$642,500

7931 S Manistee Ave Chicago, IL 60617

South Chicago Neighborhood

Estimated payment $4,123/month

Total Views 1,037
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Located in the South Chicago neighborhood, the building has 7-units, all consisting of 3 bedrooms and 1 bathroom. The backyard is fully fenced, with 4 parking spaces available if new owner wants to open the fence. The building has been well maintained over the last 6 years of ownership, setting things up like two washers and dryers and storage units for all apartments in the basement, as well as a private storage for owner. The 7 units all consist of 3 bedrooms and 1 bathroom with dining room and large living rooms with faux fireplaces and lots of natural light. 2 units have been fully renovated with new kitchens, 5 of 7 have their hardwood floor completely refinished, and various units have refurbished stainless steel appliances and new bathroom vanities.

Listing Agent

Peter Deja

Cross County Realty Inc. License #475131065 Listed on: 06/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,558

Year Built

  • Built in 1926

Additional Features

  • 3-Story Property
  • Lot Dimensions are 50' x 124'
  • Radiator

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $512
  • Fuel Expense $7,500
  • Insurance Expense $5,000
  • Maintenance Expense $5,000
  • Manager Expense $8,691
  • Other Expense $1,845
  • Trash Expense $1,955
  • Water Sewer Expense $3,955
  • Operating Expense $46,201
  • Gross Income $114,600
  • Net Operating Income $65,939

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,558

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1926
  • Built Before 1978 (Y/N): Yes
  • Information: No Sign on Property
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Refrigerators: 7
  • Ranges: 7
  • Number of Washers: 2
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 642500

Utilities

  • Heat/Ventilation: Radiators

Condo/Co-op/Association

  • Manager Expense: 8691

Fee Information

  • Trash Expense: 1955
  • Water Sewer Expenses: 3955
  • Janitor Expense: 1724

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50' X 124'

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 65939
  • Fuel Expense: 7500
  • Insurance Expense: 5000
  • ElectricExpense: 512
  • GrossIncome: 114600
  • Maintenance Expense: 5000
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 46201
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 8558
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $642,500 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12395947

Midwest Real Estate Data (MRED)

APN: 21311070140000

Illinois Cook County Chicago 60617 South Chicago

7931 S Manistee Ave, Chicago, IL

This home is located at 7931 S Manistee Ave, Chicago, IL 60617 and is currently priced at $642,500. This property was built in 1926. 7931 S Manistee Ave is a home located in Cook County with nearby schools including Bradwell Community Arts & Sci Elementary School, Great Lakes Academy, and Epic Academy High School.

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Nearby Homes
Listing Agent
Peter Deja
Section Image
Cross County Realty Inc.
(312) 548-3949