4,906 | $13,094 |
| 2021 | $3,619 | $17,999 | $4,906 | $13,093 |
| 2020 | $2,395 | $10,753 | $5,661 | $5,092 |
| 2019 | $2,455 | $12,220 | $5,661 | $6,559 |
| 2018 | $2,414 | $12,220 | $5,661 | $6,559 |
| 2017 | $4,582 | $21,284 | $4,906 | $16,378 |
| 2016 | $4,263 | $21,284 | $4,906 | $16,378 |
| 2015 | $3,900 | $21,284 | $4,906 | $16,378 |
| 2014 | $3,970 | $21,399 | $4,528 | $16,871 |
| 2013 | $3,892 | $21,399 | $4,528 | $16,871 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/23/2026 04/23/26 | Pending | -- | -- | -- |
| 03/20/2026 03/20/26 | For Sale | $750,000 | -- | $104 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12597272
APN: 20281000370000
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.