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Back 7062 West Diversey Avenue
Off Market

7062 West Diversey Avenue

Chicago IL 60707

10
5
2
Multi-Family
Last sold for $795,000
Karla MinaKarla Mina, last sold this property on 10 October 2025 after 33 days on market.

Overview

Refurbished LEGAL three-flat offering exceptional cash flow and long-term equity potential. Units boasts spacious floor plans with oversized bedrooms and wide layouts. The top floor and middle unit are about 1,417 sq. ft. while lower level unit is about 1,000 sq ft. The 1st and 2nd floor units feature 4 bedrooms and 2 full baths-designed to capture premium rents in this rental market. Nearby comps show 3BR units renting for $2,300/month, making $2,400-$2,500 achievable for these larger 4BR layouts. The ground-level unit offers flexibility as a 2BR/1BA or can be expanded to add an additional bedroom and bath. Area comps support rents around $2,100/month. Fully leased, projected gross annual income is $85,200+ (without parking income). Additional upside with coin-operated laundry or by leasing the detached 2-car garage. Utilities have been separated for tenants to pay their own. This classic Chicago yellow-brick building combines durability with high residual income potential. Prime location-close to shopping, dining, and neighborhood conveniences-ensures consistent tenant demand and short market times. Whether you're adding to your portfolio or looking for a strong-performing investment property, this is a smart acquisition to secure before year's end.

Features

10 bedrooms
5 bathrooms
2 carspaces
2 garage spaces
Multi-Family

Estimated Value

We need at least 3 similar 10 bedroom multi families sold in Chicago over the last 12 months.

Property history for 7062 West Diversey Avenue

2025
Sold
$795,000
10 Oct 2025 by Karla Mina, of MPower Residential Brokerage LLC
2025
Sold
$590,000
03 Jun 2025 by Frank DeNovi, of Compass

Happy sellers in Chicago

96%
96% of sellers in Chicago reported that their sale price either exceeded or met their price expectations.

Chicago stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Chicago over the last 12 months.

Local market activity for 10 bedroom multi families in Chicago

Nearby agents

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Mario Greco

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Joel Zielke

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Andis Combi

Andis Combi is a recommended agent for Chicago.  They have 1 local sale and collected 1 local review across the last 12 months.

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