Sold
Last Sold Price
15 beds

7152 S Emerald Ave, Chicago, IL 60621

Multi FamilyProperty Type
0.17 acresLot Size
1883Year Built

Description

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...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

    Sold By Charles Rutenberg Realty

    • Listed by: Anthony Golob 708.351.3246 anthonymanage@gmail.com • Halsted Taylor Real Estate
    Listing closed: 06/30/2026 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12597272
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    $4,580 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $3,977

    Property Taxes

    $603

    HOA Dues

    $0

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    Property Information for 7152 South Emerald Avenue

    Property Details

    • Taxes: $7,232 / year
    • MLS Type: Multi Family 5+ / Corridor-Interior Entrance
    • County: Cook County
    • Area: CHI - Englewood
    • Air Conditioning Type: None
    • Num of Interior Fireplaces: 0
    • Zoning: MULTI

    Building Information

    • Stories: 3
    • Residences: 6
    • Year Built: 1883
    • Lot Size: 0.17 AC / 7,548 SF

    General Information

    Addtl Parking Information
    • Outdoor Parking: 6-12 Spaces
    Location and General Information
    • Information: List Broker Must Accompany,48-Hr Notice Required
    • Postal Code Plus 4: 0
    Taxes and HOA Information
    • Association Fee Includes: None
    • Additional Parcels: No

    Property Information

    Interior Features
    • Basement Type: Unfinished
    • Air Conditioning: None
    • Electric: Circuit Breakers, Separate Meters, Service - 201 to 600 Amps
    • # Of Washers: 1
    • Heat/Ventilation: Forced Air,Gas
    • # Of Window/Ac: 0
    • # Of Refrigerators: 6
    • Washer/Dryer Lsd: No
    • Misc Inside: Laundry Room
    • # Of Dryers: 1
    • # Of Disposals: 0
    • # Of Dishwashers: 0
    • Num of Baths: 6.0
    Property/Lot Information
    • Owners Association: No
    • Tenant Pays: Electricity, Heat
    • Built Before 1978: Yes
    • Approximate Age: New Rehab
    • Multi-Family Type: Corridor-Interior Entrance
    • Lot Dimensions: 50 X 125
    • Lot Size Square Feet: 7548.0
    • Stories: 3
    • Exterior Building Type: Brick
    • Construction: Brick
    • Roof Type: Rubber
    • Fire Protection: Smoke or Fire Protectors
    • Roof Structure: Flat
    • Foundation Details: Concrete Perimeter
    • Building Area Total: 7215
    • # Of Ranges: 6
    Property and Assessments
    • Possible Use: Multi-Family
    • Buyer Financing: Conventional
    • Public Document Count: 0
    • Photos Count: 24
    Miscellaneous
    • Current Use: Multi-Family
    • Land Amenities: Curbs and Gutters,Sidewalks
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No

    Multi Family

    Multi-Family Information
    • Number Of Units Total: 6
    Income & Expenses
    • Electric Expense: $1,020.00
    • Fuel Expense: $.00
    • Gross Income: $112,632.00
    • Gross Scheduled Income: $112,632.00
    • Insurance Expense: $5,148.00
    • Maintenance Expense: $1,800.00
    • Manager Expense: $5,652.00
    • Electric Expense Source: Combination
    • Known Encumbrances: First Mortgage
    • Expense Year: 2025
    • Total Annual Expense Source: Combination
    • Fuel Expense Source: Combination
    • Insurance Expense Source: Actual
    • Janitor Expense: 1800
    • Manager Expense Source: CO
    • Other Expense Source: Combination
    • Repairs-Decor Expense Source: Combination
    • Trash Expense Source: Actual
    • Total Monthly Income: 9386
    • Water Expense Source: Combination
    • Net Operating Income: $78,147.00
    • Operating Expense: $27,252.00
    • Other Expense: $6,072.00
    • Trash Expense: $1,380.00
    • Water Sewer Expense: $3,756.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 1
    Unit 2
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 1
    Unit 3
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 1
    Unit 4
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 1
    Unit 5
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 1
    Unit 6
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 1
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0

    Property History for 7152 South Emerald Avenue

    DateEvent & SourcePriceAppreciation
    Jun 30, 2026

    Sold

    MRED #12597272

    $745,000—
    Jun 16, 2026

    Sold (Public Record)

    Public Record #1943878982

    $745,000

    +11.6% / yr

    Apr 23, 2026

    Pending

    MRED #12597272

    —
    DateEvent & SourcePrice
    06/30/2026

    Sold

    MRED #12597272

    $745,000
    06/16/2026

    Sold (Public Record)

    Public Record #1943878982

    $745,000

    +11.6% / yr

    04/23/2026

    Pending

    MRED #12597272

    —

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 7152 South Emerald Avenue

    Taxable Value

    Land

    $2,264

    Additions

    $33,736
    Total$36,000

    Tax Record

    2023

    $3,798 ($316 / month)

    Home Facts

    Baths

    6.5

    Total Finished SqFt

    7,215 SqFt

    Above Grade Finished SqFt

    7,215 SqFt

    Stories

    3

    Lot Size

    7,548 SqFt

    Style

    Multi-Family Res (5+ Units)

    Year Built

    1883

    Year Renovated

    1885

    Zoning

    RS-3

    County

    COOK

    APN

    20-28-100-037-0000

    Schools near 7152 South Emerald Avenue

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Public - 9 to 12
    Charter - 9 to 12
    Rating
    School
    Distance
    Englewood STEM High School
    Public9 to 12

    EXCEL ACADEMY - ENGLEWOOD HS
    Public9 to 12

    Community Youth Development Institute
    Charter9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

    Neighborhood Map and Transit

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    Listing Courtesy of Halsted Taylor Real Estate

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 07/03/2026 03:05 AM. 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.