7304 South Peoria Street

Chicago IL 60621

Multi-Family

Currently for sale - view listing

Overview

This fully compliant legal 3-unit property delivers immediate income potential paired with the owner-occupant flexibility that savvy buyers pursue. Seven bedrooms and three bathrooms across three independently rented units create multiple revenue streams-whether you're owner-occupying one unit and collecting rent from two, or maximizing return on all three. Recent renovations and modern updates throughout mean minimal turnover delays and strong tenant appeal. Off-street rear parking adds convenience and property value in competitive markets. The structure is straightforward and the legal compliance eliminates the regulatory risk that haunts many multi-unit deals. Each unit has its own water heater and furnace. Each unit pays its own gas & electric, owner pays water. For investors seeking cash flow, owner-occupants building equity through rental revenue, or those exploring the house-hack model, this property delivers solid fundamentals and genuine opportunity.

Features

7 bedrooms

3 bathrooms

3 carspaces

Multi-Family

Property history for 7304 South Peoria Street

2025

Sold

$356,000

22 Aug 2025 by Rae Caulton, of Rae Lynn Realty LLC

2010

Sold

$8,125

22 Dec 2010 by Richard Gregory, of Stop Realty LLC

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.