7131 South Peoria, Chicago IL 60621
$310,000

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Property Description

This brick multi-unit property offering 2,190 sq.ft. of living space is a fantastic opportunity for investors or families seeking a spacious home with rental potential. The property features two well-appointed units, with the main floor offering 2 bedrooms and 1 bath, and the second floor providing 3 bedrooms and 1 bath, both with hardwood flooring and individual heating for maximum comfort. The legal basement suite is plumbed and wired for future development, offering endless possibilities for additional living space or rental income. Additional updates include a roof and porch done in (2017), along with upgraded plumbing, electrical, and furnace systems. The rear 2-car garage provides convenient parking, and the home's location is close to local amenities, schools, parks, and public transportation. This property is a rare find with great flexibility and value for a variety of living arrangements.

Features & Information

Key Details

  • List Price $310,000
  • Property Taxes $949.22
  • Price/ Sq. Ft. Unavailable
  • Year Built 1916
  • Parking Type Garage
  • Status Active

Rooms

  • Total Rooms 17
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2

Building Information

  • Number of Units 3
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Foundation Concrete
  • Heating & Cooling Gas, Electric
  • Units

  • Unit 1 Stove, Refrigerator
  • Unit 2 Stove, Refrigerator
  • Unit 3 Stove, Refrigerator

Location

  • County Cook
  • Township Lake
  • Corporate Limits Chicago
  • Directions to Property 71st To Peoria, South To Property
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 949.22
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 20292060140000

Utilities

  • Sewer Sewer-Publ

Listed by Crystal Trevino for RE/MAX MI CASA | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 3/12/2025 1:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Englewood

Englewood has seen its share of both good fortune and hard luck over the years. Englewood Station was once a stop on the premier New York Central Railroad Line, and had one of the hottest shopping districts in the city. Unfortunately it suffered when many of the once-prominent industries, such as the railroad, left the community. Lately, though, there is a resurgence of interest in Englewood, as developers realize some of the hidden assets of the area, including convenient access to public transportation and expressways, loads of public parkland, and affordable housing. Not to mention free music concerts and outdoor films in the neighborhood's parks during the warm weather months.

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